The gear plunge shaving process is a widely used process for soft finishing of gears in the gear manufacturing industry. But it is difficult and expensive to profile plunge shaving cutter, because the cutter must be ground by a cone grinding wheel on a special grinder. A new method, profiling gear shaving cutter on the shaving machine, i.e. a CBN dressing gear which has the same parameters with the machined gear is clamped in place of the workpiece on the shaving machine and profiling the cutter in shaving process, is put forward. Meshing and Tooth contact analysis of shaving cutter profiling has been considered. Meshing equation of profiling process and equation of shaving cutter gear blank after profiling are obtained. Experiment testified that it is an applied method and has many advantages.