8303 HSN Code: Armoured Safes & Boxes

HSN Sub Chapter 8303 represents Armoured Safes & Boxes under GST classification. This code helps businesses identify Armoured Safes & Boxes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8303, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Armoured Safes & Boxes.

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New GST Rate for HSN Code 8303

GST Rate for Armoured Safes & Boxes under HSN Code 8303. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

83

HSN Code

8303

HSN Description

Armoured or reinforced safes, strong-boxes and doors and safe deposit lockers for strong-rooms, cash or deed boxes and the like, of base metal

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8303

Following tariff HSN codes fall under Armoured Safes & Boxes.

Tariff HSN

83030000

Description

Armoured or reinforced safes, strong-boxes and doors and safe deposit lockers for strong-rooms, cash or deed boxes and the like, of base metal

India’s Trade Performance — HSN Sub-Chapter 8303 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

₹144 Cr

+83.63% vs FY 2023-24

0.0039% of India’s total exports

India’s Imports

FY 2024-25

₹112 Cr

+1.09% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

₹33 Cr

Trade Surplus

Surplus rank #451 of 1233 subchapters

% of Chapter 83

FY 2024-25

1.75%

Share of Chapter 83’s total exports in FY 2024-25

Import side: 1.05% of Chapter 83’s imports

Rank Within Chapter 83

FY 2024-25

#9 of 11

Position by export value among subchapters in Chapter 83

Import-side rank: #7 of 11

At a glance

6.13%

Export CAGR

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

#769

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+83.63%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.75%

Contribution to Ch. 83

Share of Chapter 83 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8303

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 #721

Balance

−44.13

Exports

101.00 ₹ Cr

0.0044% share

— YoY

2.27% of Ch. 83

Imports

145.13 ₹ Cr

0.0040% share

— YoY

2.10% of Ch. 83

FY 2019-20 Exp. Rank #719

Balance

+41.78

Exports

101.12 ₹ Cr

0.0046% share

+0.12% YoY

2.18% of Ch. 83

Imports

59.34 ₹ Cr

0.0018% share

−59.11% YoY

0.90% of Ch. 83

FY 2020-21 Exp. Rank #822

Balance

+13.16

Exports

54.86 ₹ Cr

0.0026% share

−45.75% YoY

1.09% of Ch. 83

Imports

41.70 ₹ Cr

0.0014% share

−29.73% YoY

0.76% of Ch. 83

FY 2021-22 Exp. Rank #806

Balance

+1.43

Exports

83.66 ₹ Cr

0.0027% share

+52.50% YoY

1.22% of Ch. 83

Imports

82.23 ₹ Cr

0.0018% share

+97.19% YoY

0.97% of Ch. 83

FY 2022-23 Exp. Rank #812

Balance

−12.50

Exports

95.05 ₹ Cr

0.0026% share

+13.61% YoY

1.38% of Ch. 83

Imports

107.55 ₹ Cr

0.0019% share

+30.79% YoY

1.09% of Ch. 83

FY 2023-24 Exp. Rank #840

Balance

−31.97

Exports

78.58 ₹ Cr

0.0022% share

−17.33% YoY

1.08% of Ch. 83

Imports

110.55 ₹ Cr

0.0020% share

+2.79% YoY

1.11% of Ch. 83

FY 2024-25 Exp. Rank #769

Balance

+32.55

Exports

144.30 ₹ Cr

0.0039% share

+83.63% YoY

1.75% of Ch. 83

Imports

111.75 ₹ Cr

0.0018% share

+1.09% YoY

1.05% of Ch. 83

CAGR · 7-Year

Exports

6.13% /yr

Imports

−4.26% /yr

Consistently Surplus
Chapter 83 total

reference, FY 2024-25

Export

₹8,222.98 Cr

Import

₹10,642.18 Cr

Trade Balance

−2,419.20

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

Key Trade Insights: HSN Sub-Chapter 8303 Export-Import Analysis

Consistent Export Growth: 6.13% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8303 have grown at a compound annual rate of 6.13% over 7 fiscal years, rising from ₹101.00 Crore in FY 2018-19 to ₹144.30 Crore in FY 2024-25.

HSN Sub-Chapter 8303 Ranked #769 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8303 ranks #769 out of 1233 subchapters by total export value. Within Chapter 83, it ranks #9 of 11. By trade surplus, it ranks #451 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 8303 Exports

The strongest single-year export movement for HSN Sub-Chapter 8303 was recorded in FY 2024-25, when exports surged by 83.63% over the prior year.

India Maintains a Trade Surplus of ₹32.55 Crore in HSN Sub-Chapter 8303 Goods

In FY 2024-25, India's exports of ₹144.30 Cr exceeded imports of ₹111.75 Cr, resulting in a trade surplus of ₹32.55 Crore — ranking #451 of 1233 by surplus magnitude.

Import Growth of −4.26% CAGR Signals Stable Import Dependency for Armoured Safes & Boxes

India's imports under HSN Sub-Chapter 8303 have grown at −4.26% CAGR, reaching ₹111.75 Crore in FY 2024-25.

HSN Sub-Chapter 8303 Contributes 1.75% of Chapter 83 Exports — Ranked #9

Among the 11 subchapters under Chapter 83, HSN Sub-Chapter 8303 ranks #9 by export value — accounting for 1.75% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.05% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8303 and GST compliance.

What products are classified under HSN 8303

It includes Armoured Safes & Boxes

How are warranty replacements of Armoured Safes & Boxes 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.

Can I claim ITC on inputs and services used for Armoured Safes & Boxes?

If your outward supply of Armoured Safes & Boxes 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.

What misclassification mistakes happen with Armoured Safes & Boxes?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Do spares or accessories of Armoured Safes & Boxes follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How do I bill a kit or combo that includes Armoured Safes & Boxes?

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.

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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