HSN Code 70200029: Glass Chimneys and Other Glass Articles

HSN Code 70200029 represents Glass Chimneys and Other Glass Articles under GST classification. This code helps businesses identify Glass Chimneys and Other Glass Articles correctly for billing, taxation, and trade. With HSN Code 70200029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Glass Chimneys and Other Glass Articles.

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 70200029

HSN Code 70200029 relates to the following description.

Description of Goods

Other articles of glass: Glass chimneys : Other

Chapter

70 - Glass and glassware

Sub Chapter

7020 - Other articles of glass

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 70200029 not include?

Glass Chimneys and Other Glass Articles does not include products with the following descriptions.

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

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

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

India’s Trade Performance — HSN Code 70200029 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

₹2 Cr

−33.78% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+8.71% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7870 of 12657 HSN codes

% of Sub-Chapter 7020

FY 2024-25

0.18%

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

Import side: 0.62% of Sub-Chapter 7020’s imports

Rank Within Sub-Chapter 7020

FY 2024-25

#4 of 6

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

Import-side rank: #3 of 6

At a glance

−36.22%

Export CAGR

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

#7611

National Export Rank

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

+43.14%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.18%

Contribution to Sub-Ch. 7020

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

India Export-Import Trade Statistics for HSN Code 70200029

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 #3599

Balance

+21.18

Exports

29.42 ₹ Cr

0.0013% share

YoY

1.84% of Sub-Ch. 7020

Imports

8.24 ₹ Cr

0.0002% share

YoY

4.53% of Sub-Ch. 7020

FY 2019-20 Exp. Rank #5679

Balance

−0.62

Exports

5.77 ₹ Cr

0.0003% share

−80.39% YoY

0.41% of Sub-Ch. 7020

Imports

6.39 ₹ Cr

0.0002% share

−22.45% YoY

2.68% of Sub-Ch. 7020

FY 2020-21 Exp. Rank #5838

Balance

−2.57

Exports

5.45 ₹ Cr

0.0003% share

−5.55% YoY

0.44% of Sub-Ch. 7020

Imports

8.02 ₹ Cr

0.0003% share

+25.51% YoY

3.53% of Sub-Ch. 7020

FY 2021-22 Exp. Rank #7296

Balance

−15.25

Exports

2.04 ₹ Cr

0.0001% share

−62.57% YoY

0.14% of Sub-Ch. 7020

Imports

17.29 ₹ Cr

0.0004% share

+115.59% YoY

8.57% of Sub-Ch. 7020

FY 2022-23 Exp. Rank #7031

Balance

−0.96

Exports

2.92 ₹ Cr

0.0001% share

+43.14% YoY

0.27% of Sub-Ch. 7020

Imports

3.88 ₹ Cr

0.0001% share

−77.56% YoY

1.82% of Sub-Ch. 7020

FY 2023-24 Exp. Rank #7145

Balance

+0.35

Exports

2.99 ₹ Cr

0.0001% share

+2.40% YoY

0.26% of Sub-Ch. 7020

Imports

2.64 ₹ Cr

0.0000% share

−31.96% YoY

1.04% of Sub-Ch. 7020

FY 2024-25 Exp. Rank #7611

Balance

−0.89

Exports

1.98 ₹ Cr

0.0001% share

−33.78% YoY

0.18% of Sub-Ch. 7020

Imports

2.87 ₹ Cr

0.0000% share

+8.71% YoY

0.62% of Sub-Ch. 7020

CAGR · 7-Year

Exports

−36.22% /yr

Imports

−16.12% /yr

Consistently Deficit
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 70200029 Export-Import Analysis

Export Decline: −36.22% CAGR Over 7 Years

India's exports under HSN Code 70200029 have declined at a compound annual rate of −36.22% over 7 fiscal years, falling from ₹29.42 Crore in FY 2018-19 to ₹1.98 Crore in FY 2024-25.

HSN Code 70200029 Ranked #7611 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 70200029 ranks #7611 out of 12657 HSN codes by total export value. Within Sub-Chapter 7020, it ranks #4 of 6. By trade surplus, it ranks #7870 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 70200029 Exports

The strongest single-year export movement for HSN Code 70200029 was recorded in FY 2022-23, when exports surged by 43.14% over the prior year.

India Records a Trade Deficit of ₹0.89 Crore in HSN Code 70200029 Goods

In FY 2024-25, India's imports of ₹2.87 Cr exceeded exports of ₹1.98 Cr, resulting in a trade deficit of ₹0.89 Crore — ranking #7870 of 12657 by surplus magnitude.

Import Growth of −16.12% CAGR Signals Stable Import Dependency for Glass Chimneys and Other Glass Articles

India's imports under HSN Code 70200029 have grown at −16.12% CAGR, reaching ₹2.87 Crore in FY 2024-25.

HSN Code 70200029 Contributes 0.18% of Sub-Chapter 7020 Exports — Ranked #4

Among the 6 HSN codes under Sub-Chapter 7020, HSN Code 70200029 ranks #4 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.62% share (rank #3).

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 70200029 and GST compliance.

What products are classified under HSN 70200029 ?

It includes Natural Pearls – Worked

How should mixed supplies be billed when Glass Chimneys and Other Glass Articles is sold with other items?

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

Any common misclassification issue with Glass Chimneys and Other Glass Articles?

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

Can we claim ITC on inputs used to trade Glass Chimneys and Other Glass Articles?

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 Glass Chimneys and Other Glass Articles?

Under HSN 70200029, Glass Chimneys and Other Glass Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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.

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.