HSN Code 90029000: Optical Elements & Fittings

HSN Code 90029000 represents Optical Elements & Fittings under GST classification. This code helps businesses identify Optical Elements & Fittings correctly for billing, taxation, and trade. With HSN Code 90029000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Optical Elements & Fittings .

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Description of Goods for HSN Code 90029000

HSN Code 90029000 relates to the following description.

Description of Goods

Other

Chapter

90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

Sub Chapter

9002 - Lenses, prisms, mirrors and other optical elements, of any material, mounted, being parts of or fittings for instruments or apparatus, other than such elements of glass not optically worked

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 90029000 not include?

Optical Elements & Fittings does not include products with the following descriptions.

Objective lenses : For cameras, projectors or photographic enlargers or reducers

India’s Trade Performance — HSN Code 90029000 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

₹78 Cr

−1.56% vs FY 2023-24

0.0021% of India’s total exports

India’s Imports

FY 2024-25

₹232 Cr

+46.20% vs FY 2023-24

0.0038% of India’s total imports

Trade Balance

FY 2024-25

−₹154 Cr

Trade Deficit

Surplus rank #11124 of 12657 HSN codes

% of Sub-Chapter 9002

FY 2024-25

32.98%

Share of Sub-Chapter 9002’s total exports in FY 2024-25

Import side: 14.74% of Sub-Chapter 9002’s imports

Rank Within Sub-Chapter 9002

FY 2024-25

#2 of 4

Position by export value among HSN codes in Sub-Chapter 9002

Import-side rank: #2 of 4

At a glance

13.56%

Export CAGR

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

#3003

National Export Rank

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

+155.29%

Peak Growth Year

FY 2019-20 · strongest single-year move

32.98%

Contribution to Sub-Ch. 9002

Share of Sub-Chapter 9002 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 90029000

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 #3313

Balance

−36.75

Exports

36.48 ₹ Cr

0.0016% share

YoY

23.43% of Sub-Ch. 9002

Imports

73.23 ₹ Cr

0.0020% share

YoY

10.31% of Sub-Ch. 9002

FY 2019-20 Exp. Rank #2090

Balance

+5.99

Exports

93.13 ₹ Cr

0.0042% share

+155.29% YoY

50.72% of Sub-Ch. 9002

Imports

87.14 ₹ Cr

0.0026% share

+18.99% YoY

11.98% of Sub-Ch. 9002

FY 2020-21 Exp. Rank #3071

Balance

−26.20

Exports

45.78 ₹ Cr

0.0021% share

−50.84% YoY

35.67% of Sub-Ch. 9002

Imports

71.98 ₹ Cr

0.0025% share

−17.40% YoY

9.92% of Sub-Ch. 9002

FY 2021-22 Exp. Rank #3581

Balance

−28.33

Exports

42.84 ₹ Cr

0.0014% share

−6.42% YoY

29.89% of Sub-Ch. 9002

Imports

71.17 ₹ Cr

0.0016% share

−1.13% YoY

7.81% of Sub-Ch. 9002

FY 2022-23 Exp. Rank #3366

Balance

−45.89

Exports

54.26 ₹ Cr

0.0015% share

+26.66% YoY

31.69% of Sub-Ch. 9002

Imports

100.15 ₹ Cr

0.0017% share

+40.72% YoY

8.39% of Sub-Ch. 9002

FY 2023-24 Exp. Rank #2876

Balance

−79.16

Exports

79.47 ₹ Cr

0.0022% share

+46.46% YoY

22.11% of Sub-Ch. 9002

Imports

158.63 ₹ Cr

0.0028% share

+58.39% YoY

10.56% of Sub-Ch. 9002

FY 2024-25 Exp. Rank #3003

Balance

−153.69

Exports

78.23 ₹ Cr

0.0021% share

−1.56% YoY

32.98% of Sub-Ch. 9002

Imports

231.92 ₹ Cr

0.0038% share

+46.20% YoY

14.74% of Sub-Ch. 9002

CAGR · 7-Year

Exports

13.56% /yr

Imports

21.18% /yr

Consistently Deficit
Sub-Chapter 9002 total

reference, FY 2024-25

Export

₹237.22 Cr

Import

₹1,573.74 Cr

Trade Balance

−1,336.52

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

Key Trade Insights: HSN Code 90029000 Export-Import Analysis

Consistent Export Growth: 13.56% CAGR Over 7 Years

India's exports under HSN Code 90029000 have grown at a compound annual rate of 13.56% over 7 fiscal years, rising from ₹36.48 Crore in FY 2018-19 to ₹78.23 Crore in FY 2024-25.

HSN Code 90029000 Ranked #3003 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 90029000 ranks #3003 out of 12657 HSN codes by total export value. Within Sub-Chapter 9002, it ranks #2 of 4. By trade surplus, it ranks #11124 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 90029000 Exports

The strongest single-year export movement for HSN Code 90029000 was recorded in FY 2019-20, when exports surged by 155.29% over the prior year.

India Records a Trade Deficit of ₹153.69 Crore in HSN Code 90029000 Goods

In FY 2024-25, India's imports of ₹231.92 Cr exceeded exports of ₹78.23 Cr, resulting in a trade deficit of ₹153.69 Crore — ranking #11124 of 12657 by surplus magnitude.

Import Growth of 21.18% CAGR Signals Rising Demand for Optical Elements & Fittings

India's imports under HSN Code 90029000 have grown at 21.18% CAGR, reaching ₹231.92 Crore in FY 2024-25.

HSN Code 90029000 Contributes 32.98% of Sub-Chapter 9002 Exports — Ranked #2

Among the 4 HSN codes under Sub-Chapter 9002, HSN Code 90029000 ranks #2 by export value — accounting for 32.98% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.74% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90029000 and GST compliance.

What products are classified under HSN 90029000 ?

It includes Other : Other (those for correcting vision)

Can we claim ITC on inputs used to trade Optical Elements & Fittings?

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

Do e‑way bill and e‑invoice apply for Optical Elements & Fittings?

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 Optical Elements & Fittings?

Under HSN 90029000, Optical Elements & Fittings attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Optical Elements & Fittings is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Optical Elements & Fittings; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Optical Elements & Fittings?

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.