HSN Code 84631030: Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing

HSN Code 84631030 represents Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing under GST classification. This code helps businesses identify Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing correctly for billing, taxation, and trade. With HSN Code 84631030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing.

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Description of Goods for HSN Code 84631030

HSN Code 84631030 relates to the following description.

Description of Goods

Draw-benches for bars, tubes, profiles, wire or the like : Tube drawing machine

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%

What does HSN Code 84631030 not include?

Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing does not include products with the following descriptions.

HSN Code 84631010

Draw-benches for bars, tubes, profiles, wire or the like : Wire and metal ribbon drawing machines

HSN Code 84631020

Draw-benches for bars, tubes, profiles, wire or the like : Other wire making machines

India’s Trade Performance — HSN Code 84631030 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹2 Cr

+1,200.00% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹17 Cr

+107.35% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9319 of 12657 HSN codes

% of Sub-Chapter 8463

FY 2024-25

1.63%

Share of Sub-Chapter 8463’s total exports in FY 2024-25

Import side: 1.27% of Sub-Chapter 8463’s imports

Rank Within Sub-Chapter 8463

FY 2024-25

#8 of 13

Position by export value among HSN codes in Sub-Chapter 8463

Import-side rank: #11 of 13

At a glance

13.58%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7459

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+1,200.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.63%

Contribution to Sub-Ch. 8463

Share of Sub-Chapter 8463 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84631030

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #7547

Balance

−6.91

Exports

1.09 ₹ Cr

0.0000% share

— YoY

1.45% of Sub-Ch. 8463

Imports

8.00 ₹ Cr

0.0002% share

— YoY

1.26% of Sub-Ch. 8463

FY 2019-20 Exp. Rank #7999

Balance

−1.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−41.28% YoY

0.81% of Sub-Ch. 8463

Imports

2.16 ₹ Cr

0.0001% share

−73.00% YoY

0.37% of Sub-Ch. 8463

FY 2020-21 Exp. Rank #8780

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−64.06% YoY

0.28% of Sub-Ch. 8463

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−75.46% YoY

0.14% of Sub-Ch. 8463

FY 2021-22 Exp. Rank #9031

Balance

+0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+13.04% YoY

0.21% of Sub-Ch. 8463

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8463

FY 2022-23 Exp. Rank #9259

Balance

−1.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−19.23% YoY

0.13% of Sub-Ch. 8463

Imports

2.15 ₹ Cr

0.0000% share

— YoY

0.28% of Sub-Ch. 8463

FY 2023-24 Exp. Rank #9498

Balance

−7.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−14.29% YoY

0.11% of Sub-Ch. 8463

Imports

8.03 ₹ Cr

0.0001% share

+273.49% YoY

0.93% of Sub-Ch. 8463

FY 2024-25 Exp. Rank #7459

Balance

−14.31

Exports

2.34 ₹ Cr

0.0001% share

+1,200.00% YoY

1.63% of Sub-Ch. 8463

Imports

16.65 ₹ Cr

0.0003% share

+107.35% YoY

1.27% of Sub-Ch. 8463

CAGR · 7-Year

Exports

13.58% /yr

Imports

12.99% /yr

Consistently Deficit
Sub-Chapter 8463 total

reference, FY 2024-25

Export

₹143.62 Cr

Import

₹1,314.96 Cr

Trade Balance

−1,171.34

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84631030 Export-Import Analysis

Consistent Export Growth: 13.58% CAGR Over 7 Years

India's exports under HSN Code 84631030 have grown at a compound annual rate of 13.58% over 7 fiscal years, rising from ₹1.09 Crore in FY 2018-19 to ₹2.34 Crore in FY 2024-25.

HSN Code 84631030 Ranked #7459 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84631030 ranks #7459 out of 12657 HSN codes by total export value. Within Sub-Chapter 8463, it ranks #8 of 13. By trade surplus, it ranks #9319 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84631030 Exports

The strongest single-year export movement for HSN Code 84631030 was recorded in FY 2024-25, when exports surged by 1,200.00% over the prior year.

India Records a Trade Deficit of ₹14.31 Crore in HSN Code 84631030 Goods

In FY 2024-25, India's imports of ₹16.65 Cr exceeded exports of ₹2.34 Cr, resulting in a trade deficit of ₹14.31 Crore — ranking #9319 of 12657 by surplus magnitude.

Import Growth of 12.99% CAGR Signals Rising Demand for Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing

India's imports under HSN Code 84631030 have grown at 12.99% CAGR, reaching ₹16.65 Crore in FY 2024-25.

HSN Code 84631030 Contributes 1.63% of Sub-Chapter 8463 Exports — Ranked #8

Among the 13 HSN codes under Sub-Chapter 8463, HSN Code 84631030 ranks #8 by export value — accounting for 1.63% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.27% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84631030 and GST compliance.

What products are classified under HSN 84631030 ?

It includes Machines for working wire : Chain making

How should mixed supplies be billed when Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing; Nil for exempt items if applicable).

How much GST applies to Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing?

Under HSN 84631030, Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing?

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.

Do e‑way bill and e‑invoice apply for Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing?

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.

Any common misclassification issue with Draw-Benches for Bars, Tubes, Profiles & Wire: Tube Drawing?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.