HSN Code 90058010: Monocular and refracting telescopes

HSN Code 90058010 represents Monocular and refracting telescopes under GST classification. This code helps businesses identify Monocular and refracting telescopes correctly for billing, taxation, and trade. With HSN Code 90058010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monocular and refracting telescopes.

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Description of Goods for HSN Code 90058010

HSN Code 90058010 relates to the following description.

Description of Goods

Other instruments : Monocular and refracting telescopes

Chapter

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

Sub Chapter

9005 - Binoculars, monoculars, other optical telescopes, and mountings therefor; other astronomical instruments and mountings therefor, but not including instruments for radio-astronom

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 90058010 not include?

Monocular and refracting telescopes does not include products with the following descriptions.

Parts and accessories (including mountings) : Of binocular or telescopes of heading 9005, other than mountings

Parts and accessories (including mountings) : Mountings for astronomical instruments

India’s Trade Performance — HSN Code 90058010 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

₹15 Cr

−77.36% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

+15.36% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹4 Cr

Trade Surplus

Surplus rank #3886 of 12657 HSN codes

% of Sub-Chapter 9005

FY 2024-25

11.95%

Share of Sub-Chapter 9005’s total exports in FY 2024-25

Import side: 5.89% of Sub-Chapter 9005’s imports

Rank Within Sub-Chapter 9005

FY 2024-25

#3 of 7

Position by export value among HSN codes in Sub-Chapter 9005

Import-side rank: #4 of 7

At a glance

51.41%

Export CAGR

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

#5298

National Export Rank

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

+7,660.24%

Peak Growth Year

FY 2023-24 · strongest single-year move

11.95%

Contribution to Sub-Ch. 9005

Share of Sub-Chapter 9005 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #7447

Balance

−3.69

Exports

1.21 ₹ Cr

0.0001% share

YoY

2.44% of Sub-Ch. 9005

Imports

4.90 ₹ Cr

0.0001% share

YoY

12.05% of Sub-Ch. 9005

FY 2019-20 Exp. Rank #7503

Balance

−0.45

Exports

1.11 ₹ Cr

0.0001% share

−8.26% YoY

5.27% of Sub-Ch. 9005

Imports

1.56 ₹ Cr

0.0000% share

−68.16% YoY

1.81% of Sub-Ch. 9005

FY 2020-21 Exp. Rank #4506

Balance

+12.63

Exports

15.97 ₹ Cr

0.0007% share

+1,338.74% YoY

33.02% of Sub-Ch. 9005

Imports

3.34 ₹ Cr

0.0001% share

+114.10% YoY

2.11% of Sub-Ch. 9005

FY 2021-22 Exp. Rank #4876

Balance

+11.42

Exports

16.14 ₹ Cr

0.0005% share

+1.06% YoY

23.96% of Sub-Ch. 9005

Imports

4.72 ₹ Cr

0.0001% share

+41.32% YoY

9.23% of Sub-Ch. 9005

FY 2022-23 Exp. Rank #8263

Balance

−4.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.86% YoY

2.59% of Sub-Ch. 9005

Imports

5.18 ₹ Cr

0.0001% share

+9.75% YoY

9.28% of Sub-Ch. 9005

FY 2023-24 Exp. Rank #3185

Balance

+55.10

Exports

64.41 ₹ Cr

0.0018% share

+7,660.24% YoY

75.01% of Sub-Ch. 9005

Imports

9.31 ₹ Cr

0.0002% share

+79.73% YoY

13.77% of Sub-Ch. 9005

FY 2024-25 Exp. Rank #5298

Balance

+3.84

Exports

14.58 ₹ Cr

0.0004% share

−77.36% YoY

11.95% of Sub-Ch. 9005

Imports

10.74 ₹ Cr

0.0002% share

+15.36% YoY

5.89% of Sub-Ch. 9005

CAGR · 7-Year

Exports

51.41% /yr

Imports

13.97% /yr

Consistently Surplus
Sub-Chapter 9005 total

reference, FY 2024-25

Export

₹122.04 Cr

Import

₹182.47 Cr

Trade Balance

−60.43

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90058010 and GST compliance.

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.

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.