HSN Code 91021200: Wrist-watches (opto-electronic display): ElectroTime

HSN Code 91021200 represents Wrist-watches (opto-electronic display): ElectroTime under GST classification. This code helps businesses identify Wrist-watches (opto-electronic display): ElectroTime correctly for billing, taxation, and trade. With HSN Code 91021200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wrist-watches (opto-electronic display): ElectroTime.

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Description of Goods for HSN Code 91021200

HSN Code 91021200 relates to the following description.

Description of Goods

WRIST-WATCHES, ELECTRICALLY OPERATED, WHETHER OR NOT incorporating a stop-watch facility : With opto-electronic display only

Chapter

91 - Clocks and watches and parts thereof

Sub Chapter

9102 - Wrist-watches, pocket-watches and other watches, including stop watches, other than those of heading

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 91021200 not include?

Wrist-watches (opto-electronic display): ElectroTime does not include products with the following descriptions.

HSN Code 91021100

WRIST-WATCHES, ELECTRICALLY OPERATED, WHETHER OR NOT incorporating a stop-watch facility : With mechanical display only

HSN Code 91021900

WRIST-WATCHES, ELECTRICALLY OPERATED, WHETHER OR NOT incorporating a stop-watch facility : Other

HSN Code 91022100

Other wrist-watches, whether or not incorporating a stop-watch facility : With automatic winding

HSN Code 91022900

Other wrist-watches, whether or not incorporating a stop-watch facility : Other

India’s Trade Performance — HSN Code 91021200 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

+86.67% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+17.92% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8392 of 12657 HSN codes

% of Sub-Chapter 9102

FY 2024-25

0.32%

Share of Sub-Chapter 9102’s total exports in FY 2024-25

Import side: 0.11% of Sub-Chapter 9102’s imports

Rank Within Sub-Chapter 9102

FY 2024-25

#7 of 11

Position by export value among HSN codes in Sub-Chapter 9102

Import-side rank: #7 of 11

At a glance

12.25%

Export CAGR

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

#8734

National Export Rank

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

+225.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.32%

Contribution to Sub-Ch. 9102

Share of Sub-Chapter 9102 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 91021200

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 #8596

Balance

−1.34

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.10% of Sub-Ch. 9102

Imports

1.62 ₹ Cr

0.0000% share

— YoY

0.11% of Sub-Ch. 9102

FY 2019-20 Exp. Rank #9131

Balance

−2.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.71% YoY

0.05% of Sub-Ch. 9102

Imports

2.97 ₹ Cr

0.0001% share

+83.33% YoY

0.21% of Sub-Ch. 9102

FY 2020-21 Exp. Rank #9546

Balance

−1.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−54.55% YoY

0.03% of Sub-Ch. 9102

Imports

1.08 ₹ Cr

0.0000% share

−63.64% YoY

0.10% of Sub-Ch. 9102

FY 2021-22 Exp. Rank #9874

Balance

−2.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.00% YoY

0.02% of Sub-Ch. 9102

Imports

2.79 ₹ Cr

0.0001% share

+158.33% YoY

0.17% of Sub-Ch. 9102

FY 2022-23 Exp. Rank #9522

Balance

−3.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+225.00% YoY

0.07% of Sub-Ch. 9102

Imports

3.85 ₹ Cr

0.0001% share

+37.99% YoY

0.17% of Sub-Ch. 9102

FY 2023-24 Exp. Rank #9181

Balance

−2.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+130.77% YoY

0.10% of Sub-Ch. 9102

Imports

3.18 ₹ Cr

0.0001% share

−17.40% YoY

0.10% of Sub-Ch. 9102

FY 2024-25 Exp. Rank #8734

Balance

−3.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+86.67% YoY

0.32% of Sub-Ch. 9102

Imports

3.75 ₹ Cr

0.0001% share

+17.92% YoY

0.11% of Sub-Ch. 9102

CAGR · 7-Year

Exports

12.25% /yr

Imports

15.01% /yr

Consistently Deficit
Sub-Chapter 9102 total

reference, FY 2024-25

Export

₹174.79 Cr

Import

₹3,331.37 Cr

Trade Balance

−3,156.58

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

Key Trade Insights: HSN Code 91021200 Export-Import Analysis

Consistent Export Growth: 12.25% CAGR Over 7 Years

India's exports under HSN Code 91021200 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.28 Crore in FY 2018-19 to ₹0.56 Crore in FY 2024-25.

HSN Code 91021200 Ranked #8734 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 91021200 ranks #8734 out of 12657 HSN codes by total export value. Within Sub-Chapter 9102, it ranks #7 of 11. By trade surplus, it ranks #8392 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 91021200 Exports

The strongest single-year export movement for HSN Code 91021200 was recorded in FY 2022-23, when exports surged by 225.00% over the prior year.

India Records a Trade Deficit of ₹3.19 Crore in HSN Code 91021200 Goods

In FY 2024-25, India's imports of ₹3.75 Cr exceeded exports of ₹0.56 Cr, resulting in a trade deficit of ₹3.19 Crore — ranking #8392 of 12657 by surplus magnitude.

Import Growth of 15.01% CAGR Signals Rising Demand for Wrist-watches (opto-electronic display): ElectroTime

India's imports under HSN Code 91021200 have grown at 15.01% CAGR, reaching ₹3.75 Crore in FY 2024-25.

HSN Code 91021200 Contributes 0.32% of Sub-Chapter 9102 Exports — Ranked #7

Among the 11 HSN codes under Sub-Chapter 9102, HSN Code 91021200 ranks #7 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91021200 and GST compliance.

What products are classified under HSN 91021200 ?

It includes Other : Other : Pocket watches

Does packaging or labelling change the GST for Wrist-watches (opto-electronic display): ElectroTime?

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 Wrist-watches (opto-electronic display): ElectroTime is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wrist-watches (opto-electronic display): ElectroTime; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Wrist-watches (opto-electronic display): ElectroTime?

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 Wrist-watches (opto-electronic display): ElectroTime?

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.

Any common misclassification issue with Wrist-watches (opto-electronic display): ElectroTime?

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

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.