HSN Code 90299000: Parts And Accessories

HSN Code 90299000 represents Parts And Accessories under GST classification. This code helps businesses identify Parts And Accessories correctly for billing, taxation, and trade. With HSN Code 90299000, 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 90299000

HSN Code 90299000 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

9029 - Revolution counters, production counters, taximeters, mileometers, pedometers and the like; speed indicators and tachometers, other than those of heading 9014 or 9015; stroboscopes

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 90299000 not include?

Parts And Accessories does not include products with the following descriptions.

HSN Code 90291010

Revolution counters, production counters, taximeters, mileometers, pedometers and the like : Taximeters

HSN Code 90291090

Revolution counters, production counters, taximeters, mileometers, pedometers and the like : Other

HSN Code 90292010

Speed indicators and tachometers; stroboscopes : Tachometers, non-electrical

HSN Code 90292020

Speed indicators and tachometers; stroboscopes : Speedometers, non-electrical

India’s Trade Performance — HSN Code 90299000 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

₹48 Cr

+35.50% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹122 Cr

−15.24% vs FY 2023-24

0.0020% of India’s total imports

Trade Balance

FY 2024-25

−₹74 Cr

Trade Deficit

Surplus rank #10555 of 12657 HSN codes

% of Sub-Chapter 9029

FY 2024-25

11.88%

Share of Sub-Chapter 9029’s total exports in FY 2024-25

Import side: 28.11% of Sub-Chapter 9029’s imports

Rank Within Sub-Chapter 9029

FY 2024-25

#2 of 7

Position by export value among HSN codes in Sub-Chapter 9029

Import-side rank: #2 of 7

At a glance

12.15%

Export CAGR

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

#3685

National Export Rank

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

+105.05%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.88%

Contribution to Sub-Ch. 9029

Share of Sub-Chapter 9029 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 90299000

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 #3868

Balance

−338.36

Exports

24.05 ₹ Cr

0.0011% share

— YoY

8.90% of Sub-Ch. 9029

Imports

362.41 ₹ Cr

0.0101% share

— YoY

76.01% of Sub-Ch. 9029

FY 2019-20 Exp. Rank #4193

Balance

−320.37

Exports

18.91 ₹ Cr

0.0009% share

−21.37% YoY

5.07% of Sub-Ch. 9029

Imports

339.28 ₹ Cr

0.0101% share

−6.38% YoY

76.71% of Sub-Ch. 9029

FY 2020-21 Exp. Rank #4321

Balance

−273.82

Exports

18.20 ₹ Cr

0.0008% share

−3.75% YoY

4.26% of Sub-Ch. 9029

Imports

292.02 ₹ Cr

0.0100% share

−13.93% YoY

73.20% of Sub-Ch. 9029

FY 2021-22 Exp. Rank #3770

Balance

−182.21

Exports

37.32 ₹ Cr

0.0012% share

+105.05% YoY

8.52% of Sub-Ch. 9029

Imports

219.53 ₹ Cr

0.0048% share

−24.82% YoY

56.94% of Sub-Ch. 9029

FY 2022-23 Exp. Rank #3932

Balance

−126.95

Exports

35.59 ₹ Cr

0.0010% share

−4.64% YoY

8.58% of Sub-Ch. 9029

Imports

162.54 ₹ Cr

0.0028% share

−25.96% YoY

41.03% of Sub-Ch. 9029

FY 2023-24 Exp. Rank #4026

Balance

−108.69

Exports

35.32 ₹ Cr

0.0010% share

−0.76% YoY

10.26% of Sub-Ch. 9029

Imports

144.01 ₹ Cr

0.0026% share

−11.40% YoY

33.70% of Sub-Ch. 9029

FY 2024-25 Exp. Rank #3685

Balance

−74.21

Exports

47.86 ₹ Cr

0.0013% share

+35.50% YoY

11.88% of Sub-Ch. 9029

Imports

122.07 ₹ Cr

0.0020% share

−15.24% YoY

28.11% of Sub-Ch. 9029

CAGR · 7-Year

Exports

12.15% /yr

Imports

−16.59% /yr

Consistently Deficit
Sub-Chapter 9029 total

reference, FY 2024-25

Export

₹402.94 Cr

Import

₹434.33 Cr

Trade Balance

−31.39

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

Key Trade Insights: HSN Code 90299000 Export-Import Analysis

Consistent Export Growth: 12.15% CAGR Over 7 Years

India's exports under HSN Code 90299000 have grown at a compound annual rate of 12.15% over 7 fiscal years, rising from ₹24.05 Crore in FY 2018-19 to ₹47.86 Crore in FY 2024-25.

HSN Code 90299000 Ranked #3685 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 90299000 ranks #3685 out of 12657 HSN codes by total export value. Within Sub-Chapter 9029, it ranks #2 of 7. By trade surplus, it ranks #10555 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 90299000 Exports

The strongest single-year export movement for HSN Code 90299000 was recorded in FY 2021-22, when exports surged by 105.05% over the prior year.

India Records a Trade Deficit of ₹74.21 Crore in HSN Code 90299000 Goods

In FY 2024-25, India's imports of ₹122.07 Cr exceeded exports of ₹47.86 Cr, resulting in a trade deficit of ₹74.21 Crore — ranking #10555 of 12657 by surplus magnitude.

Import Growth of −16.59% CAGR Signals Stable Import Dependency for Parts And Accessories

India's imports under HSN Code 90299000 have grown at −16.59% CAGR, reaching ₹122.07 Crore in FY 2024-25.

HSN Code 90299000 Contributes 11.88% of Sub-Chapter 9029 Exports — Ranked #2

Among the 7 HSN codes under Sub-Chapter 9029, HSN Code 90299000 ranks #2 by export value — accounting for 11.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.11% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 90299000 and GST compliance.

What products are classified under HSN 90299000 ?

It includes Ammeters/Voltmeters/Wattmeters (No Recorder)

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.

How much GST applies to Parts And Accessories?

Under HSN 90299000, Parts And Accessories attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.

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.