HSN Code 91149030: Watch Jewels

HSN Code 91149030 represents Watch Jewels under GST classification. This code helps businesses identify Watch Jewels correctly for billing, taxation, and trade. With HSN Code 91149030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Watch Jewels.

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Description of Goods for HSN Code 91149030

HSN Code 91149030 relates to the following description.

Description of Goods

Other : Jewels

Chapter

91 - Clocks and watches and parts thereof

Sub Chapter

9114 - Other clock or watch parts

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 91149030 not include?

Watch Jewels does not include products with the following descriptions.

India’s Trade Performance — HSN Code 91149030 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

−43.97% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−27.69% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4147 of 12657 HSN codes

% of Sub-Chapter 9114

FY 2024-25

2.33%

Share of Sub-Chapter 9114’s total exports in FY 2024-25

Import side: 0.38% of Sub-Chapter 9114’s imports

Rank Within Sub-Chapter 9114

FY 2024-25

#3 of 10

Position by export value among HSN codes in Sub-Chapter 9114

Import-side rank: #7 of 10

At a glance

79.90%

Export CAGR

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

#7063

National Export Rank

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

+1,184.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.33%

Contribution to Sub-Ch. 9114

Share of Sub-Chapter 9114 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 91149030

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 #9190

Balance

−0.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.08% of Sub-Ch. 9114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.55% of Sub-Ch. 9114

FY 2019-20 Exp. Rank #8687

Balance

−0.18

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

0.27% of Sub-Ch. 9114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−36.76% YoY

0.39% of Sub-Ch. 9114

FY 2020-21 Exp. Rank #6476

Balance

+2.94

Exports

3.21 ₹ Cr

0.0001% share

+1,184.00% YoY

4.23% of Sub-Ch. 9114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−37.21% YoY

0.39% of Sub-Ch. 9114

FY 2021-22 Exp. Rank #5572

Balance

+8.20

Exports

9.35 ₹ Cr

0.0003% share

+191.28% YoY

7.89% of Sub-Ch. 9114

Imports

1.15 ₹ Cr

0.0000% share

+325.93% YoY

0.87% of Sub-Ch. 9114

FY 2022-23 Exp. Rank #6159

Balance

+4.85

Exports

6.57 ₹ Cr

0.0002% share

−29.73% YoY

3.89% of Sub-Ch. 9114

Imports

1.72 ₹ Cr

0.0000% share

+49.57% YoY

0.89% of Sub-Ch. 9114

FY 2023-24 Exp. Rank #6345

Balance

+4.75

Exports

6.05 ₹ Cr

0.0002% share

−7.91% YoY

3.01% of Sub-Ch. 9114

Imports

1.30 ₹ Cr

0.0000% share

−24.42% YoY

0.62% of Sub-Ch. 9114

FY 2024-25 Exp. Rank #7063

Balance

+2.45

Exports

3.39 ₹ Cr

0.0001% share

−43.97% YoY

2.33% of Sub-Ch. 9114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−27.69% YoY

0.38% of Sub-Ch. 9114

CAGR · 7-Year

Exports

79.90% /yr

Imports

5.54% /yr

Consistently Surplus
Sub-Chapter 9114 total

reference, FY 2024-25

Export

₹145.55 Cr

Import

₹248.14 Cr

Trade Balance

−102.59

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

Key Trade Insights: HSN Code 91149030 Export-Import Analysis

Consistent Export Growth: 79.90% CAGR Over 7 Years

India's exports under HSN Code 91149030 have grown at a compound annual rate of 79.90% over 7 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹3.39 Crore in FY 2024-25.

HSN Code 91149030 Ranked #7063 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 91149030 ranks #7063 out of 12657 HSN codes by total export value. Within Sub-Chapter 9114, it ranks #3 of 10. By trade surplus, it ranks #4147 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 91149030 Exports

The strongest single-year export movement for HSN Code 91149030 was recorded in FY 2020-21, when exports surged by 1,184.00% over the prior year.

India Maintains a Trade Surplus of ₹2.45 Crore in HSN Code 91149030 Goods

In FY 2024-25, India's exports of ₹3.39 Cr exceeded imports of ₹0.94 Cr, resulting in a trade surplus of ₹2.45 Crore — ranking #4147 of 12657 by surplus magnitude.

Import Growth of 5.54% CAGR Signals Stable Import Dependency for Watch Jewels

India's imports under HSN Code 91149030 have grown at 5.54% CAGR, reaching ₹0.94 Crore in FY 2024-25.

HSN Code 91149030 Contributes 2.33% of Sub-Chapter 9114 Exports — Ranked #3

Among the 10 HSN codes under Sub-Chapter 9114, HSN Code 91149030 ranks #3 by export value — accounting for 2.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.38% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91149030 and GST compliance.

What products are classified under HSN 91149030 ?

It includes Other String Musical Instruments

Does packaging or labelling change the GST for Watch Jewels?

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 Watch Jewels is sold with other items?

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

Can we claim ITC on inputs used to trade Watch Jewels?

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 Watch Jewels?

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 Watch Jewels?

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.