HSN Code 96061010: Press Fasteners

HSN Code 96061010 represents Press Fasteners under GST classification. This code helps businesses identify Press Fasteners correctly for billing, taxation, and trade. With HSN Code 96061010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Press Fasteners.

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Description of Goods for HSN Code 96061010

HSN Code 96061010 relates to the following description.

Description of Goods

Press-fasteners, snap-fasteners and press-studs and parts thereof : Press-fasteners, snap-fasteners and press-studs

Chapter

96 - Miscellaneous manufactured articles

Sub Chapter

9606 - Buttons, press-fasteners, snap-fasteners and press-studs, button moulds and other parts of these articles; button blanks

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 96061010 not include?

Press Fasteners does not include products with the following descriptions.

India’s Trade Performance — HSN Code 96061010 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

₹17 Cr

+95.06% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹268 Cr

+12.52% vs FY 2023-24

0.0044% of India’s total imports

Trade Balance

FY 2024-25

−₹251 Cr

Trade Deficit

Surplus rank #11475 of 12657 HSN codes

% of Sub-Chapter 9606

FY 2024-25

7.84%

Share of Sub-Chapter 9606’s total exports in FY 2024-25

Import side: 41.15% of Sub-Chapter 9606’s imports

Rank Within Sub-Chapter 9606

FY 2024-25

#3 of 8

Position by export value among HSN codes in Sub-Chapter 9606

Import-side rank: #1 of 8

At a glance

44.24%

Export CAGR

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

#5071

National Export Rank

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

+96.41%

Peak Growth Year

FY 2022-23 · strongest single-year move

7.84%

Contribution to Sub-Ch. 9606

Share of Sub-Chapter 9606 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 96061010

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 #6985

Balance

−198.22

Exports

1.93 ₹ Cr

0.0001% share

YoY

1.21% of Sub-Ch. 9606

Imports

200.15 ₹ Cr

0.0056% share

YoY

38.51% of Sub-Ch. 9606

FY 2019-20 Exp. Rank #7273

Balance

−207.36

Exports

1.41 ₹ Cr

0.0001% share

−26.94% YoY

1.10% of Sub-Ch. 9606

Imports

208.77 ₹ Cr

0.0062% share

+4.31% YoY

41.01% of Sub-Ch. 9606

FY 2020-21 Exp. Rank #7391

Balance

−190.15

Exports

1.34 ₹ Cr

0.0001% share

−4.96% YoY

1.34% of Sub-Ch. 9606

Imports

191.49 ₹ Cr

0.0066% share

−8.28% YoY

46.77% of Sub-Ch. 9606

FY 2021-22 Exp. Rank #7093

Balance

−229.11

Exports

2.51 ₹ Cr

0.0001% share

+87.31% YoY

1.48% of Sub-Ch. 9606

Imports

231.62 ₹ Cr

0.0051% share

+20.96% YoY

39.95% of Sub-Ch. 9606

FY 2022-23 Exp. Rank #6471

Balance

−256.15

Exports

4.93 ₹ Cr

0.0001% share

+96.41% YoY

2.25% of Sub-Ch. 9606

Imports

261.08 ₹ Cr

0.0045% share

+12.72% YoY

41.91% of Sub-Ch. 9606

FY 2023-24 Exp. Rank #5870

Balance

−229.20

Exports

8.91 ₹ Cr

0.0002% share

+80.73% YoY

4.22% of Sub-Ch. 9606

Imports

238.11 ₹ Cr

0.0042% share

−8.80% YoY

39.90% of Sub-Ch. 9606

FY 2024-25 Exp. Rank #5071

Balance

−250.55

Exports

17.38 ₹ Cr

0.0005% share

+95.06% YoY

7.84% of Sub-Ch. 9606

Imports

267.93 ₹ Cr

0.0044% share

+12.52% YoY

41.15% of Sub-Ch. 9606

CAGR · 7-Year

Exports

44.24% /yr

Imports

4.98% /yr

Consistently Deficit
Sub-Chapter 9606 total

reference, FY 2024-25

Export

₹221.70 Cr

Import

₹651.17 Cr

Trade Balance

−429.47

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

Key Trade Insights: HSN Code 96061010 Export-Import Analysis

Consistent Export Growth: 44.24% CAGR Over 7 Years

India's exports under HSN Code 96061010 have grown at a compound annual rate of 44.24% over 7 fiscal years, rising from ₹1.93 Crore in FY 2018-19 to ₹17.38 Crore in FY 2024-25.

HSN Code 96061010 Ranked #5071 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 96061010 ranks #5071 out of 12657 HSN codes by total export value. Within Sub-Chapter 9606, it ranks #3 of 8. By trade surplus, it ranks #11475 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 96061010 Exports

The strongest single-year export movement for HSN Code 96061010 was recorded in FY 2022-23, when exports surged by 96.41% over the prior year.

India Records a Trade Deficit of ₹250.55 Crore in HSN Code 96061010 Goods

In FY 2024-25, India's imports of ₹267.93 Cr exceeded exports of ₹17.38 Cr, resulting in a trade deficit of ₹250.55 Crore — ranking #11475 of 12657 by surplus magnitude.

Import Growth of 4.98% CAGR Signals Stable Import Dependency for Press Fasteners

India's imports under HSN Code 96061010 have grown at 4.98% CAGR, reaching ₹267.93 Crore in FY 2024-25.

HSN Code 96061010 Contributes 7.84% of Sub-Chapter 9606 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 9606, HSN Code 96061010 ranks #3 by export value — accounting for 7.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 41.15% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 96061010 and GST compliance.

What products are classified under HSN 96061010 ?

It includes Zip Fasteners with Chain Scoops of Base Metal

Does packaging or labelling change the GST for Press Fasteners?

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 Press Fasteners?

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 Press Fasteners?

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.

Can we claim ITC on inputs used to trade Press Fasteners?

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

How should mixed supplies be billed when Press Fasteners is sold with other items?

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

How much GST applies to Press Fasteners?

Under HSN 96061010, Press Fasteners attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.