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HSN CODE - 84472020 : OTHER WOOL KNITTING MACHINES

HSN CODE Description Policy
8447WEAVING MACHINES (LOOMS)
844720Flat knitting machines;stitch-bonding machines
84472020OTHER WOOL KNITTING MACHINESFree

Harmonised System of Nomenclature (HSN Codes) 84472020 are used for the OTHER WOOL KNITTING MACHINES products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 84472020

First two digits (84) represent the chapter number which is Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

Next two digits (47) represent the heading number which is WEAVING MACHINES (LOOMS)

Next two digits (20) represent the product code which is Flat knitting machines;stitch-bonding machines

Last two digits (20) are for final or deeper classification which is OTHER WOOL KNITTING MACHINES

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.