---
title: "HSN Code for Parts for Knitting Machines | HSN 84768110 GST Rate"
description: "Find HSN and GST Rates for 84768110 related to Parts for Knitting Machines with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84768110/"
---

# HSN Code 84768110: Parts for Knitting Machines

- [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 8476: Vending Machines](https://busy.in/hsn/sub-chapter-8476/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other machines : Incorporating heating or refrigerating devices : Incorporating refrigerating devices | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84768110 ?

It includes Parts| Machines Of Sub-Heading 8476

### Do e‑way bill and e‑invoice apply for Parts for Knitting Machines?

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 Parts for Knitting Machines?

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

### How much GST applies to Parts for Knitting Machines?

Under HSN 84768110, Parts for Knitting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Parts for Knitting Machines is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parts for Knitting Machines; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Parts for Knitting Machines?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

## India's trade performance: HSN Code 84768110 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−6.67% YoY) — 0.0000% of India's total exports
- Imports: ₹1 Cr (−36.50% YoY) — 0.0000% of India's total imports
- Trade balance: −< ₹1 Crore (Deficit); surplus rank #7908 of 12657 HSN codes
- Share of Sub-Chapter 8476: 0.23% of its exports; import side 1.63%
- Rank within Sub-Chapter 8476: #7 of 11 by export value; import-side #6

### Key metrics

- Export CAGR: 55.25% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9239 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +233.33% in FY 2023-24
- Contribution to Sub-Ch. 8476: 0.23% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84768110

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. 8476 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8476 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.03% | Nil | 0.0000% | — | 0.00% | +0.02 | #9774 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +50.00% | 0.04% | Nil | 0.0000% | — | 0.00% | +0.03 | #9613 |
| FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.55% | −0.25 | — |
| FY 2021-22 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −40.00% | 0.29% | −0.15 | — |
| FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.07% | < ₹1 Crore | 0.0000% | +313.33% | 0.96% | −0.53 | #9689 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +233.33% | 0.24% | 2.00 | 0.0000% | +222.58% | 2.43% | −1.70 | #9181 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −6.67% | 0.23% | 1.27 | 0.0000% | −36.50% | 1.63% | −0.99 | #9239 |

- CAGR (7-year): exports 55.25%/yr, imports —/yr (consistently Deficit)

## Key trade insights: HSN Code 84768110 export-import analysis

### Consistent export growth: 55.25% CAGR over 7 years

India's exports under HSN Code 84768110 have grown at a compound annual rate of 55.25% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.28 Crore in FY 2024-25.

### HSN Code 84768110 ranked #9239 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84768110 ranks #9239 out of 12657 HSN codes by total export value. Within Sub-Chapter 8476, it ranks #7 of 11. By trade surplus, it ranks #7908 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 84768110 exports

The strongest single-year export movement for HSN Code 84768110 was recorded in FY 2023-24, when exports surged by 233.33% over the prior year.

### India records a trade deficit of ₹0.99 Crore in HSN Code 84768110 goods

In FY 2024-25, India's imports of ₹1.27 Cr exceeded exports of ₹0.28 Cr, resulting in a trade deficit of ₹0.99 Crore — ranking #7908 of 12657 by surplus magnitude.

### HSN Code 84768110 contributes 0.23% of Sub-Chapter 8476 exports — ranked #7

Among the 11 HSN codes under Sub-Chapter 8476, HSN Code 84768110 ranks #7 by export value — accounting for 0.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.63% share (rank #6).

## Related HSN Codes in Sub-Chapter 8476

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 84768990: Other Machines \| Other](https://busy.in/hsn/hsn-84768990/) | ₹48 Cr |
| #2 | [HSN Code 84762120: Beverage Vending Machines (Heating)](https://busy.in/hsn/hsn-84762120/) | ₹36 Cr |
| #3 | [HSN Code 84769090: Other Parts of Textile Machinery](https://busy.in/hsn/hsn-84769090/) | ₹16 Cr |
| #4 | [HSN Code 84762110: Beverage Vending Machines (Refrigerating)](https://busy.in/hsn/hsn-84762110/) | ₹15 Cr |
| #5 | [HSN Code 84762900: Beverage Vending Machines (Other)](https://busy.in/hsn/hsn-84762900/) | ₹6 Cr |
| #6 | [HSN Code 84769010: Parts\| Machines Of Sub-Heading 8476](https://busy.in/hsn/hsn-84769010/) | ₹2 Cr |
| #7 | HSN Code 84768110: Parts for Knitting Machines (this hsn code) | < ₹1 Crore |
| #8 | [HSN Code 84768120: Machines with Heating Devices](https://busy.in/hsn/hsn-84768120/) | < ₹1 Crore |
| — | [HSN Code 84768910: Other machines : Other : Money changing machines](https://busy.in/hsn/hsn-84768910/) | Nil |
| — | [HSN Code 84768920: Postage stamps vending machines](https://busy.in/hsn/hsn-84768920/) | Nil |