Consistent Export Growth: 4.92% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8203 have grown at a compound annual rate of 4.92% over 7 fiscal years, rising from ₹427.31 Crore in FY 2018-19 to ₹569.90 Crore in FY 2024-25.
HSN Sub Chapter 8203 represents Metal cutting tools under GST classification. This code helps businesses identify Metal cutting tools correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8203, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metal cutting tools.
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GST Rate for Metal cutting tools under HSN Code 8203. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Metal cutting tools.
Tariff HSN
Description
Files, rasps and similar tools
Tariff HSN
Description
Pliers (including cutting pliers), pincers, tweezers and similar tools
Tariff HSN
Description
Metal cutting shears and similar tools
Tariff HSN
Description
Pipe-cutters, bolt croppers, perforating punches and similar tools : Perforating punches and pipe cutters
Tariff HSN
Description
Pipe-cutters, bolt croppers, perforating punches and similar tools : Other
India’s Exports
FY 2024-25₹570 Cr
0.0154% of India’s total exports
India’s Imports
FY 2024-25₹193 Cr
0.0032% of India’s total imports
Trade Balance
FY 2024-25₹377 Cr
Surplus rank #279 of 1233 subchapters
% of Chapter 82
FY 2024-255.70%
Share of Chapter 82’s total exports in FY 2024-25
Import side: 1.53% of Chapter 82’s imports
Rank Within Chapter 82
FY 2024-25#7 of 15
Position by export value among subchapters in Chapter 82
Import-side rank: #8 of 15
At a glance
4.92%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#508
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+43.83%
Peak Growth Year
FY 2021-22 · strongest single-year move
5.70%
Contribution to Ch. 82
Share of Chapter 82 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
+293.31
Exports
427.31 ₹ Cr
0.0186% share
— YoY
6.84% of Ch. 82
Imports
134.00 ₹ Cr
0.0037% share
— YoY
1.61% of Ch. 82
Balance
+289.19
Exports
404.88 ₹ Cr
0.0183% share
−5.25% YoY
6.56% of Ch. 82
Imports
115.69 ₹ Cr
0.0034% share
−13.66% YoY
1.44% of Ch. 82
Balance
+311.85
Exports
423.62 ₹ Cr
0.0197% share
+4.63% YoY
6.87% of Ch. 82
Imports
111.77 ₹ Cr
0.0038% share
−3.39% YoY
1.46% of Ch. 82
Balance
+441.61
Exports
609.31 ₹ Cr
0.0194% share
+43.83% YoY
7.12% of Ch. 82
Imports
167.70 ₹ Cr
0.0037% share
+50.04% YoY
1.76% of Ch. 82
Balance
+432.11
Exports
587.69 ₹ Cr
0.0162% share
−3.55% YoY
6.67% of Ch. 82
Imports
155.58 ₹ Cr
0.0027% share
−7.23% YoY
1.41% of Ch. 82
Balance
+370.79
Exports
530.36 ₹ Cr
0.0147% share
−9.76% YoY
6.07% of Ch. 82
Imports
159.57 ₹ Cr
0.0028% share
+2.56% YoY
1.42% of Ch. 82
Balance
+377.26
Exports
569.90 ₹ Cr
0.0154% share
+7.46% YoY
5.70% of Ch. 82
Imports
192.64 ₹ Cr
0.0032% share
+20.72% YoY
1.53% of Ch. 82
CAGR · 7-Year
Exports
4.92% /yr
Imports
6.24% /yr
reference, FY 2024-25
Export
₹9,994.33 Cr
Import
₹12,601.70 Cr
Trade Balance
−2,607.37
India's exports under HSN Sub-Chapter 8203 have grown at a compound annual rate of 4.92% over 7 fiscal years, rising from ₹427.31 Crore in FY 2018-19 to ₹569.90 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8203 ranks #508 out of 1233 subchapters by total export value. Within Chapter 82, it ranks #7 of 15. By trade surplus, it ranks #279 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8203 was recorded in FY 2021-22, when exports surged by 43.83% over the prior year.
In FY 2024-25, India's exports of ₹569.90 Cr exceeded imports of ₹192.64 Cr, resulting in a trade surplus of ₹377.26 Crore — ranking #279 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8203 have grown at 6.24% CAGR, reaching ₹192.64 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 82, HSN Sub-Chapter 8203 ranks #7 by export value — accounting for 5.70% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.53% share (rank #8).
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 8203 and GST compliance.
It includes Metal cutting tools
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Use a delivery challan for sending Metal cutting tools to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.