HSN Code 91040000: Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)

HSN Code 91040000 represents Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels) under GST classification. This code helps businesses identify Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels) correctly for billing, taxation, and trade. With HSN Code 91040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels).

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Description of Goods for HSN Code 91040000

HSN Code 91040000 relates to the following description.

Description of Goods

Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels

Chapter

91 - Clocks and watches and parts thereof

Sub Chapter

9104 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels

CGST

9%

SGST

9%

IGST

18%

CESS

0%

India’s Trade Performance — HSN Code 91040000 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

₹3 Cr

+161.65% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+8.54% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹6 Cr

Trade Deficit

Surplus rank #8751 of 12657 HSN codes

% of Sub-Chapter 9104

FY 2024-25

100.00%

Share of Sub-Chapter 9104’s total exports in FY 2024-25

Import side: 100.00% of Sub-Chapter 9104’s imports

Rank Within Sub-Chapter 9104

FY 2024-25

#1 of 1

Position by export value among HSN codes in Sub-Chapter 9104

Import-side rank: #1 of 1

At a glance

3.26%

Export CAGR

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

#7034

National Export Rank

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

+226.13%

Peak Growth Year

FY 2019-20 · strongest single-year move

100.00%

Contribution to Sub-Ch. 9104

Share of Sub-Chapter 9104 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 91040000

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 #6528

Balance

−23.15

Exports

2.87 ₹ Cr

0.0001% share

— YoY

100.00% of Sub-Ch. 9104

Imports

26.02 ₹ Cr

0.0007% share

— YoY

100.00% of Sub-Ch. 9104

FY 2019-20 Exp. Rank #5099

Balance

−10.92

Exports

9.36 ₹ Cr

0.0004% share

+226.13% YoY

100.00% of Sub-Ch. 9104

Imports

20.28 ₹ Cr

0.0006% share

−22.06% YoY

100.00% of Sub-Ch. 9104

FY 2020-21 Exp. Rank #5567

Balance

−1.60

Exports

6.77 ₹ Cr

0.0003% share

−27.67% YoY

100.00% of Sub-Ch. 9104

Imports

8.37 ₹ Cr

0.0003% share

−58.73% YoY

100.00% of Sub-Ch. 9104

FY 2021-22 Exp. Rank #6178

Balance

−2.78

Exports

5.78 ₹ Cr

0.0002% share

−14.62% YoY

100.00% of Sub-Ch. 9104

Imports

8.56 ₹ Cr

0.0002% share

+2.27% YoY

100.00% of Sub-Ch. 9104

FY 2022-23 Exp. Rank #5652

Balance

+2.80

Exports

9.80 ₹ Cr

0.0003% share

+69.55% YoY

100.00% of Sub-Ch. 9104

Imports

7.00 ₹ Cr

0.0001% share

−18.22% YoY

100.00% of Sub-Ch. 9104

FY 2023-24 Exp. Rank #7968

Balance

−7.69

Exports

1.33 ₹ Cr

0.0000% share

−86.43% YoY

100.00% of Sub-Ch. 9104

Imports

9.02 ₹ Cr

0.0002% share

+28.86% YoY

100.00% of Sub-Ch. 9104

FY 2024-25 Exp. Rank #7034

Balance

−6.31

Exports

3.48 ₹ Cr

0.0001% share

+161.65% YoY

100.00% of Sub-Ch. 9104

Imports

9.79 ₹ Cr

0.0002% share

+8.54% YoY

100.00% of Sub-Ch. 9104

CAGR · 7-Year

Exports

3.26% /yr

Imports

−15.03% /yr

Consistently Deficit
Sub-Chapter 9104 total

reference, FY 2024-25

Export

₹3.48 Cr

Import

₹9.79 Cr

Trade Balance

−6.31

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

Key Trade Insights: HSN Code 91040000 Export-Import Analysis

Consistent Export Growth: 3.26% CAGR Over 7 Years

India's exports under HSN Code 91040000 have grown at a compound annual rate of 3.26% over 7 fiscal years, rising from ₹2.87 Crore in FY 2018-19 to ₹3.48 Crore in FY 2024-25.

HSN Code 91040000 Ranked #7034 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 91040000 ranks #7034 out of 12657 HSN codes by total export value. Within Sub-Chapter 9104, it ranks #1 of 1. By trade surplus, it ranks #8751 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 91040000 Exports

The strongest single-year export movement for HSN Code 91040000 was recorded in FY 2019-20, when exports surged by 226.13% over the prior year.

India Records a Trade Deficit of ₹6.31 Crore in HSN Code 91040000 Goods

In FY 2024-25, India's imports of ₹9.79 Cr exceeded exports of ₹3.48 Cr, resulting in a trade deficit of ₹6.31 Crore — ranking #8751 of 12657 by surplus magnitude.

Import Growth of −15.03% CAGR Signals Stable Import Dependency for Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)

India's imports under HSN Code 91040000 have grown at −15.03% CAGR, reaching ₹9.79 Crore in FY 2024-25.

HSN Code 91040000 Contributes 100.00% of Sub-Chapter 9104 Exports — Ranked #1

Among the 1 HSN codes under Sub-Chapter 9104, HSN Code 91040000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91040000 and GST compliance.

What products are classified under HSN 91040000 ?

It includes Other : Other : Other

Does packaging or labelling change the GST for Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)?

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 Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels); Nil for exempt items if applicable).

Any common misclassification issue with Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)?

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

Do e‑way bill and e‑invoice apply for Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)?

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 much GST applies to Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels)?

Under HSN 91040000, Instrument Panel Clocks (Vehicles/Aircraft/Spacecraft/Vessels) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.