Consistent Export Growth: 2.38% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5006 have grown at a compound annual rate of 2.38% over 7 fiscal years, rising from ₹6.14 Crore in FY 2018-19 to ₹7.07 Crore in FY 2024-25.
HSN Sub Chapter 5006 represents Metal working machines under GST classification. This code helps businesses identify Metal working machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5006, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metal working machines.
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GST Rate for Metal working machines under HSN Code 5006. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Metal working machines.
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Silk embroidery thread
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Other
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk :
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk : Other
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Spun from silk waste other than noil silk
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Yarn spun from noil silk
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Silk embroidery thread
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Other
Tariff HSN
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Other
India’s Exports
FY 2024-25₹7 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹10 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹3 Cr
Surplus rank #548 of 1233 subchapters
% of Chapter 50
FY 2024-250.51%
Share of Chapter 50’s total exports in FY 2024-25
Import side: 0.65% of Chapter 50’s imports
Rank Within Chapter 50
FY 2024-25#6 of 7
Position by export value among subchapters in Chapter 50
Import-side rank: #6 of 7
At a glance
2.38%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1068
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+53.65%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.51%
Contribution to Ch. 50
Share of Chapter 50 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
−1.41
Exports
6.14 ₹ Cr
0.0003% share
— YoY
1.04% of Ch. 50
Imports
7.55 ₹ Cr
0.0002% share
— YoY
0.53% of Ch. 50
Balance
−4.94
Exports
4.16 ₹ Cr
0.0002% share
−32.25% YoY
0.70% of Ch. 50
Imports
9.10 ₹ Cr
0.0003% share
+20.53% YoY
0.61% of Ch. 50
Balance
+4.55
Exports
5.57 ₹ Cr
0.0003% share
+33.89% YoY
0.95% of Ch. 50
Imports
1.02 ₹ Cr
0.0000% share
−88.79% YoY
0.14% of Ch. 50
Balance
+0.70
Exports
4.79 ₹ Cr
0.0002% share
−14.00% YoY
0.55% of Ch. 50
Imports
4.09 ₹ Cr
0.0001% share
+300.98% YoY
0.37% of Ch. 50
Balance
−3.55
Exports
7.36 ₹ Cr
0.0002% share
+53.65% YoY
0.91% of Ch. 50
Imports
10.91 ₹ Cr
0.0002% share
+166.75% YoY
0.50% of Ch. 50
Balance
−6.76
Exports
5.12 ₹ Cr
0.0001% share
−30.43% YoY
0.50% of Ch. 50
Imports
11.88 ₹ Cr
0.0002% share
+8.89% YoY
0.69% of Ch. 50
Balance
−2.68
Exports
7.07 ₹ Cr
0.0002% share
+38.09% YoY
0.51% of Ch. 50
Imports
9.75 ₹ Cr
0.0002% share
−17.93% YoY
0.65% of Ch. 50
CAGR · 7-Year
Exports
2.38% /yr
Imports
4.35% /yr
reference, FY 2024-25
Export
₹1,375.23 Cr
Import
₹1,496.12 Cr
Trade Balance
−120.89
India's exports under HSN Sub-Chapter 5006 have grown at a compound annual rate of 2.38% over 7 fiscal years, rising from ₹6.14 Crore in FY 2018-19 to ₹7.07 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5006 ranks #1068 out of 1233 subchapters by total export value. Within Chapter 50, it ranks #6 of 7. By trade surplus, it ranks #548 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5006 was recorded in FY 2022-23, when exports surged by 53.65% over the prior year.
In FY 2024-25, India's imports of ₹9.75 Cr exceeded exports of ₹7.07 Cr, resulting in a trade deficit of ₹2.68 Crore — ranking #548 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5006 have grown at 4.35% CAGR, reaching ₹9.75 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 50, HSN Sub-Chapter 5006 ranks #6 by export value — accounting for 0.51% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.65% share (rank #6).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5006 and GST compliance.
It includes Metal working machines
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Metal working machines are forward charge. Check the current notifications for any special cases before deciding.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Metal working machines is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.