8464 HSN Code: Parts & Accessories For Machine Tools

HSN Sub Chapter 8464 represents Parts & Accessories For Machine Tools under GST classification. This code helps businesses identify Parts & Accessories For Machine Tools correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8464, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Parts & Accessories For Machine Tools.

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New GST Rate for HSN Code 8464

GST Rate for Parts & Accessories For Machine Tools under HSN Code 8464. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

HSN Description

Machine-tools for working stone, ceramics concrete, asbestos-cement or like mineral materials or for cold working glass

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8464

Following tariff HSN codes fall under Parts & Accessories For Machine Tools.

Tariff HSN

Description

Sawing machine : Granite cutting machines or equipment

Tariff HSN

Description

Sawing machine : Other

Tariff HSN

Description

Grinding or polishing machines

Tariff HSN

Description

Other

India’s Trade Performance — HSN Sub-Chapter 8464 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹71 Cr

−23.51% vs FY 2023-24

0.0019% of India’s total exports

India’s Imports

FY 2024-25

₹1,140 Cr

−15.54% vs FY 2023-24

0.0187% of India’s total imports

Trade Balance

FY 2024-25

−₹1,070 Cr

Trade Deficit

Surplus rank #962 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.02%

Share of Chapter 84’s total exports in FY 2024-25

Import side: 0.21% of Chapter 84’s imports

Rank Within Chapter 84

FY 2024-25

#79 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #59 of 86

At a glance

18.17%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#866

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+92.10%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.02%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8464

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #920

Balance

−1,543.35

Exports

25.94 ₹ Cr

0.0011% share

YoY

0.02% of Ch. 84

Imports

1,569.29 ₹ Cr

0.0437% share

YoY

0.51% of Ch. 84

FY 2019-20 Exp. Rank #875

Balance

−1,029.97

Exports

38.37 ₹ Cr

0.0017% share

+47.92% YoY

0.03% of Ch. 84

Imports

1,068.34 ₹ Cr

0.0318% share

−31.92% YoY

0.35% of Ch. 84

FY 2020-21 Exp. Rank #889

Balance

−1,030.99

Exports

33.79 ₹ Cr

0.0016% share

−11.94% YoY

0.02% of Ch. 84

Imports

1,064.78 ₹ Cr

0.0365% share

−0.33% YoY

0.39% of Ch. 84

FY 2021-22 Exp. Rank #843

Balance

−2,201.22

Exports

64.91 ₹ Cr

0.0021% share

+92.10% YoY

0.03% of Ch. 84

Imports

2,266.13 ₹ Cr

0.0496% share

+112.83% YoY

0.60% of Ch. 84

FY 2022-23 Exp. Rank #862

Balance

−1,527.05

Exports

64.62 ₹ Cr

0.0018% share

−0.45% YoY

0.03% of Ch. 84

Imports

1,591.67 ₹ Cr

0.0277% share

−29.76% YoY

0.36% of Ch. 84

FY 2023-24 Exp. Rank #812

Balance

−1,257.61

Exports

92.32 ₹ Cr

0.0026% share

+42.87% YoY

0.04% of Ch. 84

Imports

1,349.93 ₹ Cr

0.0240% share

−15.19% YoY

0.28% of Ch. 84

FY 2024-25 Exp. Rank #866

Balance

−1,069.53

Exports

70.62 ₹ Cr

0.0019% share

−23.51% YoY

0.02% of Ch. 84

Imports

1,140.15 ₹ Cr

0.0187% share

−15.54% YoY

0.21% of Ch. 84

CAGR · 7-Year

Exports

18.17% /yr

Imports

−5.19% /yr

Consistently Deficit
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 8464 Export-Import Analysis

Consistent Export Growth: 18.17% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8464 have grown at a compound annual rate of 18.17% over 7 fiscal years, rising from ₹25.94 Crore in FY 2018-19 to ₹70.62 Crore in FY 2024-25.

HSN Sub-Chapter 8464 Ranked #866 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8464 ranks #866 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #79 of 86. By trade surplus, it ranks #962 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8464 Exports

The strongest single-year export movement for HSN Sub-Chapter 8464 was recorded in FY 2021-22, when exports surged by 92.10% over the prior year.

India Records a Trade Deficit of ₹1,069.53 Crore in HSN Sub-Chapter 8464 Goods

In FY 2024-25, India's imports of ₹1,140.15 Cr exceeded exports of ₹70.62 Cr, resulting in a trade deficit of ₹1,069.53 Crore — ranking #962 of 1233 by surplus magnitude.

Import Growth of −5.19% CAGR Signals Stable Import Dependency for Parts & Accessories For Machine Tools

India's imports under HSN Sub-Chapter 8464 have grown at −5.19% CAGR, reaching ₹1,140.15 Crore in FY 2024-25.

HSN Sub-Chapter 8464 Contributes 0.02% of Chapter 84 Exports — Ranked #79

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8464 ranks #79 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.21% share (rank #59).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8464 and GST compliance.

What products are classified under HSN 8464

It includes Parts & Accessories For Machine Tools

How are warranty replacements of Parts & Accessories For Machine Tools handled?

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.

What misclassification mistakes happen with Parts & Accessories For Machine Tools?

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.

Do spares or accessories of Parts & Accessories For Machine Tools follow the same HSN?

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.

Is the composition scheme suitable if I mainly trade Parts & Accessories For Machine Tools?

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.

Can I claim ITC on inputs and services used for Parts & Accessories For Machine Tools?

If your outward supply of Parts & Accessories For Machine Tools 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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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