Export Decline: −4.06% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9206 have declined at a compound annual rate of −4.06% over 7 fiscal years, falling from ₹24.72 Crore in FY 2018-19 to ₹19.28 Crore in FY 2024-25.
HSN Sub Chapter 9206 represents Percussion musical instruments under GST classification. This code helps businesses identify Percussion musical instruments correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9206, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Percussion musical instruments.
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GST Rate for Percussion musical instruments under HSN Code 9206. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Percussion musical instruments.
Tariff HSN
Description
Percussion musical instruments (for example, drums, xylophones, cymbols, castanets, maracas)
India’s Exports
FY 2024-25₹19 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹38 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #619 of 1233 subchapters
% of Chapter 92
FY 2024-254.93%
Share of Chapter 92’s total exports in FY 2024-25
Import side: 5.91% of Chapter 92’s imports
Rank Within Chapter 92
FY 2024-25#5 of 7
Position by export value among subchapters in Chapter 92
Import-side rank: #4 of 7
At a glance
−4.06%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1005
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+72.36%
Peak Growth Year
FY 2023-24 · strongest single-year move
4.93%
Contribution to Ch. 92
Share of Chapter 92 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
−4.94
Exports
24.72 ₹ Cr
0.0011% share
— YoY
17.63% of Ch. 92
Imports
29.66 ₹ Cr
0.0008% share
— YoY
7.28% of Ch. 92
Balance
−3.33
Exports
16.77 ₹ Cr
0.0008% share
−32.16% YoY
8.58% of Ch. 92
Imports
20.10 ₹ Cr
0.0006% share
−32.23% YoY
5.59% of Ch. 92
Balance
+9.71
Exports
21.75 ₹ Cr
0.0010% share
+29.70% YoY
11.62% of Ch. 92
Imports
12.04 ₹ Cr
0.0004% share
−40.10% YoY
3.44% of Ch. 92
Balance
+7.59
Exports
21.52 ₹ Cr
0.0007% share
−1.06% YoY
7.49% of Ch. 92
Imports
13.93 ₹ Cr
0.0003% share
+15.70% YoY
3.16% of Ch. 92
Balance
−7.35
Exports
18.02 ₹ Cr
0.0005% share
−16.26% YoY
4.87% of Ch. 92
Imports
25.37 ₹ Cr
0.0004% share
+82.12% YoY
4.59% of Ch. 92
Balance
−5.47
Exports
31.06 ₹ Cr
0.0009% share
+72.36% YoY
8.27% of Ch. 92
Imports
36.53 ₹ Cr
0.0007% share
+43.99% YoY
6.49% of Ch. 92
Balance
−18.71
Exports
19.28 ₹ Cr
0.0005% share
−37.93% YoY
4.93% of Ch. 92
Imports
37.99 ₹ Cr
0.0006% share
+4.00% YoY
5.91% of Ch. 92
CAGR · 7-Year
Exports
−4.06% /yr
Imports
4.21% /yr
India's exports under HSN Sub-Chapter 9206 have declined at a compound annual rate of −4.06% over 7 fiscal years, falling from ₹24.72 Crore in FY 2018-19 to ₹19.28 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9206 ranks #1005 out of 1233 subchapters by total export value. Within Chapter 92, it ranks #5 of 7. By trade surplus, it ranks #619 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9206 was recorded in FY 2023-24, when exports surged by 72.36% over the prior year.
In FY 2024-25, India's imports of ₹37.99 Cr exceeded exports of ₹19.28 Cr, resulting in a trade deficit of ₹18.71 Crore — ranking #619 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9206 have grown at 4.21% CAGR, reaching ₹37.99 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 92, HSN Sub-Chapter 9206 ranks #5 by export value — accounting for 4.93% of the chapter's total exports in FY 2024-25. On the import side, it holds 5.91% share (rank #4).
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 9206 and GST compliance.
It includes Percussion musical 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.
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.
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.
Use a delivery challan for sending Percussion musical instruments 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Percussion musical instruments are forward charge. Check the current notifications for any special cases before deciding.