HSN Code 92060000 represents Percussion Musical Instruments under GST classification. This code helps businesses identify Percussion Musical Instruments correctly for billing, taxation, and trade. With HSN Code 92060000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Percussion Musical Instruments.
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HSN Code 92060000 relates to the following description.
Description of Goods
Percussion musical instruments (for example, drums, xylophones, cymbols, castanets, maracas)
Chapter
92 - Musical instruments; parts and accessories of such articles
Sub Chapter
9206 - Percussion musical instruments (for example, drums, xylophones, cymbols, castanets, maracas)
CGST
9%
SGST
9%
IGST
18%
CESS
0%
India’s Exports
FY 2024-25₹19 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹38 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #9500 of 12657 HSN codes
% of Sub-Chapter 9206
FY 2024-25100.00%
Share of Sub-Chapter 9206’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 9206’s imports
Rank Within Sub-Chapter 9206
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 9206
Import-side rank: #1 of 1
At a glance
−4.06%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4932
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+72.36%
Peak Growth Year
FY 2023-24 · strongest single-year move
100.00%
Contribution to Sub-Ch. 9206
Share of Sub-Chapter 9206 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−4.94
Exports
24.72 ₹ Cr
0.0011% share
— YoY
100.00% of Sub-Ch. 9206
Imports
29.66 ₹ Cr
0.0008% share
— YoY
100.00% of Sub-Ch. 9206
Balance
−3.33
Exports
16.77 ₹ Cr
0.0008% share
−32.16% YoY
100.00% of Sub-Ch. 9206
Imports
20.10 ₹ Cr
0.0006% share
−32.23% YoY
100.00% of Sub-Ch. 9206
Balance
+9.71
Exports
21.75 ₹ Cr
0.0010% share
+29.70% YoY
100.00% of Sub-Ch. 9206
Imports
12.04 ₹ Cr
0.0004% share
−40.10% YoY
100.00% of Sub-Ch. 9206
Balance
+7.59
Exports
21.52 ₹ Cr
0.0007% share
−1.06% YoY
100.00% of Sub-Ch. 9206
Imports
13.93 ₹ Cr
0.0003% share
+15.70% YoY
100.00% of Sub-Ch. 9206
Balance
−7.35
Exports
18.02 ₹ Cr
0.0005% share
−16.26% YoY
100.00% of Sub-Ch. 9206
Imports
25.37 ₹ Cr
0.0004% share
+82.12% YoY
100.00% of Sub-Ch. 9206
Balance
−5.47
Exports
31.06 ₹ Cr
0.0009% share
+72.36% YoY
100.00% of Sub-Ch. 9206
Imports
36.53 ₹ Cr
0.0007% share
+43.99% YoY
100.00% of Sub-Ch. 9206
Balance
−18.71
Exports
19.28 ₹ Cr
0.0005% share
−37.93% YoY
100.00% of Sub-Ch. 9206
Imports
37.99 ₹ Cr
0.0006% share
+4.00% YoY
100.00% of Sub-Ch. 9206
CAGR · 7-Year
Exports
−4.06% /yr
Imports
4.21% /yr
India's exports under HSN Code 92060000 have declined at a compound annual rate of −4.06% over 7 fiscal years, falling from ₹24.72 Crore in FY 2018-19 to ₹19.28 Crore in FY 2024-25.
In FY 2024-25, HSN Code 92060000 ranks #4932 out of 12657 HSN codes by total export value. Within Sub-Chapter 9206, it ranks #1 of 1. By trade surplus, it ranks #9500 of 12657.
The strongest single-year export movement for HSN Code 92060000 was recorded in FY 2023-24, when exports surged by 72.36% over the prior year.
In FY 2024-25, India's imports of ₹37.99 Cr exceeded exports of ₹19.28 Cr, resulting in a trade deficit of ₹18.71 Crore — ranking #9500 of 12657 by surplus magnitude.
India's imports under HSN Code 92060000 have grown at 4.21% CAGR, reaching ₹37.99 Crore in FY 2024-25.
Among the 1 HSN codes under Sub-Chapter 9206, HSN Code 92060000 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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 92060000 and GST compliance.
It includes Musical Instrument Parts & Accessories: Heading 9207
Under HSN 92060000, Percussion Musical Instruments attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Percussion Musical Instruments; Nil for exempt items if applicable).
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.
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.