HSN Code 91039000: Clocks with Watch Movements
HSN Code 91039000 represents Clocks with Watch Movements under GST classification. This code helps businesses identify Clocks with Watch Movements correctly for billing, taxation, and trade. With HSN Code 91039000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Clocks with Watch Movements .
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Description of Goods for HSN Code 91039000
HSN Code 91039000 relates to the following description.
What does HSN Code 91039000 not include?
Clocks with Watch Movements does not include products with the following descriptions.
Electrically operated
Electrically operated
India’s Trade Performance — HSN Code 91039000 in FY 2024-25
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹1 Cr
Surplus rank #4398 of 12657 HSN codes
% of Sub-Chapter 9103
FY 2024-2587.25%
Share of Sub-Chapter 9103’s total exports in FY 2024-25
Import side: 74.01% of Sub-Chapter 9103’s imports
Rank Within Sub-Chapter 9103
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 9103
Import-side rank: #1 of 2
At a glance
5.36%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7194
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+71.36%
Peak Growth Year
FY 2019-20 · strongest single-year move
87.25%
Contribution to Sub-Ch. 9103
Share of Sub-Chapter 9103 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 91039000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.22
Exports
2.20 ₹ Cr
0.0001% share
— YoY
92.44% of Sub-Ch. 9103
Imports
1.98 ₹ Cr
0.0001% share
— YoY
81.48% of Sub-Ch. 9103
Balance
−2.18
Exports
3.77 ₹ Cr
0.0002% share
+71.36% YoY
97.16% of Sub-Ch. 9103
Imports
5.95 ₹ Cr
0.0002% share
+200.51% YoY
97.22% of Sub-Ch. 9103
Balance
+4.83
Exports
5.58 ₹ Cr
0.0003% share
+48.01% YoY
96.21% of Sub-Ch. 9103
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−87.40% YoY
86.21% of Sub-Ch. 9103
Balance
+7.73
Exports
9.00 ₹ Cr
0.0003% share
+61.29% YoY
94.84% of Sub-Ch. 9103
Imports
1.27 ₹ Cr
0.0000% share
+69.33% YoY
80.89% of Sub-Ch. 9103
Balance
+2.85
Exports
4.66 ₹ Cr
0.0001% share
−48.22% YoY
79.79% of Sub-Ch. 9103
Imports
1.81 ₹ Cr
0.0000% share
+42.52% YoY
81.90% of Sub-Ch. 9103
Balance
+0.34
Exports
2.62 ₹ Cr
0.0001% share
−43.78% YoY
96.32% of Sub-Ch. 9103
Imports
2.28 ₹ Cr
0.0000% share
+25.97% YoY
84.13% of Sub-Ch. 9103
Balance
+1.33
Exports
3.01 ₹ Cr
0.0001% share
+14.89% YoY
87.25% of Sub-Ch. 9103
Imports
1.68 ₹ Cr
0.0000% share
−26.32% YoY
74.01% of Sub-Ch. 9103
CAGR · 7-Year
Exports
5.36% /yr
Imports
−2.70% /yr
Key Trade Insights: HSN Code 91039000 Export-Import Analysis
Consistent Export Growth: 5.36% CAGR Over 7 Years
India's exports under HSN Code 91039000 have grown at a compound annual rate of 5.36% over 7 fiscal years, rising from ₹2.20 Crore in FY 2018-19 to ₹3.01 Crore in FY 2024-25.
HSN Code 91039000 Ranked #7194 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 91039000 ranks #7194 out of 12657 HSN codes by total export value. Within Sub-Chapter 9103, it ranks #1 of 2. By trade surplus, it ranks #4398 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 91039000 Exports
The strongest single-year export movement for HSN Code 91039000 was recorded in FY 2019-20, when exports surged by 71.36% over the prior year.
India Maintains a Trade Surplus of ₹1.33 Crore in HSN Code 91039000 Goods
In FY 2024-25, India's exports of ₹3.01 Cr exceeded imports of ₹1.68 Cr, resulting in a trade surplus of ₹1.33 Crore — ranking #4398 of 12657 by surplus magnitude.
Import Growth of −2.70% CAGR Signals Stable Import Dependency for Clocks with Watch Movements
India's imports under HSN Code 91039000 have grown at −2.70% CAGR, reaching ₹1.68 Crore in FY 2024-25.
HSN Code 91039000 Contributes 87.25% of Sub-Chapter 9103 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 9103, HSN Code 91039000 ranks #1 by export value — accounting for 87.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 74.01% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 91039000 and GST compliance.
What products are classified under HSN 91039000 ?
It includes Other : Other : Time pieces
How much GST applies to Clocks with Watch Movements?
Under HSN 91039000, Clocks with Watch Movements attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Clocks with Watch Movements?
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.
Do e‑way bill and e‑invoice apply for Clocks with Watch Movements?
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 should mixed supplies be billed when Clocks with Watch Movements is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Clocks with Watch Movements; Nil for exempt items if applicable).
Any common misclassification issue with Clocks with Watch Movements?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Clocks with Watch Movements?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.