--- title: "HSN Code for Keyboard instruments, other than accordions | HSN 92071000 GST Rate" description: "Find HSN and GST Rates for 92071000 related to Keyboard instruments, other than accordions with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-92071000/" --- # HSN Code 92071000: Keyboard instruments, other than accordions - [Section 18: Guide to HSN Section 18](https://busy.in/hsn/section-18/) - [Chapter 92: Musical Instruments, Its Parts](https://busy.in/hsn/chapter-92/) - [Sub-chapter 9207: Electric musical instruments](https://busy.in/hsn/sub-chapter-9207/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Keyboard instruments, other than accordions | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 92071000 ? It includes Musical Instrument Parts & Accessories | Other ### Do e‑way bill and e‑invoice apply for Keyboard instruments, other than accordions? 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. ### Does packaging or labelling change the GST for Keyboard instruments, other than accordions? 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. ### Any common misclassification issue with Keyboard instruments, other than accordions? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Keyboard instruments, other than accordions is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Keyboard instruments, other than accordions; Nil for exempt items if applicable). ### How much GST applies to Keyboard instruments, other than accordions? Under HSN 92071000, Keyboard instruments, other than accordions attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Keyboard instruments, other than accordions? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 92071000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹162 Cr (+6.45% YoY) — 0.0044% of India's total exports - Imports: ₹196 Cr (+9.85% YoY) — 0.0032% of India's total imports - Trade balance: −₹33 Cr (Deficit); surplus rank #9942 of 12657 HSN codes - Share of Sub-Chapter 9207: 92.04% of its exports; import side 65.67% - Rank within Sub-Chapter 9207: #1 of 2 by export value; import-side #1 ### Key metrics - Export CAGR: 95.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2075 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,380.55% in FY 2019-20 - Contribution to Sub-Ch. 9207: 92.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 92071000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 9207 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9207 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.93 | 0.0001% | — | 40.30% | 175.17 | 0.0049% | — | 79.29% | −172.24 | #6506 | | FY 2019-20 | 43.38 | 0.0020% | +1,380.55% | 55.20% | 137.38 | 0.0041% | −21.57% | 69.91% | −94.00 | #3096 | | FY 2020-21 | 42.71 | 0.0020% | −1.54% | 88.61% | 124.35 | 0.0043% | −9.48% | 75.75% | −81.64 | #3155 | | FY 2021-22 | 84.31 | 0.0027% | +97.40% | 84.94% | 143.10 | 0.0031% | +15.08% | 69.84% | −58.79 | #2641 | | FY 2022-23 | 173.30 | 0.0048% | +105.55% | 94.84% | 184.31 | 0.0032% | +28.80% | 71.28% | −11.01 | #1878 | | FY 2023-24 | 152.56 | 0.0042% | −11.97% | 93.47% | 178.29 | 0.0032% | −3.27% | 67.04% | −25.73 | #2087 | | FY 2024-25 | 162.40 | 0.0044% | +6.45% | 92.04% | 195.86 | 0.0032% | +9.85% | 65.67% | −33.46 | #2075 | - CAGR (7-year): exports 95.26%/yr, imports 1.88%/yr (consistently Deficit) ## Key trade insights: HSN Code 92071000 export-import analysis ### Consistent export growth: 95.26% CAGR over 7 years India's exports under HSN Code 92071000 have grown at a compound annual rate of 95.26% over 7 fiscal years, rising from ₹2.93 Crore in FY 2018-19 to ₹162.40 Crore in FY 2024-25. ### HSN Code 92071000 ranked #2075 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 92071000 ranks #2075 out of 12657 HSN codes by total export value. Within Sub-Chapter 9207, it ranks #1 of 2. By trade surplus, it ranks #9942 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 92071000 exports The strongest single-year export movement for HSN Code 92071000 was recorded in FY 2019-20, when exports surged by 1,380.55% over the prior year. ### India records a trade deficit of ₹33.46 Crore in HSN Code 92071000 goods In FY 2024-25, India's imports of ₹195.86 Cr exceeded exports of ₹162.40 Cr, resulting in a trade deficit of ₹33.46 Crore — ranking #9942 of 12657 by surplus magnitude. ### Import growth of 1.88% CAGR signals stable import dependency for Keyboard instruments, other than accordions India's imports under HSN Code 92071000 have grown at 1.88% CAGR, reaching ₹195.86 Crore in FY 2024-25. ### HSN Code 92071000 contributes 92.04% of Sub-Chapter 9207 exports — ranked #1 Among the 2 HSN codes under Sub-Chapter 9207, HSN Code 92071000 ranks #1 by export value — accounting for 92.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 65.67% share (rank #1). ## Related HSN Codes in Sub-Chapter 9207 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 92071000: Keyboard instruments, other than accordions (this hsn code) | ₹162 Cr | | #2 | [HSN Code 92079000: Electrically Amplified Musical Instruments](https://busy.in/hsn/hsn-92079000/) | ₹14 Cr |