8447 HSN Code: Knitting & Stitch-Bonding Machines

HSN Sub Chapter 8447 represents Knitting & Stitch-Bonding Machines under GST classification. This code helps businesses identify Knitting & Stitch-Bonding Machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8447, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Knitting & Stitch-Bonding Machines.

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New GST Rate for HSN Code 8447

GST Rate for Knitting & Stitch-Bonding Machines under HSN Code 8447. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

8447

HSN Description

Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8447

Following tariff HSN codes fall under Knitting & Stitch-Bonding Machines.

Tariff HSN

84471111

Description

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Hand knitting machines

Tariff HSN

84471119

Description

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Other

Tariff HSN

84471120

Description

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Cotton hosiery machines

Tariff HSN

84471190

Description

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Other

Tariff HSN

84471211

Description

Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Hand knitting machines

Tariff HSN

84471219

Description

Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Other

Tariff HSN

84471220

Description

Circular knitting machines : With cylinder diameter exceeding 165 mm : Cotton hosiery machines

Tariff HSN

84471290

Description

Circular knitting machines : With cylinder diameter exceeding 165 mm : Other

Tariff HSN

84472010

Description

Flat kniting machines; stitch-bonding machines : Hand knitting machines for wool

Tariff HSN

84472020

Description

Flat kniting machines; stitch-bonding machines : Other knitting machines for wool

Tariff HSN

84472030

Description

Flat kniting machines; stitch-bonding machines : Cotton hosiery machines

Tariff HSN

84472090

Description

Flat kniting machines; stitch-bonding machines : Other

Tariff HSN

84479010

Description

Other : Machines for making of tulle and lace

Tariff HSN

84479020

Description

Other : Machines for making embroidery

Tariff HSN

84479030

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 8447 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

₹24 Cr

−13.84% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹4,821 Cr

+32.03% vs FY 2023-24

0.0791% of India’s total imports

Trade Balance

FY 2024-25

−₹4,797 Cr

Trade Deficit

Surplus rank #1111 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.01%

Share of Chapter 84’s total exports in FY 2024-25

Import side: 0.89% of Chapter 84’s imports

Rank Within Chapter 84

FY 2024-25

#82 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #30 of 86

At a glance

5.96%

Export CAGR

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

#984

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+126.75%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.01%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8447

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 #966

Balance

−1,813.59

Exports

17.07 ₹ Cr

0.0007% share

— YoY

0.01% of Ch. 84

Imports

1,830.66 ₹ Cr

0.0510% share

— YoY

0.60% of Ch. 84

FY 2019-20 Exp. Rank #899

Balance

−2,027.66

Exports

31.97 ₹ Cr

0.0014% share

+87.29% YoY

0.02% of Ch. 84

Imports

2,059.63 ₹ Cr

0.0614% share

+12.51% YoY

0.67% of Ch. 84

FY 2020-21 Exp. Rank #893

Balance

−1,361.02

Exports

31.85 ₹ Cr

0.0015% share

−0.38% YoY

0.02% of Ch. 84

Imports

1,392.87 ₹ Cr

0.0478% share

−32.37% YoY

0.51% of Ch. 84

FY 2021-22 Exp. Rank #827

Balance

−2,565.89

Exports

72.22 ₹ Cr

0.0023% share

+126.75% YoY

0.04% of Ch. 84

Imports

2,638.11 ₹ Cr

0.0577% share

+89.40% YoY

0.70% of Ch. 84

FY 2022-23 Exp. Rank #956

Balance

−3,292.74

Exports

26.33 ₹ Cr

0.0007% share

−63.54% YoY

0.01% of Ch. 84

Imports

3,319.07 ₹ Cr

0.0577% share

+25.81% YoY

0.76% of Ch. 84

FY 2023-24 Exp. Rank #968

Balance

−3,623.10

Exports

28.04 ₹ Cr

0.0008% share

+6.49% YoY

0.01% of Ch. 84

Imports

3,651.14 ₹ Cr

0.0650% share

+10.00% YoY

0.77% of Ch. 84

FY 2024-25 Exp. Rank #984

Balance

−4,796.51

Exports

24.16 ₹ Cr

0.0007% share

−13.84% YoY

0.01% of Ch. 84

Imports

4,820.67 ₹ Cr

0.0791% share

+32.03% YoY

0.89% of Ch. 84

CAGR · 7-Year

Exports

5.96% /yr

Imports

17.51% /yr

Consistently Deficit
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

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

Key Trade Insights: HSN Sub-Chapter 8447 Export-Import Analysis

Consistent Export Growth: 5.96% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8447 have grown at a compound annual rate of 5.96% over 7 fiscal years, rising from ₹17.07 Crore in FY 2018-19 to ₹24.16 Crore in FY 2024-25.

HSN Sub-Chapter 8447 Ranked #984 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8447 ranks #984 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #82 of 86. By trade surplus, it ranks #1111 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8447 Exports

The strongest single-year export movement for HSN Sub-Chapter 8447 was recorded in FY 2021-22, when exports surged by 126.75% over the prior year.

India Records a Trade Deficit of ₹4,796.51 Crore in HSN Sub-Chapter 8447 Goods

In FY 2024-25, India's imports of ₹4,820.67 Cr exceeded exports of ₹24.16 Cr, resulting in a trade deficit of ₹4,796.51 Crore — ranking #1111 of 1233 by surplus magnitude.

Import Growth of 17.51% CAGR Signals Rising Demand for Knitting & Stitch-Bonding Machines

India's imports under HSN Sub-Chapter 8447 have grown at 17.51% CAGR, reaching ₹4,820.67 Crore in FY 2024-25.

HSN Sub-Chapter 8447 Contributes 0.01% of Chapter 84 Exports — Ranked #82

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8447 ranks #82 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.89% share (rank #30).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8447 and GST compliance.

What products are classified under HSN 8447

It includes Knitting & Stitch-Bonding Machines

What are the e‑way bill and e‑invoice points while moving Knitting & Stitch-Bonding Machines?

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.

How should I document Knitting & Stitch-Bonding Machines sent for job work?

Use a delivery challan for sending Knitting & Stitch-Bonding Machines 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.

Is the composition scheme suitable if I mainly trade Knitting & Stitch-Bonding Machines?

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.

Does packaging or branding change how GST applies to Knitting & Stitch-Bonding Machines?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Knitting & Stitch-Bonding 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.

What misclassification mistakes happen with Knitting & Stitch-Bonding Machines?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

If I repair and return Knitting & Stitch-Bonding Machines, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

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.

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