Export Decline: −3.79% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6603 have declined at a compound annual rate of −3.79% over 7 fiscal years, falling from ₹7.74 Crore in FY 2018-19 to ₹6.14 Crore in FY 2024-25.
6603 HSN Code: Articles for headings 6601-6602
HSN Sub Chapter 6603 represents Articles for headings 6601-6602 under GST classification. This code helps businesses identify Articles for headings 6601-6602 correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6603, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Articles for headings 6601-6602.
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New GST Rate for HSN Code 6603
GST Rate for Articles for headings 6601-6602 under HSN Code 6603. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Tariff HSN Codes under HSN Sub Chapter 6603
Following tariff HSN codes fall under Articles for headings 6601-6602.
Tariff HSN
Description
Tariff HSN
Description
Parts, trimmings and accessories of articles of heading 6601 to 6602- handles and knobs:umbrella handles with or without stems, plastic
Tariff HSN
Description
Parts, trimmings and accessories of articles of heading 6601 to 6602- handles and knobs:other
Tariff HSN
Description
Umbrella frames, including frames mounted on shafts (sticks)
Tariff HSN
Description
Other : Umbrella ribs
Tariff HSN
Description
Other : Other
India’s Trade Performance — HSN Sub-Chapter 6603 in FY 2024-25
TradeStat EIDB — Ministry of Commerce & Industry
FY 2018-19–FY 2024-25
Values in ₹ Crore
India’s Exports
FY 2024-25₹6 Cr
−10.37%
vs FY 2023-24
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹256 Cr
−0.30%
vs FY 2023-24
0.0042% of India’s total imports
Trade Balance
FY 2024-25−₹250 Cr
Trade Deficit
Surplus rank #807 of 1233 subchapters
% of Chapter 66
FY 2024-2513.75%
Share of Chapter 66’s total exports in FY 2024-25
Import side: 58.05% of Chapter 66’s imports
Rank Within Chapter 66
FY 2024-25#2 of 3
Position by export value among subchapters in Chapter 66
Import-side rank: #1 of 3
At a glance
−3.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1077
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+60.72%
Peak Growth Year
FY 2022-23 · strongest single-year move
13.75%
Contribution to Ch. 66
Share of Chapter 66 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Sub-Chapter 6603
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
FY 2018-19
Exp. Rank #1024
Balance
−141.25
Exports
7.74 ₹ Cr
0.0003% share
— YoY
34.05% of Ch. 66
Imports
148.99 ₹ Cr
0.0041% share
— YoY
56.93% of Ch. 66
FY 2019-20
Exp. Rank #1009
Balance
−113.64
Exports
8.55 ₹ Cr
0.0004% share
+10.47% YoY
38.86% of Ch. 66
Imports
122.19 ₹ Cr
0.0036% share
−17.99% YoY
50.86% of Ch. 66
FY 2020-21
Exp. Rank #1005
Balance
−88.81
Exports
8.25 ₹ Cr
0.0004% share
−3.51% YoY
39.44% of Ch. 66
Imports
97.06 ₹ Cr
0.0033% share
−20.57% YoY
59.37% of Ch. 66
FY 2021-22
Exp. Rank #1037
Balance
−94.62
Exports
7.23 ₹ Cr
0.0002% share
−12.36% YoY
25.47% of Ch. 66
Imports
101.85 ₹ Cr
0.0022% share
+4.94% YoY
57.24% of Ch. 66
FY 2022-23
Exp. Rank #1026
Balance
−181.08
Exports
11.62 ₹ Cr
0.0003% share
+60.72% YoY
30.90% of Ch. 66
Imports
192.70 ₹ Cr
0.0034% share
+89.20% YoY
60.13% of Ch. 66
FY 2023-24
Exp. Rank #1064
Balance
−250.25
Exports
6.85 ₹ Cr
0.0002% share
−41.05% YoY
18.29% of Ch. 66
Imports
257.10 ₹ Cr
0.0046% share
+33.42% YoY
62.27% of Ch. 66
FY 2024-25
Exp. Rank #1077
Balance
−250.19
Exports
6.14 ₹ Cr
0.0002% share
−10.37% YoY
13.75% of Ch. 66
Imports
256.33 ₹ Cr
0.0042% share
−0.30% YoY
58.05% of Ch. 66
CAGR · 7-Year
Exports
−3.79% /yr
Imports
9.46% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Sub-Chapter 6603 Export-Import Analysis
HSN Sub-Chapter 6603 Ranked #1077 Among All 1233 Subchapters by Export Value
In FY 2024-25, HSN Sub-Chapter 6603 ranks #1077 out of 1233 subchapters by total export value. Within Chapter 66, it ranks #2 of 3. By trade surplus, it ranks #807 of 1233.
FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 6603 Exports
The strongest single-year export movement for HSN Sub-Chapter 6603 was recorded in FY 2022-23, when exports surged by 60.72% over the prior year.
India Records a Trade Deficit of ₹250.19 Crore in HSN Sub-Chapter 6603 Goods
In FY 2024-25, India's imports of ₹256.33 Cr exceeded exports of ₹6.14 Cr, resulting in a trade deficit of ₹250.19 Crore — ranking #807 of 1233 by surplus magnitude.
Import Growth of 9.46% CAGR Signals Stable Import Dependency for Articles for headings 6601-6602
India's imports under HSN Sub-Chapter 6603 have grown at 9.46% CAGR, reaching ₹256.33 Crore in FY 2024-25.
HSN Sub-Chapter 6603 Contributes 13.75% of Chapter 66 Exports — Ranked #2
Among the 3 subchapters under Chapter 66, HSN Sub-Chapter 6603 ranks #2 by export value — accounting for 13.75% of the chapter's total exports in FY 2024-25. On the import side, it holds 58.05% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Sub Chapter 6603 and GST compliance.
What products are classified under HSN 6603
It includes Articles for headings 6601-6602
How are warranty replacements of Articles for headings 6601-6602 handled?
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.
Any import/export nuance for Articles for headings 6601-6602?
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.
If I repair and return Articles for headings 6601-6602, how should I charge GST?
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.
Can reverse charge ever apply to transactions involving Articles for headings 6601-6602?
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Articles for headings 6601-6602 are forward charge. Check the current notifications for any special cases before deciding.
What should my invoice and records include for Articles for headings 6601-6602?
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.
Important Disclaimer
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.