--- title: "HSN Code for Speed indicators and tachometers | HSN 90292090 GST Rate" description: "Find HSN and GST Rates for 90292090 related to Speed indicators and tachometers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-90292090/" --- # HSN Code 90292090: Speed indicators and tachometers - [Section 18: Guide to HSN Section 18](https://busy.in/hsn/section-18/) - [Chapter 90: Optical & Medical Instruments](https://busy.in/hsn/chapter-90/) - [Sub-chapter 9029: Taximeters and counters](https://busy.in/hsn/sub-chapter-9029/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Speed indicators and tachometers; stroboscopes : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 90292090 ? It includes Other Measuring Instruments (No Recorder) ### Can we claim ITC on inputs used to trade Speed indicators and tachometers? 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 Speed indicators and tachometers? 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 Speed indicators and tachometers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Speed indicators and tachometers; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Speed indicators and tachometers? 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. ### How much GST applies to Speed indicators and tachometers? Under HSN 90292090, Speed indicators and tachometers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 90292090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹308 Cr (+17.62% YoY) — 0.0084% of India's total exports - Imports: ₹151 Cr (−4.59% YoY) — 0.0025% of India's total imports - Trade balance: ₹156 Cr (Surplus); surplus rank #1313 of 12657 HSN codes - Share of Sub-Chapter 9029: 76.39% of its exports; import side 34.87% - Rank within Sub-Chapter 9029: #1 of 7 by export value; import-side #1 ### Key metrics - Export CAGR: 9.74% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1413 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +44.46% in FY 2019-20 - Contribution to Sub-Ch. 9029: 76.39% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 90292090 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 9029 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9029 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 176.26 | 0.0077% | — | 65.25% | 63.57 | 0.0018% | — | 13.33% | +112.69 | #1438 | | FY 2019-20 | 254.62 | 0.0116% | +44.46% | 68.28% | 57.19 | 0.0017% | −10.04% | 12.93% | +197.43 | #1127 | | FY 2020-21 | 272.88 | 0.0127% | +7.17% | 63.93% | 70.64 | 0.0024% | +23.52% | 17.71% | +202.24 | #1092 | | FY 2021-22 | 260.71 | 0.0083% | −4.46% | 59.51% | 89.04 | 0.0019% | +26.05% | 23.10% | +171.67 | #1394 | | FY 2022-23 | 270.55 | 0.0075% | +3.77% | 65.22% | 145.12 | 0.0025% | +62.98% | 36.63% | +125.43 | #1424 | | FY 2023-24 | 261.68 | 0.0072% | −3.28% | 75.98% | 158.73 | 0.0028% | +9.38% | 37.14% | +102.95 | #1503 | | FY 2024-25 | 307.79 | 0.0084% | +17.62% | 76.39% | 151.44 | 0.0025% | −4.59% | 34.87% | +156.35 | #1413 | - CAGR (7-year): exports 9.74%/yr, imports 15.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 90292090 export-import analysis ### Consistent export growth: 9.74% CAGR over 7 years India's exports under HSN Code 90292090 have grown at a compound annual rate of 9.74% over 7 fiscal years, rising from ₹176.26 Crore in FY 2018-19 to ₹307.79 Crore in FY 2024-25. ### HSN Code 90292090 ranked #1413 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 90292090 ranks #1413 out of 12657 HSN codes by total export value. Within Sub-Chapter 9029, it ranks #1 of 7. By trade surplus, it ranks #1313 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 90292090 exports The strongest single-year export movement for HSN Code 90292090 was recorded in FY 2019-20, when exports surged by 44.46% over the prior year. ### India maintains a trade surplus of ₹156.35 Crore in HSN Code 90292090 goods In FY 2024-25, India's exports of ₹307.79 Cr exceeded imports of ₹151.44 Cr, resulting in a trade surplus of ₹156.35 Crore — ranking #1313 of 12657 by surplus magnitude. ### Import growth of 15.57% CAGR signals rising demand for Speed indicators and tachometers India's imports under HSN Code 90292090 have grown at 15.57% CAGR, reaching ₹151.44 Crore in FY 2024-25. ### HSN Code 90292090 contributes 76.39% of Sub-Chapter 9029 exports — ranked #1 Among the 7 HSN codes under Sub-Chapter 9029, HSN Code 90292090 ranks #1 by export value — accounting for 76.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 34.87% share (rank #1). ## Related HSN Codes in Sub-Chapter 9029 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 90292090: Speed indicators and tachometers (this hsn code) | ₹308 Cr | | #2 | [HSN Code 90299000: Parts And Accessories](https://busy.in/hsn/hsn-90299000/) | ₹48 Cr | | #3 | [HSN Code 90292020: Non-Electric Speedometers, Tachometers & Stroboscopes](https://busy.in/hsn/hsn-90292020/) | ₹19 Cr | | #4 | [HSN Code 90291090: Other Revolution/Production Counters](https://busy.in/hsn/hsn-90291090/) | ₹17 Cr | | #5 | [HSN Code 90292010: Non-Electrical Tachometers, Speed Indicators & Stroboscopes](https://busy.in/hsn/hsn-90292010/) | ₹10 Cr | | #6 | [HSN Code 90292030: Speed indicators: Stroboscopes](https://busy.in/hsn/hsn-90292030/) | < ₹1 Crore | | #7 | [HSN Code 90291010: Revolution Counters & Speed Indicators](https://busy.in/hsn/hsn-90291010/) | < ₹1 Crore |