HSN Code 70140010: Signalling Glassware Not Optically Worked

HSN Code 70140010 represents Signalling Glassware Not Optically Worked under GST classification. This code helps businesses identify Signalling Glassware Not Optically Worked correctly for billing, taxation, and trade. With HSN Code 70140010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Signalling Glassware Not Optically Worked.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 70140010

HSN Code 70140010 relates to the following description.

Description of Goods

Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked : Signalling glassware

Chapter

70 - Glass and glassware

Sub Chapter

7014 - Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 70140010 not include?

Signalling Glassware Not Optically Worked does not include products with the following descriptions.

Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked : Optical elements

India’s Trade Performance — HSN Code 70140010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

+1,420.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

+45.79% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #9063 of 12657 HSN codes

% of Sub-Chapter 7014

FY 2024-25

56.30%

Share of Sub-Chapter 7014’s total exports in FY 2024-25

Import side: 11.67% of Sub-Chapter 7014’s imports

Rank Within Sub-Chapter 7014

FY 2024-25

#1 of 2

Position by export value among HSN codes in Sub-Chapter 7014

Import-side rank: #2 of 2

At a glance

15.51%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8480

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+1,420.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

56.30%

Contribution to Sub-Ch. 7014

Share of Sub-Chapter 7014 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 70140010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8491

Balance

−7.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.35% of Sub-Ch. 7014

Imports

7.82 ₹ Cr

0.0002% share

YoY

3.41% of Sub-Ch. 7014

FY 2019-20 Exp. Rank #8133

Balance

−11.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+71.88% YoY

0.60% of Sub-Ch. 7014

Imports

11.95 ₹ Cr

0.0004% share

+52.81% YoY

8.03% of Sub-Ch. 7014

FY 2020-21 Exp. Rank #8805

Balance

−10.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.00% YoY

0.36% of Sub-Ch. 7014

Imports

10.68 ₹ Cr

0.0004% share

−10.63% YoY

42.13% of Sub-Ch. 7014

FY 2021-22 Exp. Rank #8501

Balance

−11.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

36.91% of Sub-Ch. 7014

Imports

12.19 ₹ Cr

0.0003% share

+14.14% YoY

19.42% of Sub-Ch. 7014

FY 2022-23 Exp. Rank #8391

Balance

−14.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+29.09% YoY

3.34% of Sub-Ch. 7014

Imports

15.09 ₹ Cr

0.0003% share

+23.79% YoY

35.24% of Sub-Ch. 7014

FY 2023-24 Exp. Rank #10057

Balance

−7.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.96% YoY

0.14% of Sub-Ch. 7014

Imports

7.25 ₹ Cr

0.0001% share

−51.95% YoY

26.42% of Sub-Ch. 7014

FY 2024-25 Exp. Rank #8480

Balance

−9.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,420.00% YoY

56.30% of Sub-Ch. 7014

Imports

10.57 ₹ Cr

0.0002% share

+45.79% YoY

11.67% of Sub-Ch. 7014

CAGR · 7-Year

Exports

15.51% /yr

Imports

5.15% /yr

Consistently Deficit
Sub-Chapter 7014 total

reference, FY 2024-25

Export

₹1.35 Cr

Import

₹90.60 Cr

Trade Balance

−89.25

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 70140010 Export-Import Analysis

Consistent Export Growth: 15.51% CAGR Over 7 Years

India's exports under HSN Code 70140010 have grown at a compound annual rate of 15.51% over 7 fiscal years, rising from ₹0.32 Crore in FY 2018-19 to ₹0.76 Crore in FY 2024-25.

HSN Code 70140010 Ranked #8480 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 70140010 ranks #8480 out of 12657 HSN codes by total export value. Within Sub-Chapter 7014, it ranks #1 of 2. By trade surplus, it ranks #9063 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 70140010 Exports

The strongest single-year export movement for HSN Code 70140010 was recorded in FY 2024-25, when exports surged by 1,420.00% over the prior year.

India Records a Trade Deficit of ₹9.81 Crore in HSN Code 70140010 Goods

In FY 2024-25, India's imports of ₹10.57 Cr exceeded exports of ₹0.76 Cr, resulting in a trade deficit of ₹9.81 Crore — ranking #9063 of 12657 by surplus magnitude.

Import Growth of 5.15% CAGR Signals Stable Import Dependency for Signalling Glassware Not Optically Worked

India's imports under HSN Code 70140010 have grown at 5.15% CAGR, reaching ₹10.57 Crore in FY 2024-25.

HSN Code 70140010 Contributes 56.30% of Sub-Chapter 7014 Exports — Ranked #1

Among the 2 HSN codes under Sub-Chapter 7014, HSN Code 70140010 ranks #1 by export value — accounting for 56.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.67% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 70140010 and GST compliance.

What products are classified under HSN 70140010 ?

It includes Flint Buttons for Corrective Spectacle Glasses

Do e‑way bill and e‑invoice apply for Signalling Glassware Not Optically Worked?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Can we claim ITC on inputs used to trade Signalling Glassware Not Optically Worked?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Signalling Glassware Not Optically Worked?

Under HSN 70140010, Signalling Glassware Not Optically Worked attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Signalling Glassware Not Optically Worked?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Signalling Glassware Not Optically Worked?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.