HSN Code 96071990: Slide Fasteners | Other
HSN Code 96071990 represents Slide Fasteners | Other under GST classification. This code helps businesses identify Slide Fasteners | Other correctly for billing, taxation, and trade. With HSN Code 96071990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Slide Fasteners | Other.
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Description of Goods for HSN Code 96071990
HSN Code 96071990 relates to the following description.
What does HSN Code 96071990 not include?
Slide Fasteners | Other does not include products with the following descriptions.
Slide fasteners : Fitted with chain scoops of base metal : Zip fasteners
Slide fasteners : Fitted with chain scoops of base metal : Other
Slide fasteners : Other : Zip fasteners
Slide fasteners : Parts
India’s Trade Performance — HSN Code 96071990 in FY 2024-25
India’s Exports
FY 2024-25₹9 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹100 Cr
0.0017% of India’s total imports
Trade Balance
FY 2024-25−₹92 Cr
Surplus rank #10739 of 12657 HSN codes
% of Sub-Chapter 9607
FY 2024-255.16%
Share of Sub-Chapter 9607’s total exports in FY 2024-25
Import side: 16.65% of Sub-Chapter 9607’s imports
Rank Within Sub-Chapter 9607
FY 2024-25#4 of 5
Position by export value among HSN codes in Sub-Chapter 9607
Import-side rank: #2 of 5
At a glance
14.10%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5951
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+81.57%
Peak Growth Year
FY 2022-23 · strongest single-year move
5.16%
Contribution to Sub-Ch. 9607
Share of Sub-Chapter 9607 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 96071990
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−66.01
Exports
3.96 ₹ Cr
0.0002% share
— YoY
1.64% of Sub-Ch. 9607
Imports
69.97 ₹ Cr
0.0020% share
— YoY
14.70% of Sub-Ch. 9607
Balance
−65.61
Exports
2.98 ₹ Cr
0.0001% share
−24.75% YoY
1.43% of Sub-Ch. 9607
Imports
68.59 ₹ Cr
0.0020% share
−1.97% YoY
15.34% of Sub-Ch. 9607
Balance
−55.03
Exports
3.49 ₹ Cr
0.0002% share
+17.11% YoY
2.82% of Sub-Ch. 9607
Imports
58.52 ₹ Cr
0.0020% share
−14.68% YoY
16.66% of Sub-Ch. 9607
Balance
−65.03
Exports
5.86 ₹ Cr
0.0002% share
+67.91% YoY
3.16% of Sub-Ch. 9607
Imports
70.89 ₹ Cr
0.0016% share
+21.14% YoY
13.62% of Sub-Ch. 9607
Balance
−64.72
Exports
10.64 ₹ Cr
0.0003% share
+81.57% YoY
5.01% of Sub-Ch. 9607
Imports
75.36 ₹ Cr
0.0013% share
+6.31% YoY
12.91% of Sub-Ch. 9607
Balance
−72.01
Exports
6.93 ₹ Cr
0.0002% share
−34.87% YoY
3.82% of Sub-Ch. 9607
Imports
78.94 ₹ Cr
0.0014% share
+4.75% YoY
16.06% of Sub-Ch. 9607
Balance
−91.54
Exports
8.74 ₹ Cr
0.0002% share
+26.12% YoY
5.16% of Sub-Ch. 9607
Imports
100.28 ₹ Cr
0.0017% share
+27.03% YoY
16.65% of Sub-Ch. 9607
CAGR · 7-Year
Exports
14.10% /yr
Imports
6.18% /yr
reference, FY 2024-25
Export
₹169.30 Cr
Import
₹602.46 Cr
Trade Balance
−433.16
Key Trade Insights: HSN Code 96071990 Export-Import Analysis
Consistent Export Growth: 14.10% CAGR Over 7 Years
India's exports under HSN Code 96071990 have grown at a compound annual rate of 14.10% over 7 fiscal years, rising from ₹3.96 Crore in FY 2018-19 to ₹8.74 Crore in FY 2024-25.
HSN Code 96071990 Ranked #5951 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 96071990 ranks #5951 out of 12657 HSN codes by total export value. Within Sub-Chapter 9607, it ranks #4 of 5. By trade surplus, it ranks #10739 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 96071990 Exports
The strongest single-year export movement for HSN Code 96071990 was recorded in FY 2022-23, when exports surged by 81.57% over the prior year.
India Records a Trade Deficit of ₹91.54 Crore in HSN Code 96071990 Goods
In FY 2024-25, India's imports of ₹100.28 Cr exceeded exports of ₹8.74 Cr, resulting in a trade deficit of ₹91.54 Crore — ranking #10739 of 12657 by surplus magnitude.
Import Growth of 6.18% CAGR Signals Stable Import Dependency for Slide Fasteners | Other
India's imports under HSN Code 96071990 have grown at 6.18% CAGR, reaching ₹100.28 Crore in FY 2024-25.
HSN Code 96071990 Contributes 5.16% of Sub-Chapter 9607 Exports — Ranked #4
Among the 5 HSN codes under Sub-Chapter 9607, HSN Code 96071990 ranks #4 by export value — accounting for 5.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.65% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 96071990 and GST compliance.
What products are classified under HSN 96071990 ?
It includes Felt-tipped pens
Can we claim ITC on inputs used to trade Slide Fasteners / Other?
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 Slide Fasteners / Other?
Under HSN 96071990, Slide Fasteners / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Slide Fasteners / Other?
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 Slide Fasteners / Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Slide Fasteners / Other; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Slide Fasteners / Other?
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 Slide Fasteners / Other?
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.