Consistent Export Growth: 6.76% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8455 have grown at a compound annual rate of 6.76% over 7 fiscal years, rising from ₹1,085.95 Crore in FY 2018-19 to ₹1,607.97 Crore in FY 2024-25.
HSN Sub Chapter 8455 represents Metal-Rolling Mills under GST classification. This code helps businesses identify Metal-Rolling Mills correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8455, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metal-Rolling Mills.
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GST Rate for Metal-Rolling Mills under HSN Code 8455. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Metal-Rolling Mills.
Tariff HSN
Description
Tube mills
Tariff HSN
Description
Other rolling mills : Hot or combination hot and cold : Hot
Tariff HSN
Description
Other rolling mills : Hot or combination hot and cold : Combination hot and cold
Tariff HSN
Description
Other rolling mills : Cold
Tariff HSN
Description
Rolls for rolling mills
Tariff HSN
Description
Other parts
India’s Exports
FY 2024-25₹1,608 Cr
0.0434% of India’s total exports
India’s Imports
FY 2024-25₹9,842 Cr
0.1614% of India’s total imports
Trade Balance
FY 2024-25−₹8,234 Cr
Surplus rank #1141 of 1233 subchapters
% of Chapter 84
FY 2024-250.57%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 1.81% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#35 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #16 of 86
At a glance
6.76%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#307
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+52.25%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.57%
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
−2,665.05
Exports
1,085.95 ₹ Cr
0.0473% share
— YoY
0.74% of Ch. 84
Imports
3,751.00 ₹ Cr
0.1045% share
— YoY
1.22% of Ch. 84
Balance
−2,040.39
Exports
1,132.08 ₹ Cr
0.0513% share
+4.25% YoY
0.77% of Ch. 84
Imports
3,172.47 ₹ Cr
0.0946% share
−15.42% YoY
1.03% of Ch. 84
Balance
−2,392.02
Exports
895.21 ₹ Cr
0.0416% share
−20.92% YoY
0.64% of Ch. 84
Imports
3,287.23 ₹ Cr
0.1128% share
+3.62% YoY
1.20% of Ch. 84
Balance
−1,391.25
Exports
1,362.97 ₹ Cr
0.0434% share
+52.25% YoY
0.72% of Ch. 84
Imports
2,754.22 ₹ Cr
0.0603% share
−16.21% YoY
0.73% of Ch. 84
Balance
−3,100.05
Exports
1,673.08 ₹ Cr
0.0462% share
+22.75% YoY
0.76% of Ch. 84
Imports
4,773.13 ₹ Cr
0.0830% share
+73.30% YoY
1.09% of Ch. 84
Balance
−6,114.16
Exports
1,643.56 ₹ Cr
0.0454% share
−1.76% YoY
0.66% of Ch. 84
Imports
7,757.72 ₹ Cr
0.1381% share
+62.53% YoY
1.63% of Ch. 84
Balance
−8,234.18
Exports
1,607.97 ₹ Cr
0.0434% share
−2.17% YoY
0.57% of Ch. 84
Imports
9,842.15 ₹ Cr
0.1614% share
+26.87% YoY
1.81% of Ch. 84
CAGR · 7-Year
Exports
6.76% /yr
Imports
17.44% /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 8455 have grown at a compound annual rate of 6.76% over 7 fiscal years, rising from ₹1,085.95 Crore in FY 2018-19 to ₹1,607.97 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8455 ranks #307 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #35 of 86. By trade surplus, it ranks #1141 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8455 was recorded in FY 2021-22, when exports surged by 52.25% over the prior year.
In FY 2024-25, India's imports of ₹9,842.15 Cr exceeded exports of ₹1,607.97 Cr, resulting in a trade deficit of ₹8,234.18 Crore — ranking #1141 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8455 have grown at 17.44% CAGR, reaching ₹9,842.15 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8455 ranks #35 by export value — accounting for 0.57% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.81% share (rank #16).
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 8455 and GST compliance.
It includes Metal-Rolling Mills
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.
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.
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Metal-Rolling Mills are forward charge. Check the current notifications for any special cases before deciding.