Export Decline: −8.51% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7004 have declined at a compound annual rate of −8.51% over 7 fiscal years, falling from ₹17.53 Crore in FY 2018-19 to ₹10.28 Crore in FY 2024-25.
HSN Sub Chapter 7004 represents Drawn & Blown Glass under GST classification. This code helps businesses identify Drawn & Blown Glass correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7004, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Drawn & Blown Glass.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Drawn & Blown Glass under HSN Code 7004. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Drawn & Blown Glass.
Tariff HSN
Description
Glass, coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Window glass (sheet glass) : Tinted
Tariff HSN
Description
Glass, coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Window glass (sheet glass) : Other
Tariff HSN
Description
Glass, coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Other : Tinted
Tariff HSN
Description
Glass, coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer : Other : Other
Tariff HSN
Description
Other glass : Window glass (sheet glass) : Tinted
Tariff HSN
Description
Other glass : Window glass (sheet glass) : Other
Tariff HSN
Description
Other glass : Other: Tinted
Tariff HSN
Description
Other glass : Other: Other
India’s Exports
FY 2024-25₹10 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹79 Cr
0.0013% of India’s total imports
Trade Balance
FY 2024-25−₹69 Cr
Surplus rank #696 of 1233 subchapters
% of Chapter 70
FY 2024-250.11%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 0.42% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#16 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #15 of 19
At a glance
−8.51%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1049
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+51.04%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.11%
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
−24.37
Exports
17.53 ₹ Cr
0.0008% share
— YoY
0.26% of Ch. 70
Imports
41.90 ₹ Cr
0.0012% share
— YoY
0.44% of Ch. 70
Balance
−41.87
Exports
13.97 ₹ Cr
0.0006% share
−20.31% YoY
0.24% of Ch. 70
Imports
55.84 ₹ Cr
0.0017% share
+33.27% YoY
0.65% of Ch. 70
Balance
−23.43
Exports
13.91 ₹ Cr
0.0006% share
−0.43% YoY
0.23% of Ch. 70
Imports
37.34 ₹ Cr
0.0013% share
−33.13% YoY
0.50% of Ch. 70
Balance
−46.23
Exports
21.01 ₹ Cr
0.0007% share
+51.04% YoY
0.27% of Ch. 70
Imports
67.24 ₹ Cr
0.0015% share
+80.08% YoY
0.63% of Ch. 70
Balance
−63.36
Exports
16.74 ₹ Cr
0.0005% share
−20.32% YoY
0.20% of Ch. 70
Imports
80.10 ₹ Cr
0.0014% share
+19.13% YoY
0.57% of Ch. 70
Balance
−71.32
Exports
11.83 ₹ Cr
0.0003% share
−29.33% YoY
0.13% of Ch. 70
Imports
83.15 ₹ Cr
0.0015% share
+3.81% YoY
0.56% of Ch. 70
Balance
−68.58
Exports
10.28 ₹ Cr
0.0003% share
−13.10% YoY
0.11% of Ch. 70
Imports
78.86 ₹ Cr
0.0013% share
−5.16% YoY
0.42% of Ch. 70
CAGR · 7-Year
Exports
−8.51% /yr
Imports
11.12% /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 7004 have declined at a compound annual rate of −8.51% over 7 fiscal years, falling from ₹17.53 Crore in FY 2018-19 to ₹10.28 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7004 ranks #1049 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #16 of 19. By trade surplus, it ranks #696 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7004 was recorded in FY 2021-22, when exports surged by 51.04% over the prior year.
In FY 2024-25, India's imports of ₹78.86 Cr exceeded exports of ₹10.28 Cr, resulting in a trade deficit of ₹68.58 Crore — ranking #696 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7004 have grown at 11.12% CAGR, reaching ₹78.86 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7004 ranks #16 by export value — accounting for 0.11% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.42% share (rank #15).
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 7004 and GST compliance.
It includes Drawn & Blown Glass
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Drawn & Blown Glass is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
If your outward supply of Drawn & Blown 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.
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.
Use a delivery challan for sending Drawn & Blown 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.
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.