Consistent Export Growth: 14.25% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8483 have grown at a compound annual rate of 14.25% over 7 fiscal years, rising from ₹8,286.10 Crore in FY 2018-19 to ₹18,429.34 Crore in FY 2024-25.
HSN Sub Chapter 8483 represents Transmission shafts & cranks under GST classification. This code helps businesses identify Transmission shafts & cranks correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8483, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Transmission shafts & cranks.
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GST Rate for Transmission shafts & cranks under HSN Code 8483. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
84HSN Code
HSN Description
Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including pulley blocks; clutches and shaft couplings (including universal joints)
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Transmission shafts & cranks.
Tariff HSN
Description
Transmission shafts (including cam shafts and crank shafts) and cranks : Crank shafts for sewing machines
Tariff HSN
Description
Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Crank shaft for engines of heading 8407
Tariff HSN
Description
Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Crank shaft for engines of heading 8408
Tariff HSN
Description
Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Other
Tariff HSN
Description
Bearing housings, incorporating ball or roller bearings
Tariff HSN
Description
Bearing housings, not incorporating ball or roller bearings; plain shaft bearings
Tariff HSN
Description
Gears and gearing, other than toothed wheels, chain spro ckets and other transmission elements presented separately; ball or roller screws; gear boxes and other speed changers, including torque converters
Tariff HSN
Description
Flywheels and pulleys, including pulley blocks : Pulleys, power transmission
Tariff HSN
Description
Flywheels and pulleys, including pulley blocks : Other
Tariff HSN
Description
Clutches and shaft couplings (including universal joints) : Flexible coupling
Tariff HSN
Description
Clutches and shaft couplings (including universal joints) : Fluid coupling
Tariff HSN
Description
Clutches and shaft couplings (including universal joints) : Other
Tariff HSN
Description
Toothed wheels, chain sprockets and other transmission elements presented separately; parts
India’s Exports
FY 2024-25₹18,429 Cr
0.4976% of India’s total exports
India’s Imports
FY 2024-25₹17,071 Cr
0.2799% of India’s total imports
Trade Balance
FY 2024-25₹1,358 Cr
Surplus rank #162 of 1233 subchapters
% of Chapter 84
FY 2024-256.51%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 3.14% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#3 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #7 of 86
At a glance
14.25%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#27
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+39.73%
Peak Growth Year
FY 2021-22 · strongest single-year move
6.51%
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
−548.26
Exports
8,286.10 ₹ Cr
0.3610% share
— YoY
5.65% of Ch. 84
Imports
8,834.36 ₹ Cr
0.2460% share
— YoY
2.88% of Ch. 84
Balance
+458.38
Exports
8,438.92 ₹ Cr
0.3821% share
+1.84% YoY
5.72% of Ch. 84
Imports
7,980.54 ₹ Cr
0.2379% share
−9.66% YoY
2.60% of Ch. 84
Balance
+1,245.64
Exports
9,137.52 ₹ Cr
0.4248% share
+8.28% YoY
6.52% of Ch. 84
Imports
7,891.88 ₹ Cr
0.2708% share
−1.11% YoY
2.88% of Ch. 84
Balance
+1,626.00
Exports
12,767.44 ₹ Cr
0.4068% share
+39.73% YoY
6.74% of Ch. 84
Imports
11,141.44 ₹ Cr
0.2438% share
+41.18% YoY
2.95% of Ch. 84
Balance
+910.07
Exports
14,767.49 ₹ Cr
0.4079% share
+15.67% YoY
6.68% of Ch. 84
Imports
13,857.42 ₹ Cr
0.2410% share
+24.38% YoY
3.17% of Ch. 84
Balance
+1,639.63
Exports
16,923.80 ₹ Cr
0.4677% share
+14.60% YoY
6.80% of Ch. 84
Imports
15,284.17 ₹ Cr
0.2722% share
+10.30% YoY
3.22% of Ch. 84
Balance
+1,358.36
Exports
18,429.34 ₹ Cr
0.4976% share
+8.90% YoY
6.51% of Ch. 84
Imports
17,070.98 ₹ Cr
0.2799% share
+11.69% YoY
3.14% of Ch. 84
CAGR · 7-Year
Exports
14.25% /yr
Imports
11.60% /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 8483 have grown at a compound annual rate of 14.25% over 7 fiscal years, rising from ₹8,286.10 Crore in FY 2018-19 to ₹18,429.34 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8483 ranks #27 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #3 of 86. By trade surplus, it ranks #162 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8483 was recorded in FY 2021-22, when exports surged by 39.73% over the prior year.
In FY 2024-25, India's exports of ₹18,429.34 Cr exceeded imports of ₹17,070.98 Cr, resulting in a trade surplus of ₹1,358.36 Crore — ranking #162 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8483 have grown at 11.60% CAGR, reaching ₹17,070.98 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8483 ranks #3 by export value — accounting for 6.51% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.14% share (rank #7).
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 8483 and GST compliance.
It includes Transmission shafts & cranks
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Transmission shafts & cranks 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.
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.