HSN Code 96061020: Press, Snap & Fastener Parts and Accessories

HSN Code 96061020 represents Press, Snap & Fastener Parts and Accessories under GST classification. This code helps businesses identify Press, Snap & Fastener Parts and Accessories correctly for billing, taxation, and trade. With HSN Code 96061020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Press, Snap & Fastener Parts and Accessories.

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Description of Goods for HSN Code 96061020

HSN Code 96061020 relates to the following description.

Description of Goods

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

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 96061020 not include?

Press, Snap & Fastener Parts and Accessories does not include products with the following descriptions.

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

India’s Trade Performance — HSN Code 96061020 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

< ₹1 Crore

+3.45% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

−2.32% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹18 Cr

Trade Deficit

Surplus rank #9470 of 12657 HSN codes

% of Sub-Chapter 9606

FY 2024-25

0.14%

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

Import side: 2.78% of Sub-Chapter 9606’s imports

Rank Within Sub-Chapter 9606

FY 2024-25

#7 of 8

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

Import-side rank: #4 of 8

At a glance

3.09%

Export CAGR

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

#9201

National Export Rank

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

+500.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.14%

Contribution to Sub-Ch. 9606

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8668

Balance

−30.82

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.16% of Sub-Ch. 9606

Imports

31.07 ₹ Cr

0.0009% share

YoY

5.98% of Sub-Ch. 9606

FY 2019-20 Exp. Rank #9094

Balance

−30.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−52.00% YoY

0.09% of Sub-Ch. 9606

Imports

30.34 ₹ Cr

0.0009% share

−2.35% YoY

5.96% of Sub-Ch. 9606

FY 2020-21 Exp. Rank #9622

Balance

−37.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.04% of Sub-Ch. 9606

Imports

37.73 ₹ Cr

0.0013% share

+24.36% YoY

9.22% of Sub-Ch. 9606

FY 2021-22 Exp. Rank #9083

Balance

−60.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

0.14% of Sub-Ch. 9606

Imports

60.64 ₹ Cr

0.0013% share

+60.72% YoY

10.46% of Sub-Ch. 9606

FY 2022-23 Exp. Rank #8933

Balance

−29.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.16% of Sub-Ch. 9606

Imports

30.09 ₹ Cr

0.0005% share

−50.38% YoY

4.83% of Sub-Ch. 9606

FY 2023-24 Exp. Rank #9199

Balance

−18.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−19.44% YoY

0.14% of Sub-Ch. 9606

Imports

18.55 ₹ Cr

0.0003% share

−38.35% YoY

3.11% of Sub-Ch. 9606

FY 2024-25 Exp. Rank #9201

Balance

−17.82

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+3.45% YoY

0.14% of Sub-Ch. 9606

Imports

18.12 ₹ Cr

0.0003% share

−2.32% YoY

2.78% of Sub-Ch. 9606

CAGR · 7-Year

Exports

3.09% /yr

Imports

−8.60% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 96061020 and GST compliance.

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.

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.