Consistent Export Growth: 21.32% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7003 have grown at a compound annual rate of 21.32% over 7 fiscal years, rising from ₹6.62 Crore in FY 2018-19 to ₹21.11 Crore in FY 2024-25.
HSN Sub Chapter 7003 represents Cast & rolled glass under GST classification. This code helps businesses identify Cast & rolled glass correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7003, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cast & rolled glass.
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GST Rate for Cast & rolled glass under HSN Code 7003. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Cast & rolled glass.
Tariff HSN
Description
Non-wired sheets : Coloured throughout the mass (body-tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Tinted
Tariff HSN
Description
Non-wired sheets : Coloured throughout the mass (body-tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Other
Tariff HSN
Description
Non-wired sheets : Other: Tinted
Tariff HSN
Description
Non-wired sheets : Other: Other
Tariff HSN
Description
Wired sheets : Tinted
Tariff HSN
Description
Wired sheets : Other
Tariff HSN
Description
Profiles : Tinted
Tariff HSN
Description
Profiles : Other
India’s Exports
FY 2024-25₹21 Cr
0.0006% of India’s total exports
India’s Imports
FY 2024-25₹127 Cr
0.0021% of India’s total imports
Trade Balance
FY 2024-25−₹105 Cr
Surplus rank #728 of 1233 subchapters
% of Chapter 70
FY 2024-250.22%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 0.68% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#13 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #12 of 19
At a glance
21.32%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#998
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+112.68%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.22%
Contribution to Ch. 70
Share of Chapter 70 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
−24.92
Exports
6.62 ₹ Cr
0.0003% share
— YoY
0.10% of Ch. 70
Imports
31.54 ₹ Cr
0.0009% share
— YoY
0.33% of Ch. 70
Balance
−14.56
Exports
8.32 ₹ Cr
0.0004% share
+25.68% YoY
0.14% of Ch. 70
Imports
22.88 ₹ Cr
0.0007% share
−27.46% YoY
0.26% of Ch. 70
Balance
−8.14
Exports
9.94 ₹ Cr
0.0005% share
+19.47% YoY
0.16% of Ch. 70
Imports
18.08 ₹ Cr
0.0006% share
−20.98% YoY
0.24% of Ch. 70
Balance
−6.84
Exports
21.14 ₹ Cr
0.0007% share
+112.68% YoY
0.27% of Ch. 70
Imports
27.98 ₹ Cr
0.0006% share
+54.76% YoY
0.26% of Ch. 70
Balance
−15.82
Exports
25.07 ₹ Cr
0.0007% share
+18.59% YoY
0.30% of Ch. 70
Imports
40.89 ₹ Cr
0.0007% share
+46.14% YoY
0.29% of Ch. 70
Balance
−57.71
Exports
36.23 ₹ Cr
0.0010% share
+44.52% YoY
0.40% of Ch. 70
Imports
93.94 ₹ Cr
0.0017% share
+129.74% YoY
0.64% of Ch. 70
Balance
−105.48
Exports
21.11 ₹ Cr
0.0006% share
−41.73% YoY
0.22% of Ch. 70
Imports
126.59 ₹ Cr
0.0021% share
+34.76% YoY
0.68% of Ch. 70
CAGR · 7-Year
Exports
21.32% /yr
Imports
26.06% /yr
reference, FY 2024-25
Export
₹9,665.87 Cr
Import
₹18,611.36 Cr
Trade Balance
−8,945.49
India's exports under HSN Sub-Chapter 7003 have grown at a compound annual rate of 21.32% over 7 fiscal years, rising from ₹6.62 Crore in FY 2018-19 to ₹21.11 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7003 ranks #998 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #13 of 19. By trade surplus, it ranks #728 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7003 was recorded in FY 2021-22, when exports surged by 112.68% over the prior year.
In FY 2024-25, India's imports of ₹126.59 Cr exceeded exports of ₹21.11 Cr, resulting in a trade deficit of ₹105.48 Crore — ranking #728 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7003 have grown at 26.06% CAGR, reaching ₹126.59 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7003 ranks #13 by export value — accounting for 0.22% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.68% share (rank #12).
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 7003 and GST compliance.
It includes Cast & rolled glass
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.
If your outward supply of Cast & rolled glass 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.
Use a delivery challan for sending Cast & rolled glass to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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.