HSN Code 91029920: Stop Watches

HSN Code 91029920 represents Stop Watches under GST classification. This code helps businesses identify Stop Watches correctly for billing, taxation, and trade. With HSN Code 91029920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stop Watches.

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Description of Goods for HSN Code 91029920

HSN Code 91029920 relates to the following description.

Description of Goods

Other : Other : Stop watches

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 91029920 not include?

Stop Watches 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 91021200

WRIST-WATCHES, ELECTRICALLY OPERATED, WHETHER OR NOT incorporating a stop-watch facility : With opto-electronic 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 91029920 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

+260.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+2.74% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7627 of 12657 HSN codes

% of Sub-Chapter 9102

FY 2024-25

0.21%

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

Import side: 0.02% of Sub-Chapter 9102’s imports

Rank Within Sub-Chapter 9102

FY 2024-25

#8 of 11

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

Import-side rank: #9 of 11

At a glance

10.29%

Export CAGR

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

#9089

National Export Rank

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

+260.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.21%

Contribution to Sub-Ch. 9102

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

India Export-Import Trade Statistics for HSN Code 91029920

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 #8812

Balance

−0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 9102

FY 2019-20 Exp. Rank #8918

Balance

−0.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−15.00% YoY

0.08% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+69.57% YoY

0.06% of Sub-Ch. 9102

FY 2020-21 Exp. Rank #8966

Balance

−0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.10% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−44.87% YoY

0.04% of Sub-Ch. 9102

FY 2021-22 Exp. Rank #9306

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−5.88% YoY

0.07% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−44.19% YoY

0.01% of Sub-Ch. 9102

FY 2022-23 Exp. Rank #9050

Balance

−0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+87.50% YoY

0.16% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+75.00% YoY

0.02% of Sub-Ch. 9102

FY 2023-24 Exp. Rank #9775

Balance

−0.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.03% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+73.81% YoY

0.02% of Sub-Ch. 9102

FY 2024-25 Exp. Rank #9089

Balance

−0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+260.00% YoY

0.21% of Sub-Ch. 9102

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+2.74% YoY

0.02% of Sub-Ch. 9102

CAGR · 7-Year

Exports

10.29% /yr

Imports

8.49% /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 91029920 Export-Import Analysis

Consistent Export Growth: 10.29% CAGR Over 7 Years

India's exports under HSN Code 91029920 have grown at a compound annual rate of 10.29% over 7 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹0.36 Crore in FY 2024-25.

HSN Code 91029920 Ranked #9089 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 91029920 ranks #9089 out of 12657 HSN codes by total export value. Within Sub-Chapter 9102, it ranks #8 of 11. By trade surplus, it ranks #7627 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 91029920 Exports

The strongest single-year export movement for HSN Code 91029920 was recorded in FY 2024-25, when exports surged by 260.00% over the prior year.

India Records a Trade Deficit of ₹0.39 Crore in HSN Code 91029920 Goods

In FY 2024-25, India's imports of ₹0.75 Cr exceeded exports of ₹0.36 Cr, resulting in a trade deficit of ₹0.39 Crore — ranking #7627 of 12657 by surplus magnitude.

Import Growth of 8.49% CAGR Signals Stable Import Dependency for Stop Watches

India's imports under HSN Code 91029920 have grown at 8.49% CAGR, reaching ₹0.75 Crore in FY 2024-25.

HSN Code 91029920 Contributes 0.21% of Sub-Chapter 9102 Exports — Ranked #8

Among the 11 HSN codes under Sub-Chapter 9102, HSN Code 91029920 ranks #8 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91029920 and GST compliance.

What products are classified under HSN 91029920 ?

It includes Wall clocks : Electrically operated

Does packaging or labelling change the GST for Stop Watches?

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 much GST applies to Stop Watches?

Under HSN 91029920, Stop Watches attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Stop Watches is sold with other items?

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

Can we claim ITC on inputs used to trade Stop Watches?

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 Stop Watches?

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.