HSN Code 90059010: Binocular/Telescope Parts (Non-Mountings)

HSN Code 90059010 represents Binocular/Telescope Parts (Non-Mountings) under GST classification. This code helps businesses identify Binocular/Telescope Parts (Non-Mountings) correctly for billing, taxation, and trade. With HSN Code 90059010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Binocular/Telescope Parts (Non-Mountings).

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Description of Goods for HSN Code 90059010

HSN Code 90059010 relates to the following description.

Description of Goods

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

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 90059010 not include?

Binocular/Telescope Parts (Non-Mountings) does not include products with the following descriptions.

HSN Code 90059020

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

India’s Trade Performance — HSN Code 90059010 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

−81.48% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+90.16% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8420 of 12657 HSN codes

% of Sub-Chapter 9005

FY 2024-25

0.08%

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

Import side: 1.91% of Sub-Chapter 9005’s imports

Rank Within Sub-Chapter 9005

FY 2024-25

#5 of 7

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

Import-side rank: #5 of 7

At a glance

−36.39%

Export CAGR

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

#9754

National Export Rank

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

+185.44%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.08%

Contribution to Sub-Ch. 9005

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

India Export-Import Trade Statistics for HSN Code 90059010

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 #7234

Balance

+1.46

Exports

1.51 ₹ Cr

0.0001% share

— YoY

3.04% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.12% of Sub-Ch. 9005

FY 2019-20 Exp. Rank #7151

Balance

+1.32

Exports

1.60 ₹ Cr

0.0001% share

+5.96% YoY

7.60% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+460.00% YoY

0.33% of Sub-Ch. 9005

FY 2020-21 Exp. Rank #8395

Balance

+0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.83% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−64.29% YoY

0.06% of Sub-Ch. 9005

FY 2021-22 Exp. Rank #7946

Balance

+0.73

Exports

1.03 ₹ Cr

0.0000% share

+157.50% YoY

1.53% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.59% of Sub-Ch. 9005

FY 2022-23 Exp. Rank #7024

Balance

+2.53

Exports

2.94 ₹ Cr

0.0001% share

+185.44% YoY

9.17% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+36.67% YoY

0.73% of Sub-Ch. 9005

FY 2023-24 Exp. Rank #8736

Balance

−1.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.63% YoY

0.63% of Sub-Ch. 9005

Imports

1.83 ₹ Cr

0.0000% share

+346.34% YoY

2.71% of Sub-Ch. 9005

FY 2024-25 Exp. Rank #9754

Balance

−3.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.48% YoY

0.08% of Sub-Ch. 9005

Imports

3.48 ₹ Cr

0.0001% share

+90.16% YoY

1.91% of Sub-Ch. 9005

CAGR · 7-Year

Exports

−36.39% /yr

Imports

102.82% /yr

Consistently Deficit
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 90059010 Export-Import Analysis

Export Decline: −36.39% CAGR Over 7 Years

India's exports under HSN Code 90059010 have declined at a compound annual rate of −36.39% over 7 fiscal years, falling from ₹1.51 Crore in FY 2018-19 to ₹0.10 Crore in FY 2024-25.

HSN Code 90059010 Ranked #9754 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 90059010 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 9005, it ranks #5 of 7. By trade surplus, it ranks #8420 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 90059010 Exports

The strongest single-year export movement for HSN Code 90059010 was recorded in FY 2022-23, when exports surged by 185.44% over the prior year.

India Records a Trade Deficit of ₹3.38 Crore in HSN Code 90059010 Goods

In FY 2024-25, India's imports of ₹3.48 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹3.38 Crore — ranking #8420 of 12657 by surplus magnitude.

Import Growth of 102.82% CAGR Signals Rising Demand for Binocular/Telescope Parts (Non-Mountings)

India's imports under HSN Code 90059010 have grown at 102.82% CAGR, reaching ₹3.48 Crore in FY 2024-25.

HSN Code 90059010 Contributes 0.08% of Sub-Chapter 9005 Exports — Ranked #5

Among the 7 HSN codes under Sub-Chapter 9005, HSN Code 90059010 ranks #5 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.91% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90059010 and GST compliance.

What products are classified under HSN 90059010 ?

It includes Cameras for roll film

Does packaging or labelling change the GST for Binocular/Telescope Parts (Non-Mountings)?

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.

Do e‑way bill and e‑invoice apply for Binocular/Telescope Parts (Non-Mountings)?

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.

Can we claim ITC on inputs used to trade Binocular/Telescope Parts (Non-Mountings)?

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

Any common misclassification issue with Binocular/Telescope Parts (Non-Mountings)?

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

How much GST applies to Binocular/Telescope Parts (Non-Mountings)?

Under HSN 90059010, Binocular/Telescope Parts (Non-Mountings) 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.