7014 HSN Code: Signalling Glassware

HSN Sub Chapter 7014 represents Signalling Glassware under GST classification. This code helps businesses identify Signalling Glassware correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7014, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Signalling Glassware.

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New GST Rate for HSN Code 7014

GST Rate for Signalling Glassware under HSN Code 7014. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

70

HSN Code

7014

HSN Description

Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7014

Following tariff HSN codes fall under Signalling Glassware.

Tariff HSN

70140010

Description

Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked : Signalling glassware

Tariff HSN

70140020

Description

Signalling glassware and optical elements of glass (other than those of heading 7015), not optically worked : Optical elements

India’s Trade Performance — HSN Sub-Chapter 7014 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

₹1 Cr

−96.31% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹91 Cr

+230.17% vs FY 2023-24

0.0015% of India’s total imports

Trade Balance

FY 2024-25

−₹89 Cr

Trade Deficit

Surplus rank #708 of 1233 subchapters

% of Chapter 70

FY 2024-25

0.01%

Share of Chapter 70’s total exports in FY 2024-25

Import side: 0.49% of Chapter 70’s imports

Rank Within Chapter 70

FY 2024-25

#17 of 19

Position by export value among subchapters in Chapter 70

Import-side rank: #13 of 19

At a glance

−50.50%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1136

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+1,326.85%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Ch. 70

Share of Chapter 70 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7014

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 #732

Balance

−137.50

Exports

91.75 ₹ Cr

0.0040% share

— YoY

1.38% of Ch. 70

Imports

229.25 ₹ Cr

0.0064% share

— YoY

2.42% of Ch. 70

FY 2019-20 Exp. Rank #737

Balance

−57.39

Exports

91.47 ₹ Cr

0.0041% share

−0.31% YoY

1.54% of Ch. 70

Imports

148.86 ₹ Cr

0.0044% share

−35.07% YoY

1.72% of Ch. 70

FY 2020-21 Exp. Rank #810

Balance

+35.41

Exports

60.76 ₹ Cr

0.0028% share

−33.57% YoY

0.99% of Ch. 70

Imports

25.35 ₹ Cr

0.0009% share

−82.97% YoY

0.34% of Ch. 70

FY 2021-22 Exp. Rank #1123

Balance

−61.28

Exports

1.49 ₹ Cr

0.0000% share

−97.55% YoY

0.02% of Ch. 70

Imports

62.77 ₹ Cr

0.0014% share

+147.61% YoY

0.59% of Ch. 70

FY 2022-23 Exp. Rank #979

Balance

−21.56

Exports

21.26 ₹ Cr

0.0006% share

+1,326.85% YoY

0.25% of Ch. 70

Imports

42.82 ₹ Cr

0.0007% share

−31.78% YoY

0.30% of Ch. 70

FY 2023-24 Exp. Rank #945

Balance

+9.12

Exports

36.56 ₹ Cr

0.0010% share

+71.97% YoY

0.40% of Ch. 70

Imports

27.44 ₹ Cr

0.0005% share

−35.92% YoY

0.19% of Ch. 70

FY 2024-25 Exp. Rank #1136

Balance

−89.25

Exports

1.35 ₹ Cr

0.0000% share

−96.31% YoY

0.01% of Ch. 70

Imports

90.60 ₹ Cr

0.0015% share

+230.17% YoY

0.49% of Ch. 70

CAGR · 7-Year

Exports

−50.50% /yr

Imports

−14.34% /yr

Consistently Deficit
Chapter 70 total

reference, FY 2024-25

Export

₹9,665.87 Cr

Import

₹18,611.36 Cr

Trade Balance

−8,945.49

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 7014 Export-Import Analysis

Export Decline: −50.50% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7014 have declined at a compound annual rate of −50.50% over 7 fiscal years, falling from ₹91.75 Crore in FY 2018-19 to ₹1.35 Crore in FY 2024-25.

HSN Sub-Chapter 7014 Ranked #1136 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7014 ranks #1136 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #17 of 19. By trade surplus, it ranks #708 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 7014 Exports

The strongest single-year export movement for HSN Sub-Chapter 7014 was recorded in FY 2022-23, when exports surged by 1,326.85% over the prior year.

India Records a Trade Deficit of ₹89.25 Crore in HSN Sub-Chapter 7014 Goods

In FY 2024-25, India's imports of ₹90.60 Cr exceeded exports of ₹1.35 Cr, resulting in a trade deficit of ₹89.25 Crore — ranking #708 of 1233 by surplus magnitude.

Import Growth of −14.34% CAGR Signals Stable Import Dependency for Signalling Glassware

India's imports under HSN Sub-Chapter 7014 have grown at −14.34% CAGR, reaching ₹90.60 Crore in FY 2024-25.

HSN Sub-Chapter 7014 Contributes 0.01% of Chapter 70 Exports — Ranked #17

Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7014 ranks #17 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.49% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7014 and GST compliance.

What products are classified under HSN 7014

It includes Signalling Glassware

What are the e‑way bill and e‑invoice points while moving Signalling Glassware?

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.

Does MRP, weight or pack size change GST treatment for Signalling Glassware?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

Any import/export nuance for Signalling Glassware?

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.

How are warranty replacements of Signalling Glassware 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.

Is the composition scheme suitable if I mainly trade Signalling Glassware?

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.

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.

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