9023 HSN Code: Demonstration Instruments

HSN Sub Chapter 9023 represents Demonstration Instruments under GST classification. This code helps businesses identify Demonstration Instruments correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9023, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Demonstration Instruments.

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New GST Rate for HSN Code 9023

GST Rate for Demonstration Instruments under HSN Code 9023. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

90

HSN Code

9023

HSN Description

Instruments, apparatus and models, designed for demonstrational purposes (for example, in education or exhibitions), unsuitable for other uses

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 9023

Following tariff HSN codes fall under Demonstration Instruments.

Tariff HSN

90230010

Description

Instruments, apparatus and models, designed for demonstrational purposes (for example, in education or exhibitions), unsuitable for other uses : Teaching aids

Tariff HSN

90230090

Description

Instruments, apparatus and models, designed for demonstrational purposes (for example, in education or exhibitions), unsuitable for other uses : Other

India’s Trade Performance — HSN Sub-Chapter 9023 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

₹471 Cr

+65.07% vs FY 2023-24

0.0127% of India’s total exports

India’s Imports

FY 2024-25

₹565 Cr

−1.26% vs FY 2023-24

0.0093% of India’s total imports

Trade Balance

FY 2024-25

−₹93 Cr

Trade Deficit

Surplus rank #713 of 1233 subchapters

% of Chapter 90

FY 2024-25

1.05%

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

Import side: 0.48% of Chapter 90’s imports

Rank Within Chapter 90

FY 2024-25

#15 of 32

Position by export value among subchapters in Chapter 90

Import-side rank: #22 of 32

At a glance

7.75%

Export CAGR

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

#544

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+65.07%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.05%

Contribution to Ch. 90

Share of Chapter 90 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 9023

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 #530

Balance

−100.33

Exports

301.20 ₹ Cr

0.0131% share

— YoY

1.32% of Ch. 90

Imports

401.53 ₹ Cr

0.0112% share

— YoY

0.60% of Ch. 90

FY 2019-20 Exp. Rank #528

Balance

−86.69

Exports

299.08 ₹ Cr

0.0135% share

−0.70% YoY

1.25% of Ch. 90

Imports

385.77 ₹ Cr

0.0115% share

−3.93% YoY

0.59% of Ch. 90

FY 2020-21 Exp. Rank #573

Balance

−9.10

Exports

233.60 ₹ Cr

0.0109% share

−21.89% YoY

0.96% of Ch. 90

Imports

242.70 ₹ Cr

0.0083% share

−37.09% YoY

0.38% of Ch. 90

FY 2021-22 Exp. Rank #601

Balance

−125.41

Exports

279.72 ₹ Cr

0.0089% share

+19.74% YoY

0.94% of Ch. 90

Imports

405.13 ₹ Cr

0.0089% share

+66.93% YoY

0.48% of Ch. 90

FY 2022-23 Exp. Rank #603

Balance

−220.52

Exports

326.95 ₹ Cr

0.0090% share

+16.88% YoY

0.85% of Ch. 90

Imports

547.47 ₹ Cr

0.0095% share

+35.13% YoY

0.58% of Ch. 90

FY 2023-24 Exp. Rank #627

Balance

−286.13

Exports

285.62 ₹ Cr

0.0079% share

−12.64% YoY

0.69% of Ch. 90

Imports

571.75 ₹ Cr

0.0102% share

+4.43% YoY

0.53% of Ch. 90

FY 2024-25 Exp. Rank #544

Balance

−93.07

Exports

471.47 ₹ Cr

0.0127% share

+65.07% YoY

1.05% of Ch. 90

Imports

564.54 ₹ Cr

0.0093% share

−1.26% YoY

0.48% of Ch. 90

CAGR · 7-Year

Exports

7.75% /yr

Imports

5.84% /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 9023 Export-Import Analysis

Consistent Export Growth: 7.75% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 9023 have grown at a compound annual rate of 7.75% over 7 fiscal years, rising from ₹301.20 Crore in FY 2018-19 to ₹471.47 Crore in FY 2024-25.

HSN Sub-Chapter 9023 Ranked #544 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 9023 ranks #544 out of 1233 subchapters by total export value. Within Chapter 90, it ranks #15 of 32. By trade surplus, it ranks #713 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 9023 Exports

The strongest single-year export movement for HSN Sub-Chapter 9023 was recorded in FY 2024-25, when exports surged by 65.07% over the prior year.

India Records a Trade Deficit of ₹93.07 Crore in HSN Sub-Chapter 9023 Goods

In FY 2024-25, India's imports of ₹564.54 Cr exceeded exports of ₹471.47 Cr, resulting in a trade deficit of ₹93.07 Crore — ranking #713 of 1233 by surplus magnitude.

Import Growth of 5.84% CAGR Signals Stable Import Dependency for Demonstration Instruments

India's imports under HSN Sub-Chapter 9023 have grown at 5.84% CAGR, reaching ₹564.54 Crore in FY 2024-25.

HSN Sub-Chapter 9023 Contributes 1.05% of Chapter 90 Exports — Ranked #15

Among the 32 subchapters under Chapter 90, HSN Sub-Chapter 9023 ranks #15 by export value — accounting for 1.05% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.48% share (rank #22).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 9023 and GST compliance.

What products are classified under HSN 9023

It includes Demonstration Instruments

If I repair and return Demonstration Instruments, 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.

What misclassification mistakes happen with Demonstration Instruments?

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.

Can reverse charge ever apply to transactions involving Demonstration Instruments?

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

What are the e‑way bill and e‑invoice points while moving Demonstration Instruments?

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.

Is the composition scheme suitable if I mainly trade Demonstration Instruments?

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.

What should my invoice and records include for Demonstration Instruments?

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.

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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