Consistent Export Growth: 6.74% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8462 have grown at a compound annual rate of 6.74% over 7 fiscal years, rising from ₹304.59 Crore in FY 2018-19 to ₹450.59 Crore in FY 2024-25.
HSN Sub Chapter 8462 represents Metal forging & die-stamping machines under GST classification. This code helps businesses identify Metal forging & die-stamping machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8462, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metal forging & die-stamping machines.
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GST Rate for Metal forging & die-stamping machines under HSN Code 8462. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
84HSN Code
HSN Description
Machine-tools (including presses ) for working metal by forging, hammering or diestamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Metal forging & die-stamping machines.
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: steam or air, single frame
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: steam or air, double frame
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: headers and upsetters
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: double acting counter blow, air or steam
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: forging machines
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: die stamping machines
Tariff HSN
Description
Hot forming machines for forging, die forging (including presses) and hot hammers: Closed die forging machines
Tariff HSN
Description
Hot forming machines for forging, die forging (including presses) and hot hammers: Other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - bending, folding, straightening or flattening machines (including presses): numerically controlled
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Profile forming machines
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Numerically controlled press brakes
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Numerically controlled panel benders
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Numerically controlled roll forming machines
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Other numerically controlled bending, folding, straightening or flattening machines
Tariff HSN
Description
Bending, folding, straightening or flattening machines (including press brakes) for flat products: Other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - bending, folding, straightening or flattening machines (including presses): other: bending and straightening machines
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - bending, folding, straightening or flattening machines (including presses): other: press brakes
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - bending, folding, straightening or flattening machines (including presses): other: other rotary head and ram type
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - bending, folding, straightening or flattening machines (including presses): other: other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- shearing machines (including presses), other than combined punching and shearing machines : numerically controlled
Tariff HSN
Description
Slitting lines, cut-to-length lines and other shearing machines (excluding presses) for flat products, other than combined punching and shearing machines: Slitting lines and cut-to-length lines
Tariff HSN
Description
Slitting lines, cut-to-length lines and other shearing machines (excluding presses) for flat products, other than combined punching and shearing machines: Numerically controlled shearing machines
Tariff HSN
Description
Slitting lines, cut-to-length lines and other shearing machines (excluding presses) for flat products, other than combined punching and shearing machines: Other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- shearing machines (including presses), other than combined punching and shearing machines : other: plate and sheet shears (guillotine)
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- shearing machines (including presses), other than combined punching and shearing machines : other: bar and angle shearing and cropping
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- shearing machines (including presses), other than combined punching and shearing machines : other: other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- punching or notching machines (including presses), including combined punching and shearing machines: numerically controlled
Tariff HSN
Description
Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines: Numerically controlled
Tariff HSN
Description
Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines: Other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- punching or notching machines (including presses), including combined punching and shearing machines: other: punching machines (including turret)
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- punching or notching machines (including presses), including combined punching and shearing machines: other: combination of punching, shearing and cropping machines
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- punching or notching machines (including presses), including combined punching and shearing machines: other: nibbling machines
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above- punching or notching machines (including presses), including combined punching and shearing machines: other: other
Tariff HSN
Description
Machines for working tube, pipe, hollow section and bar (excluding presses): Numerically controlled
Tariff HSN
Description
Machines for working tube, pipe, hollow section and bar (excluding presses): Other
Tariff HSN
Description
Cold metal working presses: Hydraulic presses
Tariff HSN
Description
Cold metal working presses: Mechanical presses
Tariff HSN
Description
Cold metal working presses: Servo-presses
Tariff HSN
Description
Cold metal working presses: Other
Tariff HSN
Description
Other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - hydraulic presses: hydraulic extension
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - hydraulic presses:other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: pneumatic presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: inclinable presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: vertical gap of frame presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: vertical straight presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: vertical forging presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - pneumatic, inclinable and vertical presses: other
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other -dieing or lobbing machine presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other -transfer and multiple presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - horizontal presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - friction screw presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - knuckle joint presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other -coining joint presses
Tariff HSN
Description
Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - other - other
India’s Exports
FY 2024-25₹451 Cr
0.0122% of India’s total exports
India’s Imports
FY 2024-25₹7,543 Cr
0.1237% of India’s total imports
Trade Balance
FY 2024-25−₹7,093 Cr
Surplus rank #1134 of 1233 subchapters
% of Chapter 84
FY 2024-250.16%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 1.39% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#54 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #21 of 86
At a glance
6.74%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#556
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+59.33%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.16%
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
−4,092.92
Exports
304.59 ₹ Cr
0.0133% share
— YoY
0.21% of Ch. 84
Imports
4,397.51 ₹ Cr
0.1225% share
— YoY
1.44% of Ch. 84
Balance
−3,605.62
Exports
292.61 ₹ Cr
0.0132% share
−3.93% YoY
0.20% of Ch. 84
Imports
3,898.23 ₹ Cr
0.1162% share
−11.35% YoY
1.27% of Ch. 84
Balance
−1,875.75
Exports
188.96 ₹ Cr
0.0088% share
−35.42% YoY
0.13% of Ch. 84
Imports
2,064.71 ₹ Cr
0.0709% share
−47.03% YoY
0.75% of Ch. 84
Balance
−2,899.53
Exports
284.74 ₹ Cr
0.0091% share
+50.69% YoY
0.15% of Ch. 84
Imports
3,184.27 ₹ Cr
0.0697% share
+54.22% YoY
0.84% of Ch. 84
Balance
−3,031.59
Exports
453.67 ₹ Cr
0.0125% share
+59.33% YoY
0.21% of Ch. 84
Imports
3,485.26 ₹ Cr
0.0606% share
+9.45% YoY
0.80% of Ch. 84
Balance
−4,242.71
Exports
364.06 ₹ Cr
0.0101% share
−19.75% YoY
0.15% of Ch. 84
Imports
4,606.77 ₹ Cr
0.0820% share
+32.18% YoY
0.97% of Ch. 84
Balance
−7,092.50
Exports
450.59 ₹ Cr
0.0122% share
+23.77% YoY
0.16% of Ch. 84
Imports
7,543.09 ₹ Cr
0.1237% share
+63.74% YoY
1.39% of Ch. 84
CAGR · 7-Year
Exports
6.74% /yr
Imports
9.41% /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 8462 have grown at a compound annual rate of 6.74% over 7 fiscal years, rising from ₹304.59 Crore in FY 2018-19 to ₹450.59 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8462 ranks #556 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #54 of 86. By trade surplus, it ranks #1134 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8462 was recorded in FY 2022-23, when exports surged by 59.33% over the prior year.
In FY 2024-25, India's imports of ₹7,543.09 Cr exceeded exports of ₹450.59 Cr, resulting in a trade deficit of ₹7,092.50 Crore — ranking #1134 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8462 have grown at 9.41% CAGR, reaching ₹7,543.09 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8462 ranks #54 by export value — accounting for 0.16% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.39% share (rank #21).
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 8462 and GST compliance.
It includes Metal forging & die-stamping machines
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Metal forging & die-stamping 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.
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.
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.
If your outward supply of Metal forging & die-stamping 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.