Consistent Export Growth: 1.54% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8453 have grown at a compound annual rate of 1.54% over 7 fiscal years, rising from ₹13.75 Crore in FY 2018-19 to ₹15.07 Crore in FY 2024-25.
HSN Sub Chapter 8453 represents Machinery for working leather & hides under GST classification. This code helps businesses identify Machinery for working leather & hides correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8453, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Machinery for working leather & hides.
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GST Rate for Machinery for working leather & hides under HSN Code 8453. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Machinery for working leather & hides.
Tariff HSN
Description
Machinery for preparing, tanning or working hides, skins or leather
Tariff HSN
Description
Machinery for making or repairing footwear
Tariff HSN
Description
Other machinery
Tariff HSN
Description
Parts : Of boot and shoe manufacturing machinery
Tariff HSN
Description
Parts : Other
India’s Exports
FY 2024-25₹15 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25₹770 Cr
0.0126% of India’s total imports
Trade Balance
FY 2024-25−₹755 Cr
Surplus rank #923 of 1233 subchapters
% of Chapter 84
FY 2024-250.01%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.14% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#84 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #65 of 86
At a glance
1.54%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1024
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+103.67%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.01%
Contribution to Ch. 84
Share of Chapter 84 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
−524.80
Exports
13.75 ₹ Cr
0.0006% share
— YoY
0.01% of Ch. 84
Imports
538.55 ₹ Cr
0.0150% share
— YoY
0.18% of Ch. 84
Balance
−516.89
Exports
9.80 ₹ Cr
0.0004% share
−28.73% YoY
0.01% of Ch. 84
Imports
526.69 ₹ Cr
0.0157% share
−2.20% YoY
0.17% of Ch. 84
Balance
−406.14
Exports
19.96 ₹ Cr
0.0009% share
+103.67% YoY
0.01% of Ch. 84
Imports
426.10 ₹ Cr
0.0146% share
−19.10% YoY
0.16% of Ch. 84
Balance
−644.26
Exports
16.19 ₹ Cr
0.0005% share
−18.89% YoY
0.01% of Ch. 84
Imports
660.45 ₹ Cr
0.0144% share
+55.00% YoY
0.18% of Ch. 84
Balance
−747.15
Exports
14.55 ₹ Cr
0.0004% share
−10.13% YoY
0.01% of Ch. 84
Imports
761.70 ₹ Cr
0.0132% share
+15.33% YoY
0.17% of Ch. 84
Balance
−605.14
Exports
13.66 ₹ Cr
0.0004% share
−6.12% YoY
0.01% of Ch. 84
Imports
618.80 ₹ Cr
0.0110% share
−18.76% YoY
0.13% of Ch. 84
Balance
−754.68
Exports
15.07 ₹ Cr
0.0004% share
+10.32% YoY
0.01% of Ch. 84
Imports
769.75 ₹ Cr
0.0126% share
+24.39% YoY
0.14% of Ch. 84
CAGR · 7-Year
Exports
1.54% /yr
Imports
6.13% /yr
reference, FY 2024-25
Export
₹2,83,259.46 Cr
Import
₹5,43,949.32 Cr
Trade Balance
−2,60,689.86
India's exports under HSN Sub-Chapter 8453 have grown at a compound annual rate of 1.54% over 7 fiscal years, rising from ₹13.75 Crore in FY 2018-19 to ₹15.07 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8453 ranks #1024 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #84 of 86. By trade surplus, it ranks #923 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8453 was recorded in FY 2020-21, when exports surged by 103.67% over the prior year.
In FY 2024-25, India's imports of ₹769.75 Cr exceeded exports of ₹15.07 Cr, resulting in a trade deficit of ₹754.68 Crore — ranking #923 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8453 have grown at 6.13% CAGR, reaching ₹769.75 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8453 ranks #84 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #65).
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 8453 and GST compliance.
It includes Machinery for working leather & hides
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
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.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.