Consistent Export Growth: 1.63% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8465 have grown at a compound annual rate of 1.63% over 7 fiscal years, rising from ₹362.58 Crore in FY 2018-19 to ₹399.55 Crore in FY 2024-25.
HSN Sub Chapter 8465 represents Machine-tools for hard materials under GST classification. This code helps businesses identify Machine-tools for hard materials correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8465, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Machine-tools for hard materials.
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GST Rate for Machine-tools for hard materials under HSN Code 8465. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Machine-tools for hard materials.
Tariff HSN
Description
Machines which can carry out different types of machining operations without tool change between such operations
Tariff HSN
Description
Machining centres
Tariff HSN
Description
Other : Sawing machines
Tariff HSN
Description
Other : Planing, milling or moulding (by cutting) machines
Tariff HSN
Description
Other : Grinding, sanding or polishing machines
Tariff HSN
Description
Other : Bending or assembling machines
Tariff HSN
Description
Other : Drilling or morticing machines
Tariff HSN
Description
Other : Splitting, slicing or paring machines
Tariff HSN
Description
Other : Other : Lathes
Tariff HSN
Description
Other : Other : Other
India’s Exports
FY 2024-25₹400 Cr
0.0108% of India’s total exports
India’s Imports
FY 2024-25₹1,422 Cr
0.0233% of India’s total imports
Trade Balance
FY 2024-25−₹1,022 Cr
Surplus rank #953 of 1233 subchapters
% of Chapter 84
FY 2024-250.14%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.26% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#57 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #56 of 86
At a glance
1.63%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#574
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+62.14%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.14%
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
−432.66
Exports
362.58 ₹ Cr
0.0158% share
— YoY
0.25% of Ch. 84
Imports
795.24 ₹ Cr
0.0221% share
— YoY
0.26% of Ch. 84
Balance
−536.29
Exports
267.28 ₹ Cr
0.0121% share
−26.28% YoY
0.18% of Ch. 84
Imports
803.57 ₹ Cr
0.0240% share
+1.05% YoY
0.26% of Ch. 84
Balance
−359.15
Exports
296.88 ₹ Cr
0.0138% share
+11.07% YoY
0.21% of Ch. 84
Imports
656.03 ₹ Cr
0.0225% share
−18.36% YoY
0.24% of Ch. 84
Balance
−420.69
Exports
481.36 ₹ Cr
0.0153% share
+62.14% YoY
0.25% of Ch. 84
Imports
902.05 ₹ Cr
0.0197% share
+37.50% YoY
0.24% of Ch. 84
Balance
−728.89
Exports
430.74 ₹ Cr
0.0119% share
−10.52% YoY
0.19% of Ch. 84
Imports
1,159.63 ₹ Cr
0.0202% share
+28.56% YoY
0.27% of Ch. 84
Balance
−937.84
Exports
421.17 ₹ Cr
0.0116% share
−2.22% YoY
0.17% of Ch. 84
Imports
1,359.01 ₹ Cr
0.0242% share
+17.19% YoY
0.29% of Ch. 84
Balance
−1,022.10
Exports
399.55 ₹ Cr
0.0108% share
−5.13% YoY
0.14% of Ch. 84
Imports
1,421.65 ₹ Cr
0.0233% share
+4.61% YoY
0.26% of Ch. 84
CAGR · 7-Year
Exports
1.63% /yr
Imports
10.17% /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 8465 have grown at a compound annual rate of 1.63% over 7 fiscal years, rising from ₹362.58 Crore in FY 2018-19 to ₹399.55 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8465 ranks #574 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #57 of 86. By trade surplus, it ranks #953 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8465 was recorded in FY 2021-22, when exports surged by 62.14% over the prior year.
In FY 2024-25, India's imports of ₹1,421.65 Cr exceeded exports of ₹399.55 Cr, resulting in a trade deficit of ₹1,022.10 Crore — ranking #953 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8465 have grown at 10.17% CAGR, reaching ₹1,421.65 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8465 ranks #57 by export value — accounting for 0.14% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.26% share (rank #56).
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 8465 and GST compliance.
It includes Machine-tools for hard materials
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.
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.
If your outward supply of Machine-tools for hard materials 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.
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.
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.