Consistent Export Growth: 1.10% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7005 have grown at a compound annual rate of 1.10% over 7 fiscal years, rising from ₹515.92 Crore in FY 2018-19 to ₹551.02 Crore in FY 2024-25.
HSN Sub Chapter 7005 represents Float Glass in Sheets under GST classification. This code helps businesses identify Float Glass in Sheets correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7005, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Float Glass in Sheets.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Float Glass in Sheets under HSN Code 7005. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Float Glass in Sheets.
Tariff HSN
Description
Non-wired glass, having an absorbent, reflecting or non-reflecting layer : Tinted
Tariff HSN
Description
Non-wired glass, having an absorbent, reflecting or non-reflecting layer : Other
Tariff HSN
Description
Other non-wired glass : Coloured throughout the mass (body tinted) opacified, flashed or merely surface ground : Tinted
Tariff HSN
Description
Other non-wired glass : Coloured throughout the mass (body tinted) opacified, flashed or merely surface ground : Other
Tariff HSN
Description
Other non-wired glass : Other : Tinted
Tariff HSN
Description
Other non-wired glass : Other : Other
Tariff HSN
Description
Other non-wired glass : Wired glass : Tinted
Tariff HSN
Description
Other non-wired glass : Wired glass : Other
India’s Exports
FY 2024-25₹551 Cr
0.0149% of India’s total exports
India’s Imports
FY 2024-25₹2,552 Cr
0.0418% of India’s total imports
Trade Balance
FY 2024-25−₹2,001 Cr
Surplus rank #1028 of 1233 subchapters
% of Chapter 70
FY 2024-255.70%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 13.71% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#6 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #3 of 19
At a glance
1.10%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#514
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+30.58%
Peak Growth Year
FY 2021-22 · strongest single-year move
5.70%
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
−603.09
Exports
515.92 ₹ Cr
0.0225% share
— YoY
7.75% of Ch. 70
Imports
1,119.01 ₹ Cr
0.0312% share
— YoY
11.81% of Ch. 70
Balance
−552.64
Exports
402.66 ₹ Cr
0.0182% share
−21.95% YoY
6.78% of Ch. 70
Imports
955.30 ₹ Cr
0.0285% share
−14.63% YoY
11.04% of Ch. 70
Balance
−307.16
Exports
349.53 ₹ Cr
0.0163% share
−13.19% YoY
5.68% of Ch. 70
Imports
656.69 ₹ Cr
0.0225% share
−31.26% YoY
8.81% of Ch. 70
Balance
−831.09
Exports
456.43 ₹ Cr
0.0145% share
+30.58% YoY
5.76% of Ch. 70
Imports
1,287.52 ₹ Cr
0.0282% share
+96.06% YoY
12.13% of Ch. 70
Balance
−1,914.34
Exports
406.37 ₹ Cr
0.0112% share
−10.97% YoY
4.83% of Ch. 70
Imports
2,320.71 ₹ Cr
0.0404% share
+80.25% YoY
16.49% of Ch. 70
Balance
−1,992.09
Exports
436.72 ₹ Cr
0.0121% share
+7.47% YoY
4.78% of Ch. 70
Imports
2,428.81 ₹ Cr
0.0432% share
+4.66% YoY
16.45% of Ch. 70
Balance
−2,000.57
Exports
551.02 ₹ Cr
0.0149% share
+26.17% YoY
5.70% of Ch. 70
Imports
2,551.59 ₹ Cr
0.0418% share
+5.06% YoY
13.71% of Ch. 70
CAGR · 7-Year
Exports
1.10% /yr
Imports
14.73% /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 7005 have grown at a compound annual rate of 1.10% over 7 fiscal years, rising from ₹515.92 Crore in FY 2018-19 to ₹551.02 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7005 ranks #514 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #6 of 19. By trade surplus, it ranks #1028 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7005 was recorded in FY 2021-22, when exports surged by 30.58% over the prior year.
In FY 2024-25, India's imports of ₹2,551.59 Cr exceeded exports of ₹551.02 Cr, resulting in a trade deficit of ₹2,000.57 Crore — ranking #1028 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7005 have grown at 14.73% CAGR, reaching ₹2,551.59 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7005 ranks #6 by export value — accounting for 5.70% of the chapter's total exports in FY 2024-25. On the import side, it holds 13.71% share (rank #3).
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 7005 and GST compliance.
It includes Float Glass in Sheets
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Float Glass in Sheets are forward charge. Check the current notifications for any special cases before deciding.
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 Float Glass in Sheets 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.
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.
Use a delivery challan for sending Float Glass in Sheets 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.