Consistent Export Growth: 5.18% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9001 have grown at a compound annual rate of 5.18% over 7 fiscal years, rising from ₹3,019.69 Crore in FY 2018-19 to ₹4,087.83 Crore in FY 2024-25.
HSN Sub Chapter 9001 represents Optical components under GST classification. This code helps businesses identify Optical components correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9001, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Optical components.
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GST Rate for Optical components under HSN Code 9001. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
90HSN Code
HSN Description
Optical fibres and optical fibre bundles; optical fibre cables other than those of heading 8544; sheets and plates of polarising material; lenses (including contact lenses), prisms, mirrors and other optical elements, of any material, unmounted, other than such elements of glass not optically worked
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Optical components.
Tariff HSN
Description
Optical fibres, optical fibres bundles and cables
Tariff HSN
Description
Sheets and plates of polarising material
Tariff HSN
Description
Contact lenses
Tariff HSN
Description
Spectacle lenses of glass : Polarised glass
Tariff HSN
Description
Spectacle lenses of glass : Other
Tariff HSN
Description
Spectacle lenses of other materials
Tariff HSN
Description
Other : Optical calcite crystal
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹4,088 Cr
0.1104% of India’s total exports
India’s Imports
FY 2024-25₹2,806 Cr
0.0460% of India’s total imports
Trade Balance
FY 2024-25₹1,281 Cr
Surplus rank #166 of 1233 subchapters
% of Chapter 90
FY 2024-259.14%
Share of Chapter 90’s total exports in FY 2024-25
Import side: 2.40% of Chapter 90’s imports
Rank Within Chapter 90
FY 2024-25#2 of 32
Position by export value among subchapters in Chapter 90
Import-side rank: #9 of 32
At a glance
5.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#153
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+67.92%
Peak Growth Year
FY 2021-22 · strongest single-year move
9.14%
Contribution to Ch. 90
Share of Chapter 90 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
+561.73
Exports
3,019.69 ₹ Cr
0.1316% share
— YoY
13.26% of Ch. 90
Imports
2,457.96 ₹ Cr
0.0684% share
— YoY
3.65% of Ch. 90
Balance
+1,137.76
Exports
2,729.01 ₹ Cr
0.1236% share
−9.63% YoY
11.43% of Ch. 90
Imports
1,591.25 ₹ Cr
0.0474% share
−35.26% YoY
2.43% of Ch. 90
Balance
+1,357.42
Exports
2,774.33 ₹ Cr
0.1290% share
+1.66% YoY
11.45% of Ch. 90
Imports
1,416.91 ₹ Cr
0.0486% share
−10.96% YoY
2.23% of Ch. 90
Balance
+2,675.43
Exports
4,658.72 ₹ Cr
0.1484% share
+67.92% YoY
15.70% of Ch. 90
Imports
1,983.29 ₹ Cr
0.0434% share
+39.97% YoY
2.35% of Ch. 90
Balance
+3,904.83
Exports
7,086.38 ₹ Cr
0.1957% share
+52.11% YoY
18.38% of Ch. 90
Imports
3,181.55 ₹ Cr
0.0553% share
+60.42% YoY
3.39% of Ch. 90
Balance
+1,793.72
Exports
4,704.96 ₹ Cr
0.1300% share
−33.61% YoY
11.39% of Ch. 90
Imports
2,911.24 ₹ Cr
0.0518% share
−8.50% YoY
2.72% of Ch. 90
Balance
+1,281.44
Exports
4,087.83 ₹ Cr
0.1104% share
−13.12% YoY
9.14% of Ch. 90
Imports
2,806.39 ₹ Cr
0.0460% share
−3.60% YoY
2.40% of Ch. 90
CAGR · 7-Year
Exports
5.18% /yr
Imports
2.23% /yr
reference, FY 2024-25
Export
₹44,741.39 Cr
Import
₹1,17,087.09 Cr
Trade Balance
−72,345.70
India's exports under HSN Sub-Chapter 9001 have grown at a compound annual rate of 5.18% over 7 fiscal years, rising from ₹3,019.69 Crore in FY 2018-19 to ₹4,087.83 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9001 ranks #153 out of 1233 subchapters by total export value. Within Chapter 90, it ranks #2 of 32. By trade surplus, it ranks #166 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9001 was recorded in FY 2021-22, when exports surged by 67.92% over the prior year.
In FY 2024-25, India's exports of ₹4,087.83 Cr exceeded imports of ₹2,806.39 Cr, resulting in a trade surplus of ₹1,281.44 Crore — ranking #166 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9001 have grown at 2.23% CAGR, reaching ₹2,806.39 Crore in FY 2024-25.
Among the 32 subchapters under Chapter 90, HSN Sub-Chapter 9001 ranks #2 by export value — accounting for 9.14% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.40% share (rank #9).
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 9001 and GST compliance.
It includes Optical components
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.
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
If your outward supply of Optical components 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.
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.