Consistent Export Growth: 20.82% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8457 have grown at a compound annual rate of 20.82% over 7 fiscal years, rising from ₹120.62 Crore in FY 2018-19 to ₹375.24 Crore in FY 2024-25.
HSN Sub Chapter 8457 represents Metalworking Machines under GST classification. This code helps businesses identify Metalworking Machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8457, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metalworking Machines.
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GST Rate for Metalworking Machines under HSN Code 8457. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Metalworking Machines.
Tariff HSN
Description
Machining centres : Horizontal
Tariff HSN
Description
Machining centres : Vertical
Tariff HSN
Description
Unit construction machines (single station) : Unit head boring
Tariff HSN
Description
Unit construction machines (single station) : Unit head drilling
Tariff HSN
Description
Unit construction machines (single station) : Other
Tariff HSN
Description
Multi-station transfer machines : Rotary type
Tariff HSN
Description
Multi-station transfer machines : In-line type
Tariff HSN
Description
Multi-station transfer machines : Other
India’s Exports
FY 2024-25₹375 Cr
0.0101% of India’s total exports
India’s Imports
FY 2024-25₹4,170 Cr
0.0684% of India’s total imports
Trade Balance
FY 2024-25−₹3,795 Cr
Surplus rank #1088 of 1233 subchapters
% of Chapter 84
FY 2024-250.13%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.77% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#59 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #34 of 86
At a glance
20.82%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#586
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+109.63%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.13%
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
−3,648.50
Exports
120.62 ₹ Cr
0.0053% share
— YoY
0.08% of Ch. 84
Imports
3,769.12 ₹ Cr
0.1050% share
— YoY
1.23% of Ch. 84
Balance
−2,707.47
Exports
88.07 ₹ Cr
0.0040% share
−26.99% YoY
0.06% of Ch. 84
Imports
2,795.54 ₹ Cr
0.0833% share
−25.83% YoY
0.91% of Ch. 84
Balance
−1,826.89
Exports
89.52 ₹ Cr
0.0042% share
+1.65% YoY
0.06% of Ch. 84
Imports
1,916.41 ₹ Cr
0.0658% share
−31.45% YoY
0.70% of Ch. 84
Balance
−2,520.97
Exports
157.72 ₹ Cr
0.0050% share
+76.18% YoY
0.08% of Ch. 84
Imports
2,678.69 ₹ Cr
0.0586% share
+39.78% YoY
0.71% of Ch. 84
Balance
−2,854.65
Exports
197.31 ₹ Cr
0.0054% share
+25.10% YoY
0.09% of Ch. 84
Imports
3,051.96 ₹ Cr
0.0531% share
+13.93% YoY
0.70% of Ch. 84
Balance
−3,459.86
Exports
413.62 ₹ Cr
0.0114% share
+109.63% YoY
0.17% of Ch. 84
Imports
3,873.48 ₹ Cr
0.0690% share
+26.92% YoY
0.81% of Ch. 84
Balance
−3,794.78
Exports
375.24 ₹ Cr
0.0101% share
−9.28% YoY
0.13% of Ch. 84
Imports
4,170.02 ₹ Cr
0.0684% share
+7.66% YoY
0.77% of Ch. 84
CAGR · 7-Year
Exports
20.82% /yr
Imports
1.70% /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 8457 have grown at a compound annual rate of 20.82% over 7 fiscal years, rising from ₹120.62 Crore in FY 2018-19 to ₹375.24 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8457 ranks #586 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #59 of 86. By trade surplus, it ranks #1088 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8457 was recorded in FY 2023-24, when exports surged by 109.63% over the prior year.
In FY 2024-25, India's imports of ₹4,170.02 Cr exceeded exports of ₹375.24 Cr, resulting in a trade deficit of ₹3,794.78 Crore — ranking #1088 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8457 have grown at 1.70% CAGR, reaching ₹4,170.02 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8457 ranks #59 by export value — accounting for 0.13% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.77% share (rank #34).
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 8457 and GST compliance.
It includes Metalworking Machines
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.
If your outward supply of Metalworking Machines is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Metalworking Machines are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.