--- title: "HSN Code for Statuettes and other ornaments : Other : Other | HSN 83062990 GST Rate" description: "Find HSN and GST Rates for 83062990 related to Statuettes and other ornaments : Other : Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-83062990/" --- # HSN Code 83062990: Statuettes and other ornaments : Other : Other - [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 : Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 83062990 ? It includes High Tenacity Yarn Of Polyesters | Other ### Any common misclassification issue with Statuettes and other ornaments : Other : Other? 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 : Other : Other? 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. ### Does packaging or labelling change the GST for Statuettes and other ornaments : Other : Other? 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. ### Can we claim ITC on inputs used to trade Statuettes and other ornaments : Other : Other? 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 Statuettes and other ornaments : Other : Other? Under HSN 83062990, Statuettes and other ornaments : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 83062990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹33 Cr (−12.02% YoY) — 0.0009% of India's total exports - Imports: ₹38 Cr (+28.10% YoY) — 0.0006% of India's total imports - Trade balance: −₹6 Cr (Deficit); surplus rank #8707 of 12657 HSN codes - Share of Sub-Chapter 8306: 11.80% of its exports; import side 50.33% - Rank within Sub-Chapter 8306: #3 of 8 by export value; import-side #1 ### Key metrics - Export CAGR: 8.68% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4212 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +82.47% in FY 2023-24 - Contribution to Sub-Ch. 8306: 11.80% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 83062990 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 | 19.73 | 0.0009% | — | 17.61% | 29.86 | 0.0008% | — | 28.44% | −10.13 | #4126 | | FY 2019-20 | 20.08 | 0.0009% | +1.77% | 15.84% | 25.58 | 0.0008% | −14.33% | 44.58% | −5.50 | #4099 | | FY 2020-21 | 16.48 | 0.0008% | −17.93% | 11.49% | 10.30 | 0.0004% | −59.73% | 50.52% | +6.18 | #4458 | | FY 2021-22 | 24.49 | 0.0008% | +48.60% | 12.75% | 21.65 | 0.0005% | +110.19% | 46.55% | +2.84 | #4316 | | FY 2022-23 | 20.25 | 0.0006% | −17.31% | 9.91% | 30.06 | 0.0005% | +38.85% | 50.06% | −9.81 | #4654 | | FY 2023-24 | 36.95 | 0.0010% | +82.47% | 14.74% | 29.96 | 0.0005% | −0.33% | 40.29% | +6.99 | #3955 | | FY 2024-25 | 32.51 | 0.0009% | −12.02% | 11.80% | 38.38 | 0.0006% | +28.10% | 50.33% | −5.87 | #4212 | - CAGR (7-year): exports 8.68%/yr, imports 4.27%/yr (consistently Deficit) ## Key trade insights: HSN Code 83062990 export-import analysis ### Consistent export growth: 8.68% CAGR over 7 years India's exports under HSN Code 83062990 have grown at a compound annual rate of 8.68% over 7 fiscal years, rising from ₹19.73 Crore in FY 2018-19 to ₹32.51 Crore in FY 2024-25. ### HSN Code 83062990 ranked #4212 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 83062990 ranks #4212 out of 12657 HSN codes by total export value. Within Sub-Chapter 8306, it ranks #3 of 8. By trade surplus, it ranks #8707 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 83062990 exports The strongest single-year export movement for HSN Code 83062990 was recorded in FY 2023-24, when exports surged by 82.47% over the prior year. ### India records a trade deficit of ₹5.87 Crore in HSN Code 83062990 goods In FY 2024-25, India's imports of ₹38.38 Cr exceeded exports of ₹32.51 Cr, resulting in a trade deficit of ₹5.87 Crore — ranking #8707 of 12657 by surplus magnitude. ### Import growth of 4.27% CAGR signals stable import dependency for Statuettes and other ornaments : Other : Other India's imports under HSN Code 83062990 have grown at 4.27% CAGR, reaching ₹38.38 Crore in FY 2024-25. ### HSN Code 83062990 contributes 11.80% of Sub-Chapter 8306 exports — ranked #3 Among the 8 HSN codes under Sub-Chapter 8306, HSN Code 83062990 ranks #3 by export value — accounting for 11.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.33% share (rank #1). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-83062920/) | ₹4 Cr | | #8 | [HSN Code 83062120: Statuettes and other ornaments : Plated with precious metal : Trophies](https://busy.in/hsn/hsn-83062120/) | ₹2 Cr |