9103 HSN Code: Clocks excluding heading 9104

HSN Sub Chapter 9103 represents Clocks excluding heading 9104 under GST classification. This code helps businesses identify Clocks excluding heading 9104 correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9103, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Clocks excluding heading 9104.

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New GST Rate for HSN Code 9103

GST Rate for Clocks excluding heading 9104 under HSN Code 9103. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

91

HSN Code

9103

HSN Description

Clocks with watch movements, excluding clocks of heading 9104

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 9103

Following tariff HSN codes fall under Clocks excluding heading 9104.

Tariff HSN

91031000

Description

Electrically operated

Tariff HSN

91039000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 9103 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

₹3 Cr

+26.84% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

−16.24% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #509 of 1233 subchapters

% of Chapter 91

FY 2024-25

0.56%

Share of Chapter 91’s total exports in FY 2024-25

Import side: 0.04% of Chapter 91’s imports

Rank Within Chapter 91

FY 2024-25

#12 of 14

Position by export value among subchapters in Chapter 91

Import-side rank: #13 of 14

At a glance

6.38%

Export CAGR

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

#1104

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+63.62%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.56%

Contribution to Ch. 91

Share of Chapter 91 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 9103

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 #1098

Balance

−0.05

Exports

2.38 ₹ Cr

0.0001% share

— YoY

0.34% of Ch. 91

Imports

2.43 ₹ Cr

0.0001% share

— YoY

0.09% of Ch. 91

FY 2019-20 Exp. Rank #1060

Balance

−2.24

Exports

3.88 ₹ Cr

0.0002% share

+63.03% YoY

0.61% of Ch. 91

Imports

6.12 ₹ Cr

0.0002% share

+151.85% YoY

0.25% of Ch. 91

FY 2020-21 Exp. Rank #1032

Balance

+4.93

Exports

5.80 ₹ Cr

0.0003% share

+49.48% YoY

1.05% of Ch. 91

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−85.78% YoY

0.05% of Ch. 91

FY 2021-22 Exp. Rank #1026

Balance

+7.92

Exports

9.49 ₹ Cr

0.0003% share

+63.62% YoY

1.46% of Ch. 91

Imports

1.57 ₹ Cr

0.0000% share

+80.46% YoY

0.05% of Ch. 91

FY 2022-23 Exp. Rank #1070

Balance

+3.63

Exports

5.84 ₹ Cr

0.0002% share

−38.46% YoY

0.93% of Ch. 91

Imports

2.21 ₹ Cr

0.0000% share

+40.76% YoY

0.06% of Ch. 91

FY 2023-24 Exp. Rank #1108

Balance

+0.01

Exports

2.72 ₹ Cr

0.0001% share

−53.42% YoY

0.36% of Ch. 91

Imports

2.71 ₹ Cr

0.0000% share

+22.62% YoY

0.06% of Ch. 91

FY 2024-25 Exp. Rank #1104

Balance

+1.18

Exports

3.45 ₹ Cr

0.0001% share

+26.84% YoY

0.56% of Ch. 91

Imports

2.27 ₹ Cr

0.0000% share

−16.24% YoY

0.04% of Ch. 91

CAGR · 7-Year

Exports

6.38% /yr

Imports

−1.13% /yr

Consistently Surplus
Chapter 91 total

reference, FY 2024-25

Export

₹612.57 Cr

Import

₹5,531.03 Cr

Trade Balance

−4,918.46

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

Key Trade Insights: HSN Sub-Chapter 9103 Export-Import Analysis

Consistent Export Growth: 6.38% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 9103 have grown at a compound annual rate of 6.38% over 7 fiscal years, rising from ₹2.38 Crore in FY 2018-19 to ₹3.45 Crore in FY 2024-25.

HSN Sub-Chapter 9103 Ranked #1104 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 9103 ranks #1104 out of 1233 subchapters by total export value. Within Chapter 91, it ranks #12 of 14. By trade surplus, it ranks #509 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 9103 Exports

The strongest single-year export movement for HSN Sub-Chapter 9103 was recorded in FY 2021-22, when exports surged by 63.62% over the prior year.

India Maintains a Trade Surplus of ₹1.18 Crore in HSN Sub-Chapter 9103 Goods

In FY 2024-25, India's exports of ₹3.45 Cr exceeded imports of ₹2.27 Cr, resulting in a trade surplus of ₹1.18 Crore — ranking #509 of 1233 by surplus magnitude.

Import Growth of −1.13% CAGR Signals Stable Import Dependency for Clocks excluding heading 9104

India's imports under HSN Sub-Chapter 9103 have grown at −1.13% CAGR, reaching ₹2.27 Crore in FY 2024-25.

HSN Sub-Chapter 9103 Contributes 0.56% of Chapter 91 Exports — Ranked #12

Among the 14 subchapters under Chapter 91, HSN Sub-Chapter 9103 ranks #12 by export value — accounting for 0.56% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 9103 and GST compliance.

What products are classified under HSN 9103

It includes Clocks excluding heading 9104

How should I document Clocks excluding heading 9104 sent for job work?

Use a delivery challan for sending Clocks excluding heading 9104 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.

What should my invoice and records include for Clocks excluding heading 9104?

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 I repair and return Clocks excluding heading 9104, 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.

Any special steps when selling Clocks excluding heading 9104 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.

What misclassification mistakes happen with Clocks excluding heading 9104?

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.

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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