Consistent Export Growth: 8.46% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5401 have grown at a compound annual rate of 8.46% over 7 fiscal years, rising from ₹88.05 Crore in FY 2018-19 to ₹143.32 Crore in FY 2024-25.
HSN Sub Chapter 5401 represents Military weapons under GST classification. This code helps businesses identify Military weapons correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5401, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Military weapons.
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GST Rate for Military weapons under HSN Code 5401. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Military weapons.
India’s Exports
FY 2024-25₹143 Cr
0.0039% of India’s total exports
India’s Imports
FY 2024-25₹109 Cr
0.0018% of India’s total imports
Trade Balance
FY 2024-25₹34 Cr
Surplus rank #450 of 1233 subchapters
% of Chapter 54
FY 2024-250.96%
Share of Chapter 54’s total exports in FY 2024-25
Import side: 0.85% of Chapter 54’s imports
Rank Within Chapter 54
FY 2024-25#5 of 8
Position by export value among subchapters in Chapter 54
Import-side rank: #6 of 8
At a glance
8.46%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#773
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+49.01%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.96%
Contribution to Ch. 54
Share of Chapter 54 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
+7.28
Exports
88.05 ₹ Cr
0.0038% share
— YoY
0.55% of Ch. 54
Imports
80.77 ₹ Cr
0.0022% share
— YoY
1.18% of Ch. 54
Balance
−1.94
Exports
78.95 ₹ Cr
0.0036% share
−10.34% YoY
0.47% of Ch. 54
Imports
80.89 ₹ Cr
0.0024% share
+0.15% YoY
1.10% of Ch. 54
Balance
+7.74
Exports
68.80 ₹ Cr
0.0032% share
−12.86% YoY
0.60% of Ch. 54
Imports
61.06 ₹ Cr
0.0021% share
−24.51% YoY
0.91% of Ch. 54
Balance
+8.01
Exports
102.52 ₹ Cr
0.0033% share
+49.01% YoY
0.57% of Ch. 54
Imports
94.51 ₹ Cr
0.0021% share
+54.78% YoY
0.85% of Ch. 54
Balance
−16.52
Exports
107.62 ₹ Cr
0.0030% share
+4.97% YoY
0.68% of Ch. 54
Imports
124.14 ₹ Cr
0.0022% share
+31.35% YoY
0.87% of Ch. 54
Balance
+15.68
Exports
124.64 ₹ Cr
0.0034% share
+15.81% YoY
0.86% of Ch. 54
Imports
108.96 ₹ Cr
0.0019% share
−12.23% YoY
0.79% of Ch. 54
Balance
+34.02
Exports
143.32 ₹ Cr
0.0039% share
+14.99% YoY
0.96% of Ch. 54
Imports
109.30 ₹ Cr
0.0018% share
+0.31% YoY
0.85% of Ch. 54
CAGR · 7-Year
Exports
8.46% /yr
Imports
5.17% /yr
reference, FY 2024-25
Export
₹14,969.99 Cr
Import
₹12,823.04 Cr
Trade Balance
+2,146.95
India's exports under HSN Sub-Chapter 5401 have grown at a compound annual rate of 8.46% over 7 fiscal years, rising from ₹88.05 Crore in FY 2018-19 to ₹143.32 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5401 ranks #773 out of 1233 subchapters by total export value. Within Chapter 54, it ranks #5 of 8. By trade surplus, it ranks #450 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5401 was recorded in FY 2021-22, when exports surged by 49.01% over the prior year.
In FY 2024-25, India's exports of ₹143.32 Cr exceeded imports of ₹109.30 Cr, resulting in a trade surplus of ₹34.02 Crore — ranking #450 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5401 have grown at 5.17% CAGR, reaching ₹109.30 Crore in FY 2024-25.
Among the 8 subchapters under Chapter 54, HSN Sub-Chapter 5401 ranks #5 by export value — accounting for 0.96% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.85% share (rank #6).
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 5401 and GST compliance.
It includes Military weapons
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.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
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.
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.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.