HSN Code 90129000: Parts and accessories

HSN Code 90129000 represents Parts and accessories under GST classification. This code helps businesses identify Parts and accessories correctly for billing, taxation, and trade. With HSN Code 90129000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Parts and accessories.

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Description of Goods for HSN Code 90129000

HSN Code 90129000 relates to the following description.

Description of Goods

Parts and accessories

Chapter

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

Sub Chapter

9012 - Microscopes other than optical microscopes; diffraction apparatus

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 90129000 not include?

Parts and accessories does not include products with the following descriptions.

Microscopes other than optical microscopes; diffraction apparatus : Electron microscopes fitted with equipment specifically designed for the handling and transport of semiconductor wafers or reticles

India’s Trade Performance — HSN Code 90129000 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

₹19 Cr

−18.00% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹50 Cr

+40.25% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹31 Cr

Trade Deficit

Surplus rank #9872 of 12657 HSN codes

% of Sub-Chapter 9012

FY 2024-25

78.99%

Share of Sub-Chapter 9012’s total exports in FY 2024-25

Import side: 8.65% of Sub-Chapter 9012’s imports

Rank Within Sub-Chapter 9012

FY 2024-25

#1 of 3

Position by export value among HSN codes in Sub-Chapter 9012

Import-side rank: #3 of 3

At a glance

15.45%

Export CAGR

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

#4986

National Export Rank

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

+55.78%

Peak Growth Year

FY 2021-22 · strongest single-year move

78.99%

Contribution to Sub-Ch. 9012

Share of Sub-Chapter 9012 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 90129000

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 #5303

Balance

−21.60

Exports

7.83 ₹ Cr

0.0003% share

YoY

33.43% of Sub-Ch. 9012

Imports

29.43 ₹ Cr

0.0008% share

YoY

9.79% of Sub-Ch. 9012

FY 2019-20 Exp. Rank #5132

Balance

−18.94

Exports

9.09 ₹ Cr

0.0004% share

+16.09% YoY

53.00% of Sub-Ch. 9012

Imports

28.03 ₹ Cr

0.0008% share

−4.76% YoY

10.16% of Sub-Ch. 9012

FY 2020-21 Exp. Rank #5047

Balance

−9.94

Exports

10.20 ₹ Cr

0.0005% share

+12.21% YoY

64.84% of Sub-Ch. 9012

Imports

20.14 ₹ Cr

0.0007% share

−28.15% YoY

11.65% of Sub-Ch. 9012

FY 2021-22 Exp. Rank #4898

Balance

−12.81

Exports

15.89 ₹ Cr

0.0005% share

+55.78% YoY

74.74% of Sub-Ch. 9012

Imports

28.70 ₹ Cr

0.0006% share

+42.50% YoY

11.85% of Sub-Ch. 9012

FY 2022-23 Exp. Rank #5044

Balance

−18.97

Exports

15.20 ₹ Cr

0.0004% share

−4.34% YoY

66.17% of Sub-Ch. 9012

Imports

34.17 ₹ Cr

0.0006% share

+19.06% YoY

12.25% of Sub-Ch. 9012

FY 2023-24 Exp. Rank #4590

Balance

−12.94

Exports

22.61 ₹ Cr

0.0006% share

+48.75% YoY

82.76% of Sub-Ch. 9012

Imports

35.55 ₹ Cr

0.0006% share

+4.04% YoY

11.45% of Sub-Ch. 9012

FY 2024-25 Exp. Rank #4986

Balance

−31.32

Exports

18.54 ₹ Cr

0.0005% share

−18.00% YoY

78.99% of Sub-Ch. 9012

Imports

49.86 ₹ Cr

0.0008% share

+40.25% YoY

8.65% of Sub-Ch. 9012

CAGR · 7-Year

Exports

15.45% /yr

Imports

9.18% /yr

Consistently Deficit
Sub-Chapter 9012 total

reference, FY 2024-25

Export

₹23.47 Cr

Import

₹576.53 Cr

Trade Balance

−553.06

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

Key Trade Insights: HSN Code 90129000 Export-Import Analysis

Consistent Export Growth: 15.45% CAGR Over 7 Years

India's exports under HSN Code 90129000 have grown at a compound annual rate of 15.45% over 7 fiscal years, rising from ₹7.83 Crore in FY 2018-19 to ₹18.54 Crore in FY 2024-25.

HSN Code 90129000 Ranked #4986 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 90129000 ranks #4986 out of 12657 HSN codes by total export value. Within Sub-Chapter 9012, it ranks #1 of 3. By trade surplus, it ranks #9872 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 90129000 Exports

The strongest single-year export movement for HSN Code 90129000 was recorded in FY 2021-22, when exports surged by 55.78% over the prior year.

India Records a Trade Deficit of ₹31.32 Crore in HSN Code 90129000 Goods

In FY 2024-25, India's imports of ₹49.86 Cr exceeded exports of ₹18.54 Cr, resulting in a trade deficit of ₹31.32 Crore — ranking #9872 of 12657 by surplus magnitude.

Import Growth of 9.18% CAGR Signals Stable Import Dependency for Parts and accessories

India's imports under HSN Code 90129000 have grown at 9.18% CAGR, reaching ₹49.86 Crore in FY 2024-25.

HSN Code 90129000 Contributes 78.99% of Sub-Chapter 9012 Exports — Ranked #1

Among the 3 HSN codes under Sub-Chapter 9012, HSN Code 90129000 ranks #1 by export value — accounting for 78.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.65% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90129000 and GST compliance.

What products are classified under HSN 90129000 ?

It includes Direction compasses

Any common misclassification issue with Parts and accessories?

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

Does packaging or labelling change the GST for Parts and accessories?

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 Parts and accessories is sold with other items?

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

Can we claim ITC on inputs used to trade Parts and accessories?

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

Do e‑way bill and e‑invoice apply for Parts and accessories?

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.