HSN Code 96071110: Zip Fasteners with Chain Scoops of Base Metal
HSN Code 96071110 represents Zip Fasteners with Chain Scoops of Base Metal under GST classification. This code helps businesses identify Zip Fasteners with Chain Scoops of Base Metal correctly for billing, taxation, and trade. With HSN Code 96071110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Zip Fasteners with Chain Scoops of Base Metal.
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Description of Goods for HSN Code 96071110
HSN Code 96071110 relates to the following description.
What does HSN Code 96071110 not include?
Zip Fasteners with Chain Scoops of Base Metal does not include products with the following descriptions.
Slide fasteners : Fitted with chain scoops of base metal : Other
Slide fasteners : Other : Zip fasteners
Slide fasteners : Other : Other
Slide fasteners : Parts
India’s Trade Performance — HSN Code 96071110 in FY 2024-25
India’s Exports
FY 2024-25₹22 Cr
0.0006% of India’s total exports
India’s Imports
FY 2024-25₹76 Cr
0.0013% of India’s total imports
Trade Balance
FY 2024-25−₹54 Cr
Surplus rank #10304 of 12657 HSN codes
% of Sub-Chapter 9607
FY 2024-2513.06%
Share of Sub-Chapter 9607’s total exports in FY 2024-25
Import side: 12.61% of Sub-Chapter 9607’s imports
Rank Within Sub-Chapter 9607
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 9607
Import-side rank: #4 of 5
At a glance
8.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4740
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+358.02%
Peak Growth Year
FY 2021-22 · strongest single-year move
13.06%
Contribution to Sub-Ch. 9607
Share of Sub-Chapter 9607 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 96071110
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−78.12
Exports
13.76 ₹ Cr
0.0006% share
— YoY
5.71% of Sub-Ch. 9607
Imports
91.88 ₹ Cr
0.0026% share
— YoY
19.31% of Sub-Ch. 9607
Balance
−67.34
Exports
7.77 ₹ Cr
0.0004% share
−43.53% YoY
3.73% of Sub-Ch. 9607
Imports
75.11 ₹ Cr
0.0022% share
−18.25% YoY
16.80% of Sub-Ch. 9607
Balance
−58.38
Exports
3.93 ₹ Cr
0.0002% share
−49.42% YoY
3.18% of Sub-Ch. 9607
Imports
62.31 ₹ Cr
0.0021% share
−17.04% YoY
17.74% of Sub-Ch. 9607
Balance
−73.34
Exports
18.00 ₹ Cr
0.0006% share
+358.02% YoY
9.72% of Sub-Ch. 9607
Imports
91.34 ₹ Cr
0.0020% share
+46.59% YoY
17.55% of Sub-Ch. 9607
Balance
−76.93
Exports
23.99 ₹ Cr
0.0007% share
+33.28% YoY
11.29% of Sub-Ch. 9607
Imports
100.92 ₹ Cr
0.0018% share
+10.49% YoY
17.29% of Sub-Ch. 9607
Balance
−32.68
Exports
39.58 ₹ Cr
0.0011% share
+64.99% YoY
21.79% of Sub-Ch. 9607
Imports
72.26 ₹ Cr
0.0013% share
−28.40% YoY
14.71% of Sub-Ch. 9607
Balance
−53.84
Exports
22.11 ₹ Cr
0.0006% share
−44.14% YoY
13.06% of Sub-Ch. 9607
Imports
75.95 ₹ Cr
0.0013% share
+5.11% YoY
12.61% of Sub-Ch. 9607
CAGR · 7-Year
Exports
8.23% /yr
Imports
−3.12% /yr
reference, FY 2024-25
Export
₹169.30 Cr
Import
₹602.46 Cr
Trade Balance
−433.16
Key Trade Insights: HSN Code 96071110 Export-Import Analysis
Consistent Export Growth: 8.23% CAGR Over 7 Years
India's exports under HSN Code 96071110 have grown at a compound annual rate of 8.23% over 7 fiscal years, rising from ₹13.76 Crore in FY 2018-19 to ₹22.11 Crore in FY 2024-25.
HSN Code 96071110 Ranked #4740 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 96071110 ranks #4740 out of 12657 HSN codes by total export value. Within Sub-Chapter 9607, it ranks #3 of 5. By trade surplus, it ranks #10304 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 96071110 Exports
The strongest single-year export movement for HSN Code 96071110 was recorded in FY 2021-22, when exports surged by 358.02% over the prior year.
India Records a Trade Deficit of ₹53.84 Crore in HSN Code 96071110 Goods
In FY 2024-25, India's imports of ₹75.95 Cr exceeded exports of ₹22.11 Cr, resulting in a trade deficit of ₹53.84 Crore — ranking #10304 of 12657 by surplus magnitude.
Import Growth of −3.12% CAGR Signals Stable Import Dependency for Zip Fasteners with Chain Scoops of Base Metal
India's imports under HSN Code 96071110 have grown at −3.12% CAGR, reaching ₹75.95 Crore in FY 2024-25.
HSN Code 96071110 Contributes 13.06% of Sub-Chapter 9607 Exports — Ranked #3
Among the 5 HSN codes under Sub-Chapter 9607, HSN Code 96071110 ranks #3 by export value — accounting for 13.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.61% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 96071110 and GST compliance.
What products are classified under HSN 96071110 ?
It includes High-Value Ballpoint Pens (>$100)
Do e‑way bill and e‑invoice apply for Zip Fasteners with Chain Scoops of Base Metal?
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 Zip Fasteners with Chain Scoops of Base Metal?
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 Zip Fasteners with Chain Scoops of Base Metal?
Under HSN 96071110, Zip Fasteners with Chain Scoops of Base Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Zip Fasteners with Chain Scoops of Base Metal?
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 Zip Fasteners with Chain Scoops of Base Metal is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Zip Fasteners with Chain Scoops of Base Metal; Nil for exempt items if applicable).