Consistent Export Growth: 13.37% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7009 have grown at a compound annual rate of 13.37% over 7 fiscal years, rising from ₹310.08 Crore in FY 2018-19 to ₹658.35 Crore in FY 2024-25.
HSN Sub Chapter 7009 represents Glass mirrors under GST classification. This code helps businesses identify Glass mirrors correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7009, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Glass mirrors.
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GST Rate for Glass mirrors under HSN Code 7009. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Glass mirrors.
India’s Exports
FY 2024-25₹658 Cr
0.0178% of India’s total exports
India’s Imports
FY 2024-25₹703 Cr
0.0115% of India’s total imports
Trade Balance
FY 2024-25−₹44 Cr
Surplus rank #661 of 1233 subchapters
% of Chapter 70
FY 2024-256.81%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 3.78% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#4 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #8 of 19
At a glance
13.37%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#472
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+39.67%
Peak Growth Year
FY 2021-22 · strongest single-year move
6.81%
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
−188.86
Exports
310.08 ₹ Cr
0.0135% share
— YoY
4.66% of Ch. 70
Imports
498.94 ₹ Cr
0.0139% share
— YoY
5.27% of Ch. 70
Balance
−49.66
Exports
374.86 ₹ Cr
0.0170% share
+20.89% YoY
6.31% of Ch. 70
Imports
424.52 ₹ Cr
0.0127% share
−14.92% YoY
4.90% of Ch. 70
Balance
+128.76
Exports
486.04 ₹ Cr
0.0226% share
+29.66% YoY
7.90% of Ch. 70
Imports
357.28 ₹ Cr
0.0123% share
−15.84% YoY
4.79% of Ch. 70
Balance
+202.05
Exports
678.87 ₹ Cr
0.0216% share
+39.67% YoY
8.56% of Ch. 70
Imports
476.82 ₹ Cr
0.0104% share
+33.46% YoY
4.49% of Ch. 70
Balance
−19.25
Exports
617.15 ₹ Cr
0.0170% share
−9.09% YoY
7.34% of Ch. 70
Imports
636.40 ₹ Cr
0.0111% share
+33.47% YoY
4.52% of Ch. 70
Balance
−20.13
Exports
633.11 ₹ Cr
0.0175% share
+2.59% YoY
6.92% of Ch. 70
Imports
653.24 ₹ Cr
0.0116% share
+2.65% YoY
4.42% of Ch. 70
Balance
−44.31
Exports
658.35 ₹ Cr
0.0178% share
+3.99% YoY
6.81% of Ch. 70
Imports
702.66 ₹ Cr
0.0115% share
+7.57% YoY
3.78% of Ch. 70
CAGR · 7-Year
Exports
13.37% /yr
Imports
5.87% /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 7009 have grown at a compound annual rate of 13.37% over 7 fiscal years, rising from ₹310.08 Crore in FY 2018-19 to ₹658.35 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7009 ranks #472 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #4 of 19. By trade surplus, it ranks #661 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7009 was recorded in FY 2021-22, when exports surged by 39.67% over the prior year.
In FY 2024-25, India's imports of ₹702.66 Cr exceeded exports of ₹658.35 Cr, resulting in a trade deficit of ₹44.31 Crore — ranking #661 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7009 have grown at 5.87% CAGR, reaching ₹702.66 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7009 ranks #4 by export value — accounting for 6.81% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.78% share (rank #8).
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 7009 and GST compliance.
It includes Glass mirrors
If your outward supply of Glass mirrors 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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Glass mirrors 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 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.
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.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.