8308 HSN Code: Clasps & Buckles

HSN Sub Chapter 8308 represents Clasps & Buckles under GST classification. This code helps businesses identify Clasps & Buckles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8308, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Clasps & Buckles.

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New GST Rate for HSN Code 8308

GST Rate for Clasps & Buckles under HSN Code 8308. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

83

HSN Code

8308

HSN Description

Clasps, frames with clasps, buckles, buckleclasps, hooks, eyes, eyelets and the like, of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles; tubular or bifurcated rivets, of base metal; beads and spangles, of base metals

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8308

Following tariff HSN codes fall under Clasps & Buckles.

Tariff HSN

83081010

Description

Hooks, eyes and eyelets : Hooks and eyes

Tariff HSN

83081021

Description

Hooks, eyes and eyelets : Eyelets : For footwear

Tariff HSN

83081029

Description

Hooks, eyes and eyelets : Eyelets : Other

Tariff HSN

83082000

Description

Tubular or bifurcated rivets

Tariff HSN

83089011

Description

Other, including parts : Buckles : For footwear

Tariff HSN

83089019

Description

Other, including parts : Buckles : Other

Tariff HSN

83089020

Description

Other, including parts : Imitation zari spangles

Tariff HSN

83089031

Description

Other, including parts : Beads and spangles of base metal : For garments, made ups, knitwear, plastic and leather goods

Tariff HSN

83089039

Description

Other, including parts : Beads and spangles of base metal : Other

Tariff HSN

83089040

Description

Other, including parts : Fittings for travel requisites and leather goods

Tariff HSN

83089091

Description

Other, including parts : Other : For garments, made ups, knitwear, plastic and leather goods

Tariff HSN

83089099

Description

Other, including parts : Other : Other

India’s Trade Performance — HSN Sub-Chapter 8308 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

₹191 Cr

+33.54% vs FY 2023-24

0.0052% of India’s total exports

India’s Imports

FY 2024-25

₹1,150 Cr

+19.98% vs FY 2023-24

0.0189% of India’s total imports

Trade Balance

FY 2024-25

−₹959 Cr

Trade Deficit

Surplus rank #948 of 1233 subchapters

% of Chapter 83

FY 2024-25

2.33%

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

Import side: 10.80% of Chapter 83’s imports

Rank Within Chapter 83

FY 2024-25

#8 of 11

Position by export value among subchapters in Chapter 83

Import-side rank: #3 of 11

At a glance

13.42%

Export CAGR

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

#707

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+45.23%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.33%

Contribution to Ch. 83

Share of Chapter 83 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8308

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 #737

Balance

−776.22

Exports

89.80 ₹ Cr

0.0039% share

— YoY

2.02% of Ch. 83

Imports

866.02 ₹ Cr

0.0241% share

— YoY

12.53% of Ch. 83

FY 2019-20 Exp. Rank #702

Balance

−803.82

Exports

114.55 ₹ Cr

0.0052% share

+27.56% YoY

2.47% of Ch. 83

Imports

918.37 ₹ Cr

0.0274% share

+6.04% YoY

13.86% of Ch. 83

FY 2020-21 Exp. Rank #777

Balance

−510.28

Exports

74.55 ₹ Cr

0.0035% share

−34.92% YoY

1.48% of Ch. 83

Imports

584.83 ₹ Cr

0.0201% share

−36.32% YoY

10.68% of Ch. 83

FY 2021-22 Exp. Rank #769

Balance

−819.65

Exports

108.27 ₹ Cr

0.0034% share

+45.23% YoY

1.58% of Ch. 83

Imports

927.92 ₹ Cr

0.0203% share

+58.66% YoY

10.97% of Ch. 83

FY 2022-23 Exp. Rank #762

Balance

−935.18

Exports

133.51 ₹ Cr

0.0037% share

+23.31% YoY

1.93% of Ch. 83

Imports

1,068.69 ₹ Cr

0.0186% share

+15.17% YoY

10.83% of Ch. 83

FY 2023-24 Exp. Rank #752

Balance

−815.10

Exports

143.19 ₹ Cr

0.0040% share

+7.25% YoY

1.96% of Ch. 83

Imports

958.29 ₹ Cr

0.0171% share

−10.33% YoY

9.60% of Ch. 83

FY 2024-25 Exp. Rank #707

Balance

−958.57

Exports

191.21 ₹ Cr

0.0052% share

+33.54% YoY

2.33% of Ch. 83

Imports

1,149.78 ₹ Cr

0.0189% share

+19.98% YoY

10.80% of Ch. 83

CAGR · 7-Year

Exports

13.42% /yr

Imports

4.84% /yr

Consistently Deficit
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 8308 Export-Import Analysis

Consistent Export Growth: 13.42% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8308 have grown at a compound annual rate of 13.42% over 7 fiscal years, rising from ₹89.80 Crore in FY 2018-19 to ₹191.21 Crore in FY 2024-25.

HSN Sub-Chapter 8308 Ranked #707 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8308 ranks #707 out of 1233 subchapters by total export value. Within Chapter 83, it ranks #8 of 11. By trade surplus, it ranks #948 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8308 Exports

The strongest single-year export movement for HSN Sub-Chapter 8308 was recorded in FY 2021-22, when exports surged by 45.23% over the prior year.

India Records a Trade Deficit of ₹958.57 Crore in HSN Sub-Chapter 8308 Goods

In FY 2024-25, India's imports of ₹1,149.78 Cr exceeded exports of ₹191.21 Cr, resulting in a trade deficit of ₹958.57 Crore — ranking #948 of 1233 by surplus magnitude.

Import Growth of 4.84% CAGR Signals Stable Import Dependency for Clasps & Buckles

India's imports under HSN Sub-Chapter 8308 have grown at 4.84% CAGR, reaching ₹1,149.78 Crore in FY 2024-25.

HSN Sub-Chapter 8308 Contributes 2.33% of Chapter 83 Exports — Ranked #8

Among the 11 subchapters under Chapter 83, HSN Sub-Chapter 8308 ranks #8 by export value — accounting for 2.33% of the chapter's total exports in FY 2024-25. On the import side, it holds 10.80% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8308 and GST compliance.

What products are classified under HSN 8308

It includes Clasps & Buckles

Can reverse charge ever apply to transactions involving Clasps & Buckles?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Clasps & Buckles are forward charge. Check the current notifications for any special cases before deciding.

Any special steps when selling Clasps & Buckles through an e‑commerce platform?

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.

If I repair and return Clasps & Buckles, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Is the composition scheme suitable if I mainly trade Clasps & Buckles?

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.

Do spares or accessories of Clasps & Buckles 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.

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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