HSN Code 90059020: Mountings for Astronomical Instruments

HSN Code 90059020 represents Mountings for Astronomical Instruments under GST classification. This code helps businesses identify Mountings for Astronomical Instruments correctly for billing, taxation, and trade. With HSN Code 90059020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mountings for Astronomical Instruments.

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Description of Goods for HSN Code 90059020

HSN Code 90059020 relates to the following description.

Description of Goods

Parts and accessories (including mountings) : Mountings for 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 90059020 not include?

Mountings for 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

India’s Trade Performance — HSN Code 90059020 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−16.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7267 of 12657 HSN codes

% of Sub-Chapter 9005

FY 2024-25

0.00%

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

Import side: 0.03% of Sub-Chapter 9005’s imports

At a glance

0.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 9005

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

India Export-Import Trade Statistics for HSN Code 90059020

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

Balance

−0.15

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.37% of Sub-Ch. 9005

FY 2019-20

Balance

−0.09

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.10% of Sub-Ch. 9005

FY 2020-21

Balance

−0.72

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+700.00% YoY

0.45% of Sub-Ch. 9005

FY 2021-22

Balance

−0.71

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−1.39% YoY

1.39% of Sub-Ch. 9005

FY 2022-23 Exp. Rank #10292

Balance

−0.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−36.62% YoY

0.81% of Sub-Ch. 9005

FY 2023-24 Exp. Rank #10473

Balance

−0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.67% YoY

0.09% of Sub-Ch. 9005

FY 2024-25

Balance

−0.05

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−16.67% YoY

0.03% of Sub-Ch. 9005

CAGR · 7-Year

Exports

Imports

−16.73% /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 90059020 Export-Import Analysis

Export Snapshot for HSN Code 90059020

India exported ₹0.00 Crore worth of Mountings for Astronomical Instruments in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 90059020 Exports

The strongest single-year export movement for HSN Code 90059020 was recorded in FY 2023-24, when exports surged by 0.00% over the prior year.

India Records a Trade Deficit of ₹0.05 Crore in HSN Code 90059020 Goods

In FY 2024-25, India's imports of ₹0.05 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.05 Crore — ranking #7267 of 12657 by surplus magnitude.

Import Growth of −16.73% CAGR Signals Stable Import Dependency for Mountings for Astronomical Instruments

India's imports under HSN Code 90059020 have grown at −16.73% CAGR, reaching ₹0.05 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90059020 and GST compliance.

What products are classified under HSN 90059020 ?

It includes Fixed focus 110 mm cameras

Can we claim ITC on inputs used to trade Mountings for 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.

Any common misclassification issue with Mountings for 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.

How should mixed supplies be billed when Mountings for Astronomical Instruments is sold with other items?

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

Does packaging or labelling change the GST for Mountings for 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.

Do e‑way bill and e‑invoice apply for Mountings for 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.

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.