HSN Code 91029990: Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case

HSN Code 91029990 represents Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case under GST classification. This code helps businesses identify Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case correctly for billing, taxation, and trade. With HSN Code 91029990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case.

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Description of Goods for HSN Code 91029990

HSN Code 91029990 relates to the following description.

Description of Goods

Other : Other : Other

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 91029990 not include?

Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case does not include products with the following descriptions.

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

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

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

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

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

India’s Trade Performance — HSN Code 91029990 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

₹15 Cr

−91.88% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹215 Cr

−54.67% vs FY 2023-24

0.0035% of India’s total imports

Trade Balance

FY 2024-25

−₹200 Cr

Trade Deficit

Surplus rank #11316 of 12657 HSN codes

% of Sub-Chapter 9102

FY 2024-25

8.59%

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

Import side: 6.47% of Sub-Chapter 9102’s imports

Rank Within Sub-Chapter 9102

FY 2024-25

#2 of 11

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

Import-side rank: #5 of 11

At a glance

2.58%

Export CAGR

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

#5253

National Export Rank

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

+1,460.30%

Peak Growth Year

FY 2023-24 · strongest single-year move

8.59%

Contribution to Sub-Ch. 9102

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

India Export-Import Trade Statistics for HSN Code 91029990

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 #4689

Balance

−98.95

Exports

12.88 ₹ Cr

0.0006% share

YoY

4.82% of Sub-Ch. 9102

Imports

111.83 ₹ Cr

0.0031% share

YoY

7.62% of Sub-Ch. 9102

FY 2019-20 Exp. Rank #5493

Balance

−92.32

Exports

6.72 ₹ Cr

0.0003% share

−47.83% YoY

3.05% of Sub-Ch. 9102

Imports

99.04 ₹ Cr

0.0030% share

−11.44% YoY

7.10% of Sub-Ch. 9102

FY 2020-21 Exp. Rank #6304

Balance

−126.90

Exports

3.66 ₹ Cr

0.0002% share

−45.54% YoY

2.10% of Sub-Ch. 9102

Imports

130.56 ₹ Cr

0.0045% share

+31.83% YoY

12.42% of Sub-Ch. 9102

FY 2021-22 Exp. Rank #6400

Balance

−137.21

Exports

4.82 ₹ Cr

0.0002% share

+31.69% YoY

2.06% of Sub-Ch. 9102

Imports

142.03 ₹ Cr

0.0031% share

+8.79% YoY

8.41% of Sub-Ch. 9102

FY 2022-23 Exp. Rank #5404

Balance

−191.15

Exports

11.84 ₹ Cr

0.0003% share

+145.64% YoY

6.36% of Sub-Ch. 9102

Imports

202.99 ₹ Cr

0.0035% share

+42.92% YoY

9.12% of Sub-Ch. 9102

FY 2023-24 Exp. Rank #1853

Balance

−290.58

Exports

184.74 ₹ Cr

0.0051% share

+1,460.30% YoY

62.31% of Sub-Ch. 9102

Imports

475.32 ₹ Cr

0.0085% share

+134.16% YoY

15.54% of Sub-Ch. 9102

FY 2024-25 Exp. Rank #5253

Balance

−200.47

Exports

15.01 ₹ Cr

0.0004% share

−91.88% YoY

8.59% of Sub-Ch. 9102

Imports

215.48 ₹ Cr

0.0035% share

−54.67% YoY

6.47% of Sub-Ch. 9102

CAGR · 7-Year

Exports

2.58% /yr

Imports

11.55% /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 91029990 Export-Import Analysis

Consistent Export Growth: 2.58% CAGR Over 7 Years

India's exports under HSN Code 91029990 have grown at a compound annual rate of 2.58% over 7 fiscal years, rising from ₹12.88 Crore in FY 2018-19 to ₹15.01 Crore in FY 2024-25.

HSN Code 91029990 Ranked #5253 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 91029990 ranks #5253 out of 12657 HSN codes by total export value. Within Sub-Chapter 9102, it ranks #2 of 11. By trade surplus, it ranks #11316 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 91029990 Exports

The strongest single-year export movement for HSN Code 91029990 was recorded in FY 2023-24, when exports surged by 1,460.30% over the prior year.

India Records a Trade Deficit of ₹200.47 Crore in HSN Code 91029990 Goods

In FY 2024-25, India's imports of ₹215.48 Cr exceeded exports of ₹15.01 Cr, resulting in a trade deficit of ₹200.47 Crore — ranking #11316 of 12657 by surplus magnitude.

Import Growth of 11.55% CAGR Signals Rising Demand for Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case

India's imports under HSN Code 91029990 have grown at 11.55% CAGR, reaching ₹215.48 Crore in FY 2024-25.

HSN Code 91029990 Contributes 8.59% of Sub-Chapter 9102 Exports — Ranked #2

Among the 11 HSN codes under Sub-Chapter 9102, HSN Code 91029990 ranks #2 by export value — accounting for 8.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.47% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91029990 and GST compliance.

What products are classified under HSN 91029990 ?

It includes Wall clocks : Other

Can we claim ITC on inputs used to trade Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case?

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 Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case?

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

How much GST applies to Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case?

Under HSN 91029990, Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other Watches (Wrist, Pocket, etc.), Excl. Precious Metal Case?

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.