Export Decline: −47.91% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9110 have declined at a compound annual rate of −47.91% over 7 fiscal years, falling from ₹12.52 Crore in FY 2018-19 to ₹0.25 Crore in FY 2024-25.
HSN Sub Chapter 9110 represents Clock & Watch Movements under GST classification. This code helps businesses identify Clock & Watch Movements correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Clock & Watch Movements.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Clock & Watch Movements under HSN Code 9110. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Clock & Watch Movements.
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹58 Cr
0.0010% of India’s total imports
Trade Balance
FY 2024-25−₹58 Cr
Surplus rank #686 of 1233 subchapters
% of Chapter 91
FY 2024-250.04%
Share of Chapter 91’s total exports in FY 2024-25
Import side: 1.05% of Chapter 91’s imports
Rank Within Chapter 91
FY 2024-25#14 of 14
Position by export value among subchapters in Chapter 91
Import-side rank: #10 of 14
At a glance
−47.91%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1167
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+355.56%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.04%
Contribution to Ch. 91
Share of Chapter 91 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
−32.92
Exports
12.52 ₹ Cr
0.0005% share
— YoY
1.78% of Ch. 91
Imports
45.44 ₹ Cr
0.0013% share
— YoY
1.71% of Ch. 91
Balance
−48.65
Exports
1.99 ₹ Cr
0.0001% share
−84.11% YoY
0.31% of Ch. 91
Imports
50.64 ₹ Cr
0.0015% share
+11.44% YoY
2.04% of Ch. 91
Balance
−26.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−95.48% YoY
0.02% of Ch. 91
Imports
26.20 ₹ Cr
0.0009% share
−48.26% YoY
1.51% of Ch. 91
Balance
−52.70
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+355.56% YoY
0.06% of Ch. 91
Imports
53.11 ₹ Cr
0.0012% share
+102.71% YoY
1.82% of Ch. 91
Balance
−61.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−7.32% YoY
0.06% of Ch. 91
Imports
61.40 ₹ Cr
0.0011% share
+15.61% YoY
1.63% of Ch. 91
Balance
−39.95
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−42.11% YoY
0.03% of Ch. 91
Imports
40.17 ₹ Cr
0.0007% share
−34.58% YoY
0.84% of Ch. 91
Balance
−57.86
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+13.64% YoY
0.04% of Ch. 91
Imports
58.11 ₹ Cr
0.0010% share
+44.66% YoY
1.05% of Ch. 91
CAGR · 7-Year
Exports
−47.91% /yr
Imports
4.18% /yr
reference, FY 2024-25
Export
₹612.57 Cr
Import
₹5,531.03 Cr
Trade Balance
−4,918.46
India's exports under HSN Sub-Chapter 9110 have declined at a compound annual rate of −47.91% over 7 fiscal years, falling from ₹12.52 Crore in FY 2018-19 to ₹0.25 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9110 ranks #1167 out of 1233 subchapters by total export value. Within Chapter 91, it ranks #14 of 14. By trade surplus, it ranks #686 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9110 was recorded in FY 2021-22, when exports surged by 355.56% over the prior year.
In FY 2024-25, India's imports of ₹58.11 Cr exceeded exports of ₹0.25 Cr, resulting in a trade deficit of ₹57.86 Crore — ranking #686 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9110 have grown at 4.18% CAGR, reaching ₹58.11 Crore in FY 2024-25.
Among the 14 subchapters under Chapter 91, HSN Sub-Chapter 9110 ranks #14 by export value — accounting for 0.04% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.05% share (rank #10).
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 9110 and GST compliance.
It includes Clock & Watch Movements
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Clock & Watch Movements 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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Clock & Watch Movements are forward charge. Check the current notifications for any special cases before deciding.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
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.