HSN Code 92071000: Keyboard instruments, other than accordions

HSN Code 92071000 represents Keyboard instruments, other than accordions under GST classification. This code helps businesses identify Keyboard instruments, other than accordions correctly for billing, taxation, and trade. With HSN Code 92071000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Keyboard instruments, other than accordions.

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Description of Goods for HSN Code 92071000

HSN Code 92071000 relates to the following description.

Description of Goods

Keyboard instruments, other than accordions

Chapter

92 - Musical instruments; parts and accessories of such articles

Sub Chapter

9207 - Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 92071000 not include?

Keyboard instruments, other than accordions does not include products with the following descriptions.

India’s Trade Performance — HSN Code 92071000 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

₹162 Cr

+6.45% vs FY 2023-24

0.0044% of India’s total exports

India’s Imports

FY 2024-25

₹196 Cr

+9.85% vs FY 2023-24

0.0032% of India’s total imports

Trade Balance

FY 2024-25

−₹33 Cr

Trade Deficit

Surplus rank #9942 of 12657 HSN codes

% of Sub-Chapter 9207

FY 2024-25

92.04%

Share of Sub-Chapter 9207’s total exports in FY 2024-25

Import side: 65.67% of Sub-Chapter 9207’s imports

Rank Within Sub-Chapter 9207

FY 2024-25

#1 of 2

Position by export value among HSN codes in Sub-Chapter 9207

Import-side rank: #1 of 2

At a glance

95.26%

Export CAGR

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

#2075

National Export Rank

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

+1,380.55%

Peak Growth Year

FY 2019-20 · strongest single-year move

92.04%

Contribution to Sub-Ch. 9207

Share of Sub-Chapter 9207 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6506

Balance

−172.24

Exports

2.93 ₹ Cr

0.0001% share

YoY

40.30% of Sub-Ch. 9207

Imports

175.17 ₹ Cr

0.0049% share

YoY

79.29% of Sub-Ch. 9207

FY 2019-20 Exp. Rank #3096

Balance

−94.00

Exports

43.38 ₹ Cr

0.0020% share

+1,380.55% YoY

55.20% of Sub-Ch. 9207

Imports

137.38 ₹ Cr

0.0041% share

−21.57% YoY

69.91% of Sub-Ch. 9207

FY 2020-21 Exp. Rank #3155

Balance

−81.64

Exports

42.71 ₹ Cr

0.0020% share

−1.54% YoY

88.61% of Sub-Ch. 9207

Imports

124.35 ₹ Cr

0.0043% share

−9.48% YoY

75.75% of Sub-Ch. 9207

FY 2021-22 Exp. Rank #2641

Balance

−58.79

Exports

84.31 ₹ Cr

0.0027% share

+97.40% YoY

84.94% of Sub-Ch. 9207

Imports

143.10 ₹ Cr

0.0031% share

+15.08% YoY

69.84% of Sub-Ch. 9207

FY 2022-23 Exp. Rank #1878

Balance

−11.01

Exports

173.30 ₹ Cr

0.0048% share

+105.55% YoY

94.84% of Sub-Ch. 9207

Imports

184.31 ₹ Cr

0.0032% share

+28.80% YoY

71.28% of Sub-Ch. 9207

FY 2023-24 Exp. Rank #2087

Balance

−25.73

Exports

152.56 ₹ Cr

0.0042% share

−11.97% YoY

93.47% of Sub-Ch. 9207

Imports

178.29 ₹ Cr

0.0032% share

−3.27% YoY

67.04% of Sub-Ch. 9207

FY 2024-25 Exp. Rank #2075

Balance

−33.46

Exports

162.40 ₹ Cr

0.0044% share

+6.45% YoY

92.04% of Sub-Ch. 9207

Imports

195.86 ₹ Cr

0.0032% share

+9.85% YoY

65.67% of Sub-Ch. 9207

CAGR · 7-Year

Exports

95.26% /yr

Imports

1.88% /yr

Consistently Deficit
Sub-Chapter 9207 total

reference, FY 2024-25

Export

₹176.44 Cr

Import

₹298.27 Cr

Trade Balance

−121.83

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 92071000 and GST compliance.

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.

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.