Consistent Export Growth: 12.25% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0903 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.
HSN Sub Chapter 0903 represents Mate under GST classification. This code helps businesses identify Mate correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0903, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mate.
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GST Rate for Mate under HSN Code 0903. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Mate.
Tariff HSN
Description
Mate
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #524 of 1233 subchapters
% of Chapter 09
FY 2024-250.00%
Share of Chapter 09’s total exports in FY 2024-25
Import side: 0.00% of Chapter 09’s imports
Rank Within Chapter 09
FY 2024-25#10 of 10
Position by export value among subchapters in Chapter 09
Import-side rank: #10 of 10
At a glance
12.25%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1189
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+160.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.00%
Contribution to Ch. 09
Share of Chapter 09 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 09
Balance
+0.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.00% of Ch. 09
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 09
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+25.00% YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 09
Balance
+0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+160.00% YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.00% of Ch. 09
Balance
−0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−38.46% YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+216.67% YoY
0.00% of Ch. 09
Balance
+0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+25.00% YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−73.68% YoY
0.00% of Ch. 09
Balance
−0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−60.00% YoY
0.00% of Ch. 09
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+20.00% YoY
0.00% of Ch. 09
CAGR · 7-Year
Exports
12.25% /yr
Imports
3.09% /yr
reference, FY 2024-25
Export
₹45,433.67 Cr
Import
₹11,324.62 Cr
Trade Balance
+34,109.05
India's exports under HSN Sub-Chapter 0903 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0903 ranks #1189 out of 1233 subchapters by total export value. Within Chapter 09, it ranks #10 of 10. By trade surplus, it ranks #524 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0903 was recorded in FY 2021-22, when exports surged by 160.00% over the prior year.
In FY 2024-25, India's imports of ₹0.06 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹0.02 Crore — ranking #524 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0903 have grown at 3.09% CAGR, reaching ₹0.06 Crore in FY 2024-25.
Among the 10 subchapters under Chapter 09, HSN Sub-Chapter 0903 ranks #10 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #10).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 0903 and GST compliance.
It includes Mate
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.