HSN Code 84631090: Draw-benches: Other

HSN Code 84631090 represents Draw-benches: Other under GST classification. This code helps businesses identify Draw-benches: Other correctly for billing, taxation, and trade. With HSN Code 84631090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Draw-benches: Other.

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Description of Goods for HSN Code 84631090

HSN Code 84631090 relates to the following description.

Description of Goods

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

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 84631090 not include?

Draw-benches: Other 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

HSN Code 84631030

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

India’s Trade Performance — HSN Code 84631090 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

₹56 Cr

−30.33% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹161 Cr

+57.79% vs FY 2023-24

0.0026% of India’s total imports

Trade Balance

FY 2024-25

−₹105 Cr

Trade Deficit

Surplus rank #10832 of 12657 HSN codes

% of Sub-Chapter 8463

FY 2024-25

39.01%

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

Import side: 12.23% of Sub-Chapter 8463’s imports

Rank Within Sub-Chapter 8463

FY 2024-25

#1 of 13

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

Import-side rank: #2 of 13

At a glance

24.55%

Export CAGR

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

#3468

National Export Rank

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

+199.38%

Peak Growth Year

FY 2020-21 · strongest single-year move

39.01%

Contribution to Sub-Ch. 8463

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

India Export-Import Trade Statistics for HSN Code 84631090

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 #4476

Balance

−40.67

Exports

15.01 ₹ Cr

0.0007% share

— YoY

19.99% of Sub-Ch. 8463

Imports

55.68 ₹ Cr

0.0016% share

— YoY

8.75% of Sub-Ch. 8463

FY 2019-20 Exp. Rank #5278

Balance

−31.06

Exports

8.08 ₹ Cr

0.0004% share

−46.17% YoY

10.23% of Sub-Ch. 8463

Imports

39.14 ₹ Cr

0.0012% share

−29.71% YoY

6.63% of Sub-Ch. 8463

FY 2020-21 Exp. Rank #3945

Balance

+1.99

Exports

24.19 ₹ Cr

0.0011% share

+199.38% YoY

29.42% of Sub-Ch. 8463

Imports

22.20 ₹ Cr

0.0008% share

−43.28% YoY

5.84% of Sub-Ch. 8463

FY 2021-22 Exp. Rank #4090

Balance

−8.12

Exports

29.09 ₹ Cr

0.0009% share

+20.26% YoY

23.42% of Sub-Ch. 8463

Imports

37.21 ₹ Cr

0.0008% share

+67.61% YoY

6.79% of Sub-Ch. 8463

FY 2022-23 Exp. Rank #3414

Balance

+2.99

Exports

52.62 ₹ Cr

0.0015% share

+80.89% YoY

31.44% of Sub-Ch. 8463

Imports

49.63 ₹ Cr

0.0009% share

+33.38% YoY

6.56% of Sub-Ch. 8463

FY 2023-24 Exp. Rank #2861

Balance

−21.53

Exports

80.41 ₹ Cr

0.0022% share

+52.81% YoY

47.26% of Sub-Ch. 8463

Imports

101.94 ₹ Cr

0.0018% share

+105.40% YoY

11.81% of Sub-Ch. 8463

FY 2024-25 Exp. Rank #3468

Balance

−104.83

Exports

56.02 ₹ Cr

0.0015% share

−30.33% YoY

39.01% of Sub-Ch. 8463

Imports

160.85 ₹ Cr

0.0026% share

+57.79% YoY

12.23% of Sub-Ch. 8463

CAGR · 7-Year

Exports

24.55% /yr

Imports

19.34% /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 84631090 Export-Import Analysis

Consistent Export Growth: 24.55% CAGR Over 7 Years

India's exports under HSN Code 84631090 have grown at a compound annual rate of 24.55% over 7 fiscal years, rising from ₹15.01 Crore in FY 2018-19 to ₹56.02 Crore in FY 2024-25.

HSN Code 84631090 Ranked #3468 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84631090 ranks #3468 out of 12657 HSN codes by total export value. Within Sub-Chapter 8463, it ranks #1 of 13. By trade surplus, it ranks #10832 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 84631090 Exports

The strongest single-year export movement for HSN Code 84631090 was recorded in FY 2020-21, when exports surged by 199.38% over the prior year.

India Records a Trade Deficit of ₹104.83 Crore in HSN Code 84631090 Goods

In FY 2024-25, India's imports of ₹160.85 Cr exceeded exports of ₹56.02 Cr, resulting in a trade deficit of ₹104.83 Crore — ranking #10832 of 12657 by surplus magnitude.

Import Growth of 19.34% CAGR Signals Rising Demand for Draw-benches: Other

India's imports under HSN Code 84631090 have grown at 19.34% CAGR, reaching ₹160.85 Crore in FY 2024-25.

HSN Code 84631090 Contributes 39.01% of Sub-Chapter 8463 Exports — Ranked #1

Among the 13 HSN codes under Sub-Chapter 8463, HSN Code 84631090 ranks #1 by export value — accounting for 39.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.23% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84631090 and GST compliance.

What products are classified under HSN 84631090 ?

It includes Machines for working wire : Nail-making machine

How should mixed supplies be billed when Draw-benches: Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Draw-benches: Other; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Draw-benches: Other?

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.

Can we claim ITC on inputs used to trade Draw-benches: Other?

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 Draw-benches: Other?

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: Other?

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.