--- title: "HSN Code for Machine Tools for Working Metal | HSN 84629000 GST Rate" description: "Find HSN and GST Rates for 84629000 related to Machine Tools for Working Metal with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84629000/" --- # HSN Code 84629000: Machine Tools for Working Metal - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/) - [Sub-chapter 8462: Metal forging & die-stamping machines](https://busy.in/hsn/sub-chapter-8462/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84629000 ? It includes Thread Rolling Machines ### Does packaging or labelling change the GST for Machine Tools for Working Metal? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Machine Tools for Working Metal? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Machine Tools for Working Metal is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machine Tools for Working Metal; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Machine Tools for Working Metal? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Machine Tools for Working Metal? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ## India's trade performance: HSN Code 84629000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹181 Cr (+60.11% YoY) — 0.0049% of India's total exports - Imports: ₹1,245 Cr (+54.04% YoY) — 0.0205% of India's total imports - Trade balance: −₹1,064 Cr (Deficit); surplus rank #12229 of 12657 HSN codes - Share of Sub-Chapter 8462: 40.14% of its exports; import side 16.51% - Rank within Sub-Chapter 8462: #1 of 56 by export value; import-side #1 ### Key metrics - National export rank: #1942 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +60.11% in FY 2024-25 - Contribution to Sub-Ch. 8462: 40.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84629000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8462 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8462 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | 120.23 | 0.0033% | — | 26.50% | 733.80 | 0.0128% | — | 21.05% | −613.57 | #2300 | | FY 2023-24 | 112.97 | 0.0031% | −6.04% | 31.03% | 808.32 | 0.0144% | +10.16% | 17.55% | −695.35 | #2419 | | FY 2024-25 | 180.88 | 0.0049% | +60.11% | 40.14% | 1,245.13 | 0.0205% | +54.04% | 16.51% | −1,064.25 | #1942 | ## Key trade insights: HSN Code 84629000 export-import analysis ### Export snapshot for HSN Code 84629000 India exported ₹180.88 Crore worth of Machine Tools for Working Metal in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 84629000 ranked #1942 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84629000 ranks #1942 out of 12657 HSN codes by total export value. Within Sub-Chapter 8462, it ranks #1 of 56. By trade surplus, it ranks #12229 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84629000 exports The strongest single-year export movement for HSN Code 84629000 was recorded in FY 2024-25, when exports surged by 60.11% over the prior year. ### India records a trade deficit of ₹1,064.25 Crore in HSN Code 84629000 goods In FY 2024-25, India's imports of ₹1,245.13 Cr exceeded exports of ₹180.88 Cr, resulting in a trade deficit of ₹1,064.25 Crore — ranking #12229 of 12657 by surplus magnitude. ### HSN Code 84629000 contributes 40.14% of Sub-Chapter 8462 exports — ranked #1 Among the 56 HSN codes under Sub-Chapter 8462, HSN Code 84629000 ranks #1 by export value — accounting for 40.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.51% share (rank #1). ## Related HSN Codes in Sub-Chapter 8462 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 84629000: Machine Tools for Working Metal (this hsn code) | ₹181 Cr | | #2 | [HSN Code 84622900: Other Bending Machines](https://busy.in/hsn/hsn-84622900/) | ₹77 Cr | | #3 | [HSN Code 84626100: Cold metal working presses: Hydraulic](https://busy.in/hsn/hsn-84626100/) | ₹34 Cr | | #4 | [HSN Code 84626200: Cold metal working presses: Mechanical](https://busy.in/hsn/hsn-84626200/) | ₹28 Cr | | #5 | [HSN Code 84623900: Numerically Controlled Shearing Machines](https://busy.in/hsn/hsn-84623900/) | ₹24 Cr | | #6 | [HSN Code 84624900: Other Punching/Notching/Nibbling Machines](https://busy.in/hsn/hsn-84624900/) | ₹21 Cr | | #7 | [HSN Code 84621900: Other Hot Forming Forging/Die Forging Machines & Hammers](https://busy.in/hsn/hsn-84621900/) | ₹20 Cr | | #8 | [HSN Code 84625900: Other Tube/Pipe/Hollow Section/Bar Working Machines (Non-Presses)](https://busy.in/hsn/hsn-84625900/) | ₹13 Cr | | #9 | [HSN Code 84626900: Cold metal working presses: Other](https://busy.in/hsn/hsn-84626900/) | ₹10 Cr | | #10 | [HSN Code 84622600: Other Bending Machines (Numerically Controlled)](https://busy.in/hsn/hsn-84622600/) | ₹10 Cr |