--- title: "HSN Code for Statuettes and other ornaments | HSN 83062920 GST Rate" description: "Find HSN and GST Rates for 83062920 related to Statuettes and other ornaments with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-83062920/" --- # HSN Code 83062920: Statuettes and other ornaments - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 83: Miscellaneous Base Metal Articles](https://busy.in/hsn/chapter-83/) - [Sub-chapter 8306: Metal Bells & Gongs](https://busy.in/hsn/sub-chapter-8306/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Statuettes and other ornaments : Other : Trophies | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 83062920 ? It includes Of Other Base Metal ### How should mixed supplies be billed when Statuettes and other ornaments is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Statuettes and other ornaments; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Statuettes and other ornaments? 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. ### Any common misclassification issue with Statuettes and other ornaments? 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 Statuettes and other ornaments? 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. ### How much GST applies to Statuettes and other ornaments? Under HSN 83062920, Statuettes and other ornaments attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 83062920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+6.70% YoY) — 0.0001% of India's total exports - Imports: ₹4 Cr (+39.20% YoY) — 0.0001% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5224 of 12657 HSN codes - Share of Sub-Chapter 8306: 1.56% of its exports; import side 5.49% - Rank within Sub-Chapter 8306: #7 of 8 by export value; import-side #5 ### Key metrics - Export CAGR: 44.11% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6802 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +165.13% in FY 2023-24 - Contribution to Sub-Ch. 8306: 1.56% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 83062920 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8306 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8306 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.43% | 2.32 | 0.0001% | — | 2.21% | −1.84 | #8208 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +22.92% | 0.47% | 1.97 | 0.0001% | −15.09% | 3.43% | −1.38 | #8069 | | FY 2020-21 | 1.18 | 0.0001% | +100.00% | 0.82% | < ₹1 Crore | 0.0000% | −65.99% | 3.29% | +0.51 | #7514 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −36.44% | 0.39% | < ₹1 Crore | 0.0000% | +28.36% | 1.85% | −0.11 | #8246 | | FY 2022-23 | 1.52 | 0.0000% | +102.67% | 0.74% | 1.29 | 0.0000% | +50.00% | 2.15% | +0.23 | #7724 | | FY 2023-24 | 4.03 | 0.0001% | +165.13% | 1.61% | 3.01 | 0.0001% | +133.33% | 4.05% | +1.02 | #6832 | | FY 2024-25 | 4.30 | 0.0001% | +6.70% | 1.56% | 4.19 | 0.0001% | +39.20% | 5.49% | +0.11 | #6802 | - CAGR (7-year): exports 44.11%/yr, imports 10.35%/yr (consistently Surplus) ## Key trade insights: HSN Code 83062920 export-import analysis ### Consistent export growth: 44.11% CAGR over 7 years India's exports under HSN Code 83062920 have grown at a compound annual rate of 44.11% over 7 fiscal years, rising from ₹0.48 Crore in FY 2018-19 to ₹4.30 Crore in FY 2024-25. ### HSN Code 83062920 ranked #6802 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 83062920 ranks #6802 out of 12657 HSN codes by total export value. Within Sub-Chapter 8306, it ranks #7 of 8. By trade surplus, it ranks #5224 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 83062920 exports The strongest single-year export movement for HSN Code 83062920 was recorded in FY 2023-24, when exports surged by 165.13% over the prior year. ### India maintains a trade surplus of ₹0.11 Crore in HSN Code 83062920 goods In FY 2024-25, India's exports of ₹4.30 Cr exceeded imports of ₹4.19 Cr, resulting in a trade surplus of ₹0.11 Crore — ranking #5224 of 12657 by surplus magnitude. ### Import growth of 10.35% CAGR signals rising demand for Statuettes and other ornaments India's imports under HSN Code 83062920 have grown at 10.35% CAGR, reaching ₹4.19 Crore in FY 2024-25. ### HSN Code 83062920 contributes 1.56% of Sub-Chapter 8306 exports — ranked #7 Among the 8 HSN codes under Sub-Chapter 8306, HSN Code 83062920 ranks #7 by export value — accounting for 1.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.49% share (rank #5). ## Related HSN Codes in Sub-Chapter 8306 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 83061000: Bells, gongs and the like](https://busy.in/hsn/hsn-83061000/) | ₹129 Cr | | #2 | [HSN Code 83063000: Photograph, picture or similar frames; mirrors](https://busy.in/hsn/hsn-83063000/) | ₹75 Cr | | #3 | [HSN Code 83062990: Statuettes and other ornaments : Other : Other](https://busy.in/hsn/hsn-83062990/) | ₹33 Cr | | #4 | [HSN Code 83062910: Statuettes](https://busy.in/hsn/hsn-83062910/) | ₹19 Cr | | #5 | [HSN Code 83062190: Plated statuettes and ornaments](https://busy.in/hsn/hsn-83062190/) | ₹7 Cr | | #6 | [HSN Code 83062110: Statuettes and other ornaments: Plated with precious metal: Statuettes](https://busy.in/hsn/hsn-83062110/) | ₹6 Cr | | #7 | HSN Code 83062920: Statuettes and other ornaments (this hsn code) | ₹4 Cr | | #8 | [HSN Code 83062120: Statuettes and other ornaments : Plated with precious metal : Trophies](https://busy.in/hsn/hsn-83062120/) | ₹2 Cr |