Consistent Export Growth: 16.17% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9005 have grown at a compound annual rate of 16.17% over 7 fiscal years, rising from ₹49.64 Crore in FY 2018-19 to ₹122.04 Crore in FY 2024-25.
HSN Sub Chapter 9005 represents Binoculars & optical telescopes under GST classification. This code helps businesses identify Binoculars & optical telescopes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9005, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Binoculars & optical telescopes.
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GST Rate for Binoculars & optical telescopes under HSN Code 9005. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Binoculars & optical telescopes.
Tariff HSN
Description
Binoculars
Tariff HSN
Description
Other instruments : Monocular and refracting telescopes
Tariff HSN
Description
Other instruments : Astronomical instruments
Tariff HSN
Description
Other instruments : Other
Tariff HSN
Description
Parts and accessories (including mountings) : Of binocular or telescopes of heading 9005, other than mountings
Tariff HSN
Description
Parts and accessories (including mountings) : Mountings for astronomical instruments
Tariff HSN
Description
Parts and accessories (including mountings) : Other
India’s Exports
FY 2024-25₹122 Cr
0.0033% of India’s total exports
India’s Imports
FY 2024-25₹182 Cr
0.0030% of India’s total imports
Trade Balance
FY 2024-25−₹60 Cr
Surplus rank #688 of 1233 subchapters
% of Chapter 90
FY 2024-250.27%
Share of Chapter 90’s total exports in FY 2024-25
Import side: 0.16% of Chapter 90’s imports
Rank Within Chapter 90
FY 2024-25#25 of 32
Position by export value among subchapters in Chapter 90
Import-side rank: #29 of 32
At a glance
16.17%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#799
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+167.93%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.27%
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
+8.96
Exports
49.64 ₹ Cr
0.0022% share
— YoY
0.22% of Ch. 90
Imports
40.68 ₹ Cr
0.0011% share
— YoY
0.06% of Ch. 90
Balance
−64.99
Exports
21.05 ₹ Cr
0.0010% share
−57.59% YoY
0.09% of Ch. 90
Imports
86.04 ₹ Cr
0.0026% share
+111.50% YoY
0.13% of Ch. 90
Balance
−109.96
Exports
48.37 ₹ Cr
0.0022% share
+129.79% YoY
0.20% of Ch. 90
Imports
158.33 ₹ Cr
0.0054% share
+84.02% YoY
0.25% of Ch. 90
Balance
+16.21
Exports
67.36 ₹ Cr
0.0021% share
+39.26% YoY
0.23% of Ch. 90
Imports
51.15 ₹ Cr
0.0011% share
−67.69% YoY
0.06% of Ch. 90
Balance
−23.78
Exports
32.05 ₹ Cr
0.0009% share
−52.42% YoY
0.08% of Ch. 90
Imports
55.83 ₹ Cr
0.0010% share
+9.15% YoY
0.06% of Ch. 90
Balance
+18.27
Exports
85.87 ₹ Cr
0.0024% share
+167.93% YoY
0.21% of Ch. 90
Imports
67.60 ₹ Cr
0.0012% share
+21.08% YoY
0.06% of Ch. 90
Balance
−60.43
Exports
122.04 ₹ Cr
0.0033% share
+42.12% YoY
0.27% of Ch. 90
Imports
182.47 ₹ Cr
0.0030% share
+169.93% YoY
0.16% of Ch. 90
CAGR · 7-Year
Exports
16.17% /yr
Imports
28.42% /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 9005 have grown at a compound annual rate of 16.17% over 7 fiscal years, rising from ₹49.64 Crore in FY 2018-19 to ₹122.04 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9005 ranks #799 out of 1233 subchapters by total export value. Within Chapter 90, it ranks #25 of 32. By trade surplus, it ranks #688 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9005 was recorded in FY 2023-24, when exports surged by 167.93% over the prior year.
In FY 2024-25, India's imports of ₹182.47 Cr exceeded exports of ₹122.04 Cr, resulting in a trade deficit of ₹60.43 Crore — ranking #688 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9005 have grown at 28.42% CAGR, reaching ₹182.47 Crore in FY 2024-25.
Among the 32 subchapters under Chapter 90, HSN Sub-Chapter 9005 ranks #25 by export value — accounting for 0.27% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.16% share (rank #29).
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 9005 and GST compliance.
It includes Binoculars & optical telescopes
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.
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Binoculars & optical telescopes 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.