HSN Code 84631020 represents Wire making machines under GST classification. This code helps businesses identify Wire making machines correctly for billing, taxation, and trade. With HSN Code 84631020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wire making machines.
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HSN Code 84631020 relates to the following description.
Description of Goods
Draw-benches for bars, tubes, profiles, wire or the like : Other wire making machines
Chapter
84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Sub Chapter
8463 - Other machine-tools for working metal, or cermets, without removing material
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Wire making machines does not include products with the following descriptions.
Draw-benches for bars, tubes, profiles, wire or the like : Wire and metal ribbon drawing machines
Draw-benches for bars, tubes, profiles, wire or the like : Tube drawing machine
Draw-benches for bars, tubes, profiles, wire or the like : Other
Thread rolling machines
Machines for working wire : Wire grill or Knitting machine
Machines for working wire : Spring coiling
Machines for working wire : Chain making
Machines for working wire : Nail-making machine
Other : Riveting machines (excluding portable hand operated machine)
Other : Strip profiling
Other : Seaming machine for example for cans
Other : Other
Draw-benches for bars, tubes, profiles, wire or the like : Wire and metal ribbon drawing machines
Draw-benches for bars, tubes, profiles, wire or the like : Tube drawing machine
Draw-benches for bars, tubes, profiles, wire or the like : Other
Thread rolling machines
Machines for working wire : Wire grill or Knitting machine
Machines for working wire : Spring coiling
Machines for working wire : Chain making
Machines for working wire : Nail-making machine
Other : Riveting machines (excluding portable hand operated machine)
Other : Strip profiling
Other : Seaming machine for example for cans
Other : Other
India’s Exports
FY 2024-25₹8 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹90 Cr
0.0015% of India’s total imports
Trade Balance
FY 2024-25−₹83 Cr
Surplus rank #10646 of 12657 HSN codes
% of Sub-Chapter 8463
FY 2024-255.30%
Share of Sub-Chapter 8463’s total exports in FY 2024-25
Import side: 6.87% of Sub-Chapter 8463’s imports
Rank Within Sub-Chapter 8463
FY 2024-25#4 of 13
Position by export value among HSN codes in Sub-Chapter 8463
Import-side rank: #5 of 13
At a glance
11.45%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6115
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+120.35%
Peak Growth Year
FY 2022-23 · strongest single-year move
5.30%
Contribution to Sub-Ch. 8463
Share of Sub-Chapter 8463 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−29.70
Exports
3.97 ₹ Cr
0.0002% share
— YoY
5.29% of Sub-Ch. 8463
Imports
33.67 ₹ Cr
0.0009% share
— YoY
5.29% of Sub-Ch. 8463
Balance
−37.27
Exports
3.09 ₹ Cr
0.0001% share
−22.17% YoY
3.91% of Sub-Ch. 8463
Imports
40.36 ₹ Cr
0.0012% share
+19.87% YoY
6.83% of Sub-Ch. 8463
Balance
−14.59
Exports
1.99 ₹ Cr
0.0001% share
−35.60% YoY
2.42% of Sub-Ch. 8463
Imports
16.58 ₹ Cr
0.0006% share
−58.92% YoY
4.36% of Sub-Ch. 8463
Balance
−36.72
Exports
4.03 ₹ Cr
0.0001% share
+102.51% YoY
3.25% of Sub-Ch. 8463
Imports
40.75 ₹ Cr
0.0009% share
+145.78% YoY
7.43% of Sub-Ch. 8463
Balance
−27.11
Exports
8.88 ₹ Cr
0.0002% share
+120.35% YoY
5.31% of Sub-Ch. 8463
Imports
35.99 ₹ Cr
0.0006% share
−11.68% YoY
4.76% of Sub-Ch. 8463
Balance
−66.23
Exports
3.82 ₹ Cr
0.0001% share
−56.98% YoY
2.25% of Sub-Ch. 8463
Imports
70.05 ₹ Cr
0.0012% share
+94.64% YoY
8.11% of Sub-Ch. 8463
Balance
−82.74
Exports
7.61 ₹ Cr
0.0002% share
+99.21% YoY
5.30% of Sub-Ch. 8463
Imports
90.35 ₹ Cr
0.0015% share
+28.98% YoY
6.87% of Sub-Ch. 8463
CAGR · 7-Year
Exports
11.45% /yr
Imports
17.88% /yr
reference, FY 2024-25
Export
₹143.62 Cr
Import
₹1,314.96 Cr
Trade Balance
−1,171.34
India's exports under HSN Code 84631020 have grown at a compound annual rate of 11.45% over 7 fiscal years, rising from ₹3.97 Crore in FY 2018-19 to ₹7.61 Crore in FY 2024-25.
In FY 2024-25, HSN Code 84631020 ranks #6115 out of 12657 HSN codes by total export value. Within Sub-Chapter 8463, it ranks #4 of 13. By trade surplus, it ranks #10646 of 12657.
The strongest single-year export movement for HSN Code 84631020 was recorded in FY 2022-23, when exports surged by 120.35% over the prior year.
In FY 2024-25, India's imports of ₹90.35 Cr exceeded exports of ₹7.61 Cr, resulting in a trade deficit of ₹82.74 Crore — ranking #10646 of 12657 by surplus magnitude.
India's imports under HSN Code 84631020 have grown at 17.88% CAGR, reaching ₹90.35 Crore in FY 2024-25.
Among the 13 HSN codes under Sub-Chapter 8463, HSN Code 84631020 ranks #4 by export value — accounting for 5.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.87% share (rank #5).
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Clear answers to common queries about HSN Code 84631020 and GST compliance.
It includes Wire Machines| Spring Coiling
Under HSN 84631020, Wire making machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wire making machines; Nil for exempt items if applicable).