HSN Code 91149040: Watch Springs

HSN Code 91149040 represents Watch Springs under GST classification. This code helps businesses identify Watch Springs correctly for billing, taxation, and trade. With HSN Code 91149040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Watch Springs.

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Description of Goods for HSN Code 91149040

HSN Code 91149040 relates to the following description.

Description of Goods

Other : Springs, including hair-springs

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 91149040 not include?

Watch Springs does not include products with the following descriptions.

India’s Trade Performance — HSN Code 91149040 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−25.55% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7914 of 12657 HSN codes

% of Sub-Chapter 9114

FY 2024-25

0.00%

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

Import side: 0.41% of Sub-Chapter 9114’s imports

At a glance

−93.33%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 9114

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

India Export-Import Trade Statistics for HSN Code 91149040

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9114

FY 2022-23 Exp. Rank #9449

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.09% of Sub-Ch. 9114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 9114

FY 2023-24 Exp. Rank #10473

Balance

−1.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−93.33% YoY

0.01% of Sub-Ch. 9114

Imports

1.37 ₹ Cr

0.0000% share

+878.57% YoY

0.65% of Sub-Ch. 9114

FY 2024-25

Balance

−1.02

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9114

Imports

1.02 ₹ Cr

0.0000% share

−25.55% YoY

0.41% of Sub-Ch. 9114

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 91149040 Export-Import Analysis

Export Snapshot for HSN Code 91149040

India exported ₹0.00 Crore worth of Watch Springs in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 91149040 Exports

The strongest single-year export movement for HSN Code 91149040 was recorded in FY 2023-24, when exports declined by 93.33% over the prior year.

India Records a Trade Deficit of ₹1.02 Crore in HSN Code 91149040 Goods

In FY 2024-25, India's imports of ₹1.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.02 Crore — ranking #7914 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 91149040 and GST compliance.

What products are classified under HSN 91149040 ?

It includes Brass Wind Instruments

How should mixed supplies be billed when Watch Springs is sold with other items?

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

Does packaging or labelling change the GST for Watch Springs?

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.

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

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Watch Springs?

Under HSN 91149040, Watch Springs attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Watch Springs?

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 Springs?

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.