9016 HSN Code: Sensitive balances

HSN Sub Chapter 9016 represents Sensitive balances under GST classification. This code helps businesses identify Sensitive balances correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9016, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sensitive balances.

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New GST Rate for HSN Code 9016

GST Rate for Sensitive balances under HSN Code 9016. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

90

HSN Code

9016

HSN Description

Balances of a sensitivity of 5 cg or better, with or without weights

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 9016

Following tariff HSN codes fall under Sensitive balances.

Tariff HSN

90160010

Description

Balances of a sensitivity of 5cg or better, with or without weights : Electric balances

Tariff HSN

90160020

Description

Balances of a sensitivity of 5cg or better, with or without weights : Other balances

Tariff HSN

90160090

Description

Balances of a sensitivity of 5cg or better, with or without weights : Parts

India’s Trade Performance — HSN Sub-Chapter 9016 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

₹20 Cr

+3.95% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹303 Cr

+20.21% vs FY 2023-24

0.0050% of India’s total imports

Trade Balance

FY 2024-25

−₹283 Cr

Trade Deficit

Surplus rank #817 of 1233 subchapters

% of Chapter 90

FY 2024-25

0.05%

Share of Chapter 90’s total exports in FY 2024-25

Import side: 0.26% of Chapter 90’s imports

Rank Within Chapter 90

FY 2024-25

#30 of 32

Position by export value among subchapters in Chapter 90

Import-side rank: #27 of 32

At a glance

9.78%

Export CAGR

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

#1002

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+62.50%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.05%

Contribution to Ch. 90

Share of Chapter 90 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 9016

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 #998

Balance

−147.17

Exports

11.58 ₹ Cr

0.0005% share

— YoY

0.05% of Ch. 90

Imports

158.75 ₹ Cr

0.0044% share

— YoY

0.24% of Ch. 90

FY 2019-20 Exp. Rank #996

Balance

−134.82

Exports

11.09 ₹ Cr

0.0005% share

−4.23% YoY

0.05% of Ch. 90

Imports

145.91 ₹ Cr

0.0043% share

−8.09% YoY

0.22% of Ch. 90

FY 2020-21 Exp. Rank #1031

Balance

−151.65

Exports

5.92 ₹ Cr

0.0003% share

−46.62% YoY

0.02% of Ch. 90

Imports

157.57 ₹ Cr

0.0054% share

+7.99% YoY

0.25% of Ch. 90

FY 2021-22 Exp. Rank #1030

Balance

−203.03

Exports

8.72 ₹ Cr

0.0003% share

+47.30% YoY

0.03% of Ch. 90

Imports

211.75 ₹ Cr

0.0046% share

+34.38% YoY

0.25% of Ch. 90

FY 2022-23 Exp. Rank #1012

Balance

−240.91

Exports

14.17 ₹ Cr

0.0004% share

+62.50% YoY

0.04% of Ch. 90

Imports

255.08 ₹ Cr

0.0044% share

+20.46% YoY

0.27% of Ch. 90

FY 2023-24 Exp. Rank #999

Balance

−232.40

Exports

19.50 ₹ Cr

0.0005% share

+37.61% YoY

0.05% of Ch. 90

Imports

251.90 ₹ Cr

0.0045% share

−1.25% YoY

0.24% of Ch. 90

FY 2024-25 Exp. Rank #1002

Balance

−282.53

Exports

20.27 ₹ Cr

0.0005% share

+3.95% YoY

0.05% of Ch. 90

Imports

302.80 ₹ Cr

0.0050% share

+20.21% YoY

0.26% of Ch. 90

CAGR · 7-Year

Exports

9.78% /yr

Imports

11.36% /yr

Consistently Deficit
Chapter 90 total

reference, FY 2024-25

Export

₹44,741.39 Cr

Import

₹1,17,087.09 Cr

Trade Balance

−72,345.70

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

Key Trade Insights: HSN Sub-Chapter 9016 Export-Import Analysis

Consistent Export Growth: 9.78% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 9016 have grown at a compound annual rate of 9.78% over 7 fiscal years, rising from ₹11.58 Crore in FY 2018-19 to ₹20.27 Crore in FY 2024-25.

HSN Sub-Chapter 9016 Ranked #1002 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 9016 ranks #1002 out of 1233 subchapters by total export value. Within Chapter 90, it ranks #30 of 32. By trade surplus, it ranks #817 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 9016 Exports

The strongest single-year export movement for HSN Sub-Chapter 9016 was recorded in FY 2022-23, when exports surged by 62.50% over the prior year.

India Records a Trade Deficit of ₹282.53 Crore in HSN Sub-Chapter 9016 Goods

In FY 2024-25, India's imports of ₹302.80 Cr exceeded exports of ₹20.27 Cr, resulting in a trade deficit of ₹282.53 Crore — ranking #817 of 1233 by surplus magnitude.

Import Growth of 11.36% CAGR Signals Rising Demand for Sensitive balances

India's imports under HSN Sub-Chapter 9016 have grown at 11.36% CAGR, reaching ₹302.80 Crore in FY 2024-25.

HSN Sub-Chapter 9016 Contributes 0.05% of Chapter 90 Exports — Ranked #30

Among the 32 subchapters under Chapter 90, HSN Sub-Chapter 9016 ranks #30 by export value — accounting for 0.05% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.26% share (rank #27).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 9016 and GST compliance.

What products are classified under HSN 9016

It includes Sensitive balances

What are the e‑way bill and e‑invoice points while moving Sensitive balances?

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.

Can reverse charge ever apply to transactions involving Sensitive balances?

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

How should I document Sensitive balances sent for job work?

Use a delivery challan for sending Sensitive balances to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

If I repair and return Sensitive balances, 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.

How do I bill a kit or combo that includes Sensitive balances?

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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