HSN Code 90058020: Other instruments : Astronomical instruments

HSN Code 90058020 represents Other instruments : Astronomical instruments under GST classification. This code helps businesses identify Other instruments : Astronomical instruments correctly for billing, taxation, and trade. With HSN Code 90058020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other instruments : Astronomical instruments.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 90058020

HSN Code 90058020 relates to the following description.

Description of Goods

Other instruments : Astronomical instruments

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 90058020 not include?

Other instruments : Astronomical instruments 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 90058020 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

< ₹1 Crore

+400.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−94.44% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5420 of 12657 HSN codes

% of Sub-Chapter 9005

FY 2024-25

0.04%

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

Import side: 0.01% of Sub-Chapter 9005’s imports

Rank Within Sub-Chapter 9005

FY 2024-25

#6 of 7

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

Import-side rank: #7 of 7

At a glance

−9.33%

Export CAGR

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

#10034

National Export Rank

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

+400.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.04%

Contribution to Sub-Ch. 9005

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

India Export-Import Trade Statistics for HSN Code 90058020

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 #9231

Balance

−0.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.18% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.23% of Sub-Ch. 9005

FY 2019-20 Exp. Rank #9335

Balance

−0.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−22.22% YoY

0.33% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−68.00% YoY

0.19% of Sub-Ch. 9005

FY 2020-21

Balance

−0.13

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.75% YoY

0.08% of Sub-Ch. 9005

FY 2021-22

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−53.85% YoY

0.12% of Sub-Ch. 9005

FY 2022-23

Balance

−0.01

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−83.33% YoY

0.02% of Sub-Ch. 9005

FY 2023-24 Exp. Rank #10473

Balance

−0.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,700.00% YoY

0.27% of Sub-Ch. 9005

FY 2024-25 Exp. Rank #10034

Balance

+0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.04% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−94.44% YoY

0.01% of Sub-Ch. 9005

CAGR · 7-Year

Exports

−9.33% /yr

Imports

−47.90% /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 90058020 Export-Import Analysis

Export Decline: −9.33% CAGR Over 7 Years

India's exports under HSN Code 90058020 have declined at a compound annual rate of −9.33% over 7 fiscal years, falling from ₹0.09 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25.

HSN Code 90058020 Ranked #10034 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 90058020 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 9005, it ranks #6 of 7. By trade surplus, it ranks #5420 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 90058020 Exports

The strongest single-year export movement for HSN Code 90058020 was recorded in FY 2024-25, when exports surged by 400.00% over the prior year.

India Maintains a Trade Surplus of ₹0.04 Crore in HSN Code 90058020 Goods

In FY 2024-25, India's exports of ₹0.05 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.04 Crore — ranking #5420 of 12657 by surplus magnitude.

Import Growth of −47.90% CAGR Signals Stable Import Dependency for Other instruments : Astronomical instruments

India's imports under HSN Code 90058020 have grown at −47.90% CAGR, reaching ₹0.01 Crore in FY 2024-25.

HSN Code 90058020 Contributes 0.04% of Sub-Chapter 9005 Exports — Ranked #6

Among the 7 HSN codes under Sub-Chapter 9005, HSN Code 90058020 ranks #6 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #7).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 90058020 and GST compliance.

What products are classified under HSN 90058020 ?

It includes Instant Print Cameras

Do e‑way bill and e‑invoice apply for Other instruments : Astronomical instruments?

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.

Any common misclassification issue with Other instruments : Astronomical instruments?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Other instruments : Astronomical instruments?

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 Other instruments : Astronomical instruments?

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.

How should mixed supplies be billed when Other instruments : Astronomical instruments is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other instruments : Astronomical instruments; Nil for exempt items if applicable).

How much GST applies to Other instruments : Astronomical instruments?

Under HSN 90058020, Other instruments : Astronomical instruments attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.