--- title: "HSN Code for Monocular and refracting telescopes | HSN 90058010 GST Rate" description: "Find HSN and GST Rates for 90058010 related to Monocular and refracting telescopes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-90058010/" --- # HSN Code 90058010: Monocular and refracting telescopes - [Section 18: Guide to HSN Section 18](https://busy.in/hsn/section-18/) - [Chapter 90: Optical & Medical Instruments](https://busy.in/hsn/chapter-90/) - [Sub-chapter 9005: Binoculars & optical telescopes](https://busy.in/hsn/sub-chapter-9005/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other instruments : Monocular and refracting telescopes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 90058010 ? It includes Underwater/Aerial/Medical/Forensic Cameras ### Can we claim ITC on inputs used to trade Monocular and refracting telescopes? 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 Monocular and refracting telescopes? 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 Monocular and refracting telescopes? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Monocular and refracting telescopes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monocular and refracting telescopes; Nil for exempt items if applicable). ### How much GST applies to Monocular and refracting telescopes? Under HSN 90058010, Monocular and refracting telescopes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Monocular and refracting telescopes? 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. ## India's trade performance: HSN Code 90058010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹15 Cr (−77.36% YoY) — 0.0004% of India's total exports - Imports: ₹11 Cr (+15.36% YoY) — 0.0002% of India's total imports - Trade balance: ₹4 Cr (Surplus); surplus rank #3886 of 12657 HSN codes - Share of Sub-Chapter 9005: 11.95% of its exports; import side 5.89% - Rank within Sub-Chapter 9005: #3 of 7 by export value; import-side #4 ### Key metrics - Export CAGR: 51.41% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5298 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +7,660.24% in FY 2023-24 - Contribution to Sub-Ch. 9005: 11.95% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 90058010 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. 9005 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9005 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.21 | 0.0001% | — | 2.44% | 4.90 | 0.0001% | — | 12.05% | −3.69 | #7447 | | FY 2019-20 | 1.11 | 0.0001% | −8.26% | 5.27% | 1.56 | 0.0000% | −68.16% | 1.81% | −0.45 | #7503 | | FY 2020-21 | 15.97 | 0.0007% | +1,338.74% | 33.02% | 3.34 | 0.0001% | +114.10% | 2.11% | +12.63 | #4506 | | FY 2021-22 | 16.14 | 0.0005% | +1.06% | 23.96% | 4.72 | 0.0001% | +41.32% | 9.23% | +11.42 | #4876 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −94.86% | 2.59% | 5.18 | 0.0001% | +9.75% | 9.28% | −4.35 | #8263 | | FY 2023-24 | 64.41 | 0.0018% | +7,660.24% | 75.01% | 9.31 | 0.0002% | +79.73% | 13.77% | +55.10 | #3185 | | FY 2024-25 | 14.58 | 0.0004% | −77.36% | 11.95% | 10.74 | 0.0002% | +15.36% | 5.89% | +3.84 | #5298 | - CAGR (7-year): exports 51.41%/yr, imports 13.97%/yr (consistently Surplus) ## Key trade insights: HSN Code 90058010 export-import analysis ### Consistent export growth: 51.41% CAGR over 7 years India's exports under HSN Code 90058010 have grown at a compound annual rate of 51.41% over 7 fiscal years, rising from ₹1.21 Crore in FY 2018-19 to ₹14.58 Crore in FY 2024-25. ### HSN Code 90058010 ranked #5298 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 90058010 ranks #5298 out of 12657 HSN codes by total export value. Within Sub-Chapter 9005, it ranks #3 of 7. By trade surplus, it ranks #3886 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 90058010 exports The strongest single-year export movement for HSN Code 90058010 was recorded in FY 2023-24, when exports surged by 7,660.24% over the prior year. ### India maintains a trade surplus of ₹3.84 Crore in HSN Code 90058010 goods In FY 2024-25, India's exports of ₹14.58 Cr exceeded imports of ₹10.74 Cr, resulting in a trade surplus of ₹3.84 Crore — ranking #3886 of 12657 by surplus magnitude. ### Import growth of 13.97% CAGR signals rising demand for Monocular and refracting telescopes India's imports under HSN Code 90058010 have grown at 13.97% CAGR, reaching ₹10.74 Crore in FY 2024-25. ### HSN Code 90058010 contributes 11.95% of Sub-Chapter 9005 exports — ranked #3 Among the 7 HSN codes under Sub-Chapter 9005, HSN Code 90058010 ranks #3 by export value — accounting for 11.95% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.89% share (rank #4). ## Related HSN Codes in Sub-Chapter 9005 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 90051000: Binoculars](https://busy.in/hsn/hsn-90051000/) | ₹68 Cr | | #2 | [HSN Code 90059090: Accessories for ophthalmic instruments](https://busy.in/hsn/hsn-90059090/) | ₹38 Cr | | #3 | HSN Code 90058010: Monocular and refracting telescopes (this hsn code) | ₹15 Cr | | #4 | [HSN Code 90058090: Other Instruments \| Other](https://busy.in/hsn/hsn-90058090/) | ₹2 Cr | | #5 | [HSN Code 90059010: Binocular/Telescope Parts (Non-Mountings)](https://busy.in/hsn/hsn-90059010/) | < ₹1 Crore | | #6 | [HSN Code 90058020: Other instruments : Astronomical instruments](https://busy.in/hsn/hsn-90058020/) | < ₹1 Crore | | — | [HSN Code 90059020: Mountings for Astronomical Instruments](https://busy.in/hsn/hsn-90059020/) | Nil |