About HSN Code 84623920
HSN Code 84623920 covers 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 and attracts a GST rate of 18%. For intra-state supplies, this is split as 9% CGST + 9% SGST. For inter-state supplies, 18% IGST is charged.
How to Use HSN Code 84623920 on GST Invoices
- Include the HSN code 84623920 on every GST invoice for 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
- Businesses with turnover above ₹5 crore must use 6-digit HSN codes
- Turnover between ₹1.5–5 crore: 4-digit codes are sufficient
- The HSN code must match the product/service description on your invoice
- Incorrect HSN codes can lead to GST notices and ITC mismatches
Related Free Tools
- HSN/SAC Code Search — Search 22,000+ product and service codes
- GST Calculator — Calculate CGST, SGST, IGST split
- GSTIN Validator — Verify any GSTIN number
- GST Due Date Calendar — Never miss a filing deadline
1010 automatically suggests the correct HSN code when you create invoices, using AI to match your product descriptions to the CBIC master list of 22,000+ codes. Start your free trial →