HSN Code 70200021: Other Glass Articles for Indoor Decoration

HSN Code 70200021 represents Other Glass Articles for Indoor Decoration under GST classification. This code helps businesses identify Other Glass Articles for Indoor Decoration correctly for billing, taxation, and trade. With HSN Code 70200021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Glass Articles for Indoor Decoration.

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Description of Goods for HSN Code 70200021

HSN Code 70200021 relates to the following description.

Description of Goods

Other articles of glass: Glass chimneys : For lamps and lanterns

Chapter

70 - Glass and glassware

Sub Chapter

7020 - Other articles of glass

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 70200021 not include?

Other Glass Articles for Indoor Decoration does not include products with the following descriptions.

HSN Code 70200011

Other articles of glass: Glass shells, glass globes and glass founts : Globes for lamps and lanterns

HSN Code 70200012

Other articles of glass: Glass shells, glass globes and glass founts : Founts for kerosene wick lamps

HSN Code 70200019

Other articles of glass: Glass shells, glass globes and glass founts : Other

India’s Trade Performance — HSN Code 70200021 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

₹4 Cr

−19.69% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−91.80% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹4 Cr

Trade Surplus

Surplus rank #3839 of 12657 HSN codes

% of Sub-Chapter 7020

FY 2024-25

0.38%

Share of Sub-Chapter 7020’s total exports in FY 2024-25

Import side: 0.01% of Sub-Chapter 7020’s imports

Rank Within Sub-Chapter 7020

FY 2024-25

#3 of 6

Position by export value among HSN codes in Sub-Chapter 7020

Import-side rank: #5 of 6

At a glance

0.83%

Export CAGR

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

#6856

National Export Rank

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

+56.88%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.38%

Contribution to Sub-Ch. 7020

Share of Sub-Chapter 7020 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 70200021

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 #6161

Balance

+2.70

Exports

3.92 ₹ Cr

0.0002% share

— YoY

0.25% of Sub-Ch. 7020

Imports

1.22 ₹ Cr

0.0000% share

— YoY

0.67% of Sub-Ch. 7020

FY 2019-20 Exp. Rank #6204

Balance

+2.99

Exports

3.69 ₹ Cr

0.0002% share

−5.87% YoY

0.26% of Sub-Ch. 7020

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−42.62% YoY

0.29% of Sub-Ch. 7020

FY 2020-21 Exp. Rank #6267

Balance

+3.33

Exports

3.77 ₹ Cr

0.0002% share

+2.17% YoY

0.30% of Sub-Ch. 7020

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−37.14% YoY

0.19% of Sub-Ch. 7020

FY 2021-22 Exp. Rank #6386

Balance

+3.18

Exports

4.86 ₹ Cr

0.0002% share

+28.91% YoY

0.33% of Sub-Ch. 7020

Imports

1.68 ₹ Cr

0.0000% share

+281.82% YoY

0.83% of Sub-Ch. 7020

FY 2022-23 Exp. Rank #6910

Balance

+2.52

Exports

3.27 ₹ Cr

0.0001% share

−32.72% YoY

0.30% of Sub-Ch. 7020

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−55.36% YoY

0.35% of Sub-Ch. 7020

FY 2023-24 Exp. Rank #6550

Balance

+4.52

Exports

5.13 ₹ Cr

0.0001% share

+56.88% YoY

0.44% of Sub-Ch. 7020

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.67% YoY

0.24% of Sub-Ch. 7020

FY 2024-25 Exp. Rank #6856

Balance

+4.07

Exports

4.12 ₹ Cr

0.0001% share

−19.69% YoY

0.38% of Sub-Ch. 7020

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.80% YoY

0.01% of Sub-Ch. 7020

CAGR · 7-Year

Exports

0.83% /yr

Imports

−41.28% /yr

Consistently Surplus
Sub-Chapter 7020 total

reference, FY 2024-25

Export

₹1,091.01 Cr

Import

₹460.63 Cr

Trade Balance

+630.38

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

Key Trade Insights: HSN Code 70200021 Export-Import Analysis

Consistent Export Growth: 0.83% CAGR Over 7 Years

India's exports under HSN Code 70200021 have grown at a compound annual rate of 0.83% over 7 fiscal years, rising from ₹3.92 Crore in FY 2018-19 to ₹4.12 Crore in FY 2024-25.

HSN Code 70200021 Ranked #6856 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 70200021 ranks #6856 out of 12657 HSN codes by total export value. Within Sub-Chapter 7020, it ranks #3 of 6. By trade surplus, it ranks #3839 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 70200021 Exports

The strongest single-year export movement for HSN Code 70200021 was recorded in FY 2023-24, when exports surged by 56.88% over the prior year.

India Maintains a Trade Surplus of ₹4.07 Crore in HSN Code 70200021 Goods

In FY 2024-25, India's exports of ₹4.12 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹4.07 Crore — ranking #3839 of 12657 by surplus magnitude.

Import Growth of −41.28% CAGR Signals Stable Import Dependency for Other Glass Articles for Indoor Decoration

India's imports under HSN Code 70200021 have grown at −41.28% CAGR, reaching ₹0.05 Crore in FY 2024-25.

HSN Code 70200021 Contributes 0.38% of Sub-Chapter 7020 Exports — Ranked #3

Among the 6 HSN codes under Sub-Chapter 7020, HSN Code 70200021 ranks #3 by export value — accounting for 0.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 70200021 and GST compliance.

What products are classified under HSN 70200021 ?

It includes Natural Pearls – Unworked

Any common misclassification issue with Other Glass Articles for Indoor Decoration?

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

Do e‑way bill and e‑invoice apply for Other Glass Articles for Indoor Decoration?

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 Other Glass Articles for Indoor Decoration?

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

Does packaging or labelling change the GST for Other Glass Articles for Indoor Decoration?

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.

How much GST applies to Other Glass Articles for Indoor Decoration?

Under HSN 70200021, Other Glass Articles for Indoor Decoration attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Glass Articles for Indoor Decoration is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Glass Articles for Indoor Decoration; Nil for exempt items if applicable).

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.