Consistent Export Growth: 20.72% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3603 have grown at a compound annual rate of 20.72% over 7 fiscal years, rising from ₹223.42 Crore in FY 2018-19 to ₹691.61 Crore in FY 2024-25.
HSN Sub Chapter 3603 represents Safety fuses & detonators under GST classification. This code helps businesses identify Safety fuses & detonators correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3603, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Safety fuses & detonators.
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GST Rate for Safety fuses & detonators under HSN Code 3603. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Safety fuses & detonators.
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: safety fuses: for mine blasting
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: other
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: detonating fuses
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: percussion and detonating caps: nonordnance
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: percussion and detonating caps: other
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: igniters: nonordnance
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: igniters: other
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: electric detonators: containing explosives electrically ignited, nonordnance
Tariff HSN
Description
Safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators safety fuses; detonating fuses; percussion or detonating caps; igniters; electric detonators: electric detonators: other
Tariff HSN
Description
Safety fuses
Tariff HSN
Description
detonating fuses
Tariff HSN
Description
Percussion caps
Tariff HSN
Description
Detonating caps
Tariff HSN
Description
Igniters
Tariff HSN
Description
electric detonators
India’s Exports
FY 2024-25₹692 Cr
0.0187% of India’s total exports
India’s Imports
FY 2024-25₹51 Cr
0.0008% of India’s total imports
Trade Balance
FY 2024-25₹641 Cr
Surplus rank #232 of 1233 subchapters
% of Chapter 36
FY 2024-2521.29%
Share of Chapter 36’s total exports in FY 2024-25
Import side: 25.66% of Chapter 36’s imports
Rank Within Chapter 36
FY 2024-25#2 of 6
Position by export value among subchapters in Chapter 36
Import-side rank: #2 of 6
At a glance
20.72%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#458
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+60.04%
Peak Growth Year
FY 2022-23 · strongest single-year move
21.29%
Contribution to Ch. 36
Share of Chapter 36 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
+210.14
Exports
223.42 ₹ Cr
0.0097% share
— YoY
26.44% of Ch. 36
Imports
13.28 ₹ Cr
0.0004% share
— YoY
18.69% of Ch. 36
Balance
+205.52
Exports
221.99 ₹ Cr
0.0101% share
−0.64% YoY
26.67% of Ch. 36
Imports
16.47 ₹ Cr
0.0005% share
+24.02% YoY
31.52% of Ch. 36
Balance
+236.15
Exports
261.03 ₹ Cr
0.0121% share
+17.59% YoY
27.38% of Ch. 36
Imports
24.88 ₹ Cr
0.0009% share
+51.06% YoY
37.74% of Ch. 36
Balance
+281.34
Exports
304.77 ₹ Cr
0.0097% share
+16.76% YoY
28.53% of Ch. 36
Imports
23.43 ₹ Cr
0.0005% share
−5.83% YoY
25.62% of Ch. 36
Balance
+458.44
Exports
487.74 ₹ Cr
0.0135% share
+60.04% YoY
31.53% of Ch. 36
Imports
29.30 ₹ Cr
0.0005% share
+25.05% YoY
24.54% of Ch. 36
Balance
+462.99
Exports
510.84 ₹ Cr
0.0141% share
+4.74% YoY
26.22% of Ch. 36
Imports
47.85 ₹ Cr
0.0009% share
+63.31% YoY
28.14% of Ch. 36
Balance
+640.65
Exports
691.61 ₹ Cr
0.0187% share
+35.39% YoY
21.29% of Ch. 36
Imports
50.96 ₹ Cr
0.0008% share
+6.50% YoY
25.66% of Ch. 36
CAGR · 7-Year
Exports
20.72% /yr
Imports
25.12% /yr
reference, FY 2024-25
Export
₹3,247.98 Cr
Import
₹198.62 Cr
Trade Balance
+3,049.36
India's exports under HSN Sub-Chapter 3603 have grown at a compound annual rate of 20.72% over 7 fiscal years, rising from ₹223.42 Crore in FY 2018-19 to ₹691.61 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3603 ranks #458 out of 1233 subchapters by total export value. Within Chapter 36, it ranks #2 of 6. By trade surplus, it ranks #232 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3603 was recorded in FY 2022-23, when exports surged by 60.04% over the prior year.
In FY 2024-25, India's exports of ₹691.61 Cr exceeded imports of ₹50.96 Cr, resulting in a trade surplus of ₹640.65 Crore — ranking #232 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3603 have grown at 25.12% CAGR, reaching ₹50.96 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 36, HSN Sub-Chapter 3603 ranks #2 by export value — accounting for 21.29% of the chapter's total exports in FY 2024-25. On the import side, it holds 25.66% share (rank #2).
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 3603 and GST compliance.
It includes Safety fuses & detonators
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
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.
If your outward supply of Safety fuses & detonators is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.