Consistent Export Growth: 4.50% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8460 have grown at a compound annual rate of 4.50% over 7 fiscal years, rising from ₹195.36 Crore in FY 2018-19 to ₹254.38 Crore in FY 2024-25.
HSN Sub Chapter 8460 represents Machine-Tools For Metal Finishing under GST classification. This code helps businesses identify Machine-Tools For Metal Finishing correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8460, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Machine-Tools For Metal Finishing.
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GST Rate for Machine-Tools For Metal Finishing under HSN Code 8460. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
84HSN Code
HSN Description
Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Machine-Tools For Metal Finishing.
Tariff HSN
Description
Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461 - flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm:numerically controlled
Tariff HSN
Description
Flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Numerically controlled
Tariff HSN
Description
Flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other
Tariff HSN
Description
Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461 - other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm: numerically controlled
Tariff HSN
Description
Other grinding machines: Centreless grinding machines, numerically controlled
Tariff HSN
Description
Other grinding machines: Other cylindrical grinding machines, numerically controlled
Tariff HSN
Description
Other grinding machines: Other Numerically controlled
Tariff HSN
Description
Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Cylindrical grinders
Tariff HSN
Description
Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Internal grinders
Tariff HSN
Description
Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Centreless grinders
Tariff HSN
Description
Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Profile grinders
Tariff HSN
Description
Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Other
Tariff HSN
Description
Sharpening (tool or cutter grinding)machines : Numerically controlled
Tariff HSN
Description
Sharpening (tool or cutter grinding)machines : Other : Grinder, tool or cutter
Tariff HSN
Description
Sharpening (tool or cutter grinding)machines : Other : Other
Tariff HSN
Description
Honing or lapping machines : Honing machines : Vertical, single spindle
Tariff HSN
Description
Honing or lapping machines : Honing machines : Vertical, multi-spindle
Tariff HSN
Description
Honing or lapping machines : Honing machines : Horizontal
Tariff HSN
Description
Honing or lapping machines : Honing machines : Other
Tariff HSN
Description
Honing or lapping machines : Lapping machines
Tariff HSN
Description
Other : Polishing and buffing machines
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹254 Cr
0.0069% of India’s total exports
India’s Imports
FY 2024-25₹2,674 Cr
0.0439% of India’s total imports
Trade Balance
FY 2024-25−₹2,420 Cr
Surplus rank #1049 of 1233 subchapters
% of Chapter 84
FY 2024-250.09%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.49% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#65 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #44 of 86
At a glance
4.50%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#658
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+35.49%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.09%
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
−1,417.57
Exports
195.36 ₹ Cr
0.0085% share
— YoY
0.13% of Ch. 84
Imports
1,612.93 ₹ Cr
0.0449% share
— YoY
0.53% of Ch. 84
Balance
−1,443.16
Exports
157.05 ₹ Cr
0.0071% share
−19.61% YoY
0.11% of Ch. 84
Imports
1,600.21 ₹ Cr
0.0477% share
−0.79% YoY
0.52% of Ch. 84
Balance
−1,003.06
Exports
173.45 ₹ Cr
0.0081% share
+10.44% YoY
0.12% of Ch. 84
Imports
1,176.51 ₹ Cr
0.0404% share
−26.48% YoY
0.43% of Ch. 84
Balance
−936.60
Exports
187.78 ₹ Cr
0.0060% share
+8.26% YoY
0.10% of Ch. 84
Imports
1,124.38 ₹ Cr
0.0246% share
−4.43% YoY
0.30% of Ch. 84
Balance
−1,573.95
Exports
213.74 ₹ Cr
0.0059% share
+13.82% YoY
0.10% of Ch. 84
Imports
1,787.69 ₹ Cr
0.0311% share
+58.99% YoY
0.41% of Ch. 84
Balance
−1,773.29
Exports
289.59 ₹ Cr
0.0080% share
+35.49% YoY
0.12% of Ch. 84
Imports
2,062.88 ₹ Cr
0.0367% share
+15.39% YoY
0.43% of Ch. 84
Balance
−2,419.84
Exports
254.38 ₹ Cr
0.0069% share
−12.16% YoY
0.09% of Ch. 84
Imports
2,674.22 ₹ Cr
0.0439% share
+29.64% YoY
0.49% of Ch. 84
CAGR · 7-Year
Exports
4.50% /yr
Imports
8.79% /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 8460 have grown at a compound annual rate of 4.50% over 7 fiscal years, rising from ₹195.36 Crore in FY 2018-19 to ₹254.38 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8460 ranks #658 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #65 of 86. By trade surplus, it ranks #1049 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8460 was recorded in FY 2023-24, when exports surged by 35.49% over the prior year.
In FY 2024-25, India's imports of ₹2,674.22 Cr exceeded exports of ₹254.38 Cr, resulting in a trade deficit of ₹2,419.84 Crore — ranking #1049 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8460 have grown at 8.79% CAGR, reaching ₹2,674.22 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8460 ranks #65 by export value — accounting for 0.09% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.49% share (rank #44).
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 8460 and GST compliance.
It includes Machine-Tools For Metal Finishing
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
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.
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.
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.