--- title: "HSN Code for Press, Snap & Fastener Parts and Accessories | HSN 96061020 GST Rate" description: "Find HSN and GST Rates for 96061020 related to Press, Snap & Fastener Parts and Accessories with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-96061020/" --- # HSN Code 96061020: Press, Snap & Fastener Parts and Accessories - [Section 20: Guide to HSN Section 20](https://busy.in/hsn/section-20/) - [Chapter 96: Miscellaneous Manufactured Items](https://busy.in/hsn/chapter-96/) - [Sub-chapter 9606: Buttons & fasteners](https://busy.in/hsn/sub-chapter-9606/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Press-fasteners, snap-fasteners and press-studs and parts thereof : Parts | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 96061020 ? It includes Slide fasteners: Other ### Can we claim ITC on inputs used to trade Press, Snap & Fastener Parts and Accessories? 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 Press, Snap & Fastener Parts and Accessories? Under HSN 96061020, Press, Snap & Fastener Parts and Accessories attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Press, Snap & Fastener Parts and Accessories? 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. ### Do e‑way bill and e‑invoice apply for Press, Snap & Fastener Parts and Accessories? 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. ### How should mixed supplies be billed when Press, Snap & Fastener Parts and Accessories is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Press, Snap & Fastener Parts and Accessories; Nil for exempt items if applicable). ### Any common misclassification issue with Press, Snap & Fastener Parts and Accessories? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 96061020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+3.45% YoY) — 0.0000% of India's total exports - Imports: ₹18 Cr (−2.32% YoY) — 0.0003% of India's total imports - Trade balance: −₹18 Cr (Deficit); surplus rank #9470 of 12657 HSN codes - Share of Sub-Chapter 9606: 0.14% of its exports; import side 2.78% - Rank within Sub-Chapter 9606: #7 of 8 by export value; import-side #4 ### Key metrics - Export CAGR: 3.09% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9201 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +500.00% in FY 2021-22 - Contribution to Sub-Ch. 9606: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 96061020 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. 9606 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9606 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.16% | 31.07 | 0.0009% | — | 5.98% | −30.82 | #8668 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −52.00% | 0.09% | 30.34 | 0.0009% | −2.35% | 5.96% | −30.22 | #9094 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −66.67% | 0.04% | 37.73 | 0.0013% | +24.36% | 9.22% | −37.69 | #9622 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +500.00% | 0.14% | 60.64 | 0.0013% | +60.72% | 10.46% | −60.40 | #9083 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +50.00% | 0.16% | 30.09 | 0.0005% | −50.38% | 4.83% | −29.73 | #8933 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −19.44% | 0.14% | 18.55 | 0.0003% | −38.35% | 3.11% | −18.26 | #9199 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +3.45% | 0.14% | 18.12 | 0.0003% | −2.32% | 2.78% | −17.82 | #9201 | - CAGR (7-year): exports 3.09%/yr, imports -8.60%/yr (consistently Deficit) ## Key trade insights: HSN Code 96061020 export-import analysis ### Consistent export growth: 3.09% CAGR over 7 years India's exports under HSN Code 96061020 have grown at a compound annual rate of 3.09% over 7 fiscal years, rising from ₹0.25 Crore in FY 2018-19 to ₹0.30 Crore in FY 2024-25. ### HSN Code 96061020 ranked #9201 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 96061020 ranks #9201 out of 12657 HSN codes by total export value. Within Sub-Chapter 9606, it ranks #7 of 8. By trade surplus, it ranks #9470 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 96061020 exports The strongest single-year export movement for HSN Code 96061020 was recorded in FY 2021-22, when exports surged by 500.00% over the prior year. ### India records a trade deficit of ₹17.82 Crore in HSN Code 96061020 goods In FY 2024-25, India's imports of ₹18.12 Cr exceeded exports of ₹0.30 Cr, resulting in a trade deficit of ₹17.82 Crore — ranking #9470 of 12657 by surplus magnitude. ### Import growth of -8.60% CAGR signals stable import dependency for Press, Snap & Fastener Parts and Accessories India's imports under HSN Code 96061020 have grown at -8.60% CAGR, reaching ₹18.12 Crore in FY 2024-25. ### HSN Code 96061020 contributes 0.14% of Sub-Chapter 9606 exports — ranked #7 Among the 8 HSN codes under Sub-Chapter 9606, HSN Code 96061020 ranks #7 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.78% share (rank #4). ## Related HSN Codes in Sub-Chapter 9606 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 96063010: Button blanks](https://busy.in/hsn/hsn-96063010/) | ₹132 Cr | | #2 | [HSN Code 96062100: Plastic buttons, no textile cover0](https://busy.in/hsn/hsn-96062100/) | ₹44 Cr | | #3 | [HSN Code 96061010: Press Fasteners](https://busy.in/hsn/hsn-96061010/) | ₹17 Cr | | #4 | [HSN Code 96062990: Buttons: Other](https://busy.in/hsn/hsn-96062990/) | ₹16 Cr | | #5 | [HSN Code 96062200: Buttons: Base metals](https://busy.in/hsn/hsn-96062200/) | ₹6 Cr | | #6 | [HSN Code 96063090: Button moulds, blanks, other parts](https://busy.in/hsn/hsn-96063090/) | ₹6 Cr | | #7 | HSN Code 96061020: Press, Snap & Fastener Parts and Accessories (this hsn code) | < ₹1 Crore | | #8 | [HSN Code 96062910: Buttons: Other: Button of coconut shell or wood](https://busy.in/hsn/hsn-96062910/) | < ₹1 Crore |