Consistent Export Growth: 23.10% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9303 have grown at a compound annual rate of 23.10% over 7 fiscal years, rising from ₹0.48 Crore in FY 2018-19 to ₹1.67 Crore in FY 2024-25.
HSN Sub Chapter 9303 represents Firearms & explosive charge devices under GST classification. This code helps businesses identify Firearms & explosive charge devices correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9303, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Firearms & explosive charge devices.
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GST Rate for Firearms & explosive charge devices under HSN Code 9303. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
93HSN Code
HSN Description
Other firearms and similar devices which operate by the firing of an explosive charge (for example, sporting shotguns and rifles, muzzle-loading firearms, very pistols and other devices designed to project only signal flares, pistols and revolvers for firing blank ammunition, captive-bolt humane killers, linethrowing guns)
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Firearms & explosive charge devices.
India’s Exports
FY 2024-25₹2 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹5 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹3 Cr
Surplus rank #554 of 1233 subchapters
% of Chapter 93
FY 2024-250.03%
Share of Chapter 93’s total exports in FY 2024-25
Import side: 0.50% of Chapter 93’s imports
Rank Within Chapter 93
FY 2024-25#5 of 7
Position by export value among subchapters in Chapter 93
Import-side rank: #4 of 7
At a glance
23.10%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1123
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+8,250.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.03%
Contribution to Ch. 93
Share of Chapter 93 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
−24.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Ch. 93
Imports
24.50 ₹ Cr
0.0007% share
— YoY
5.36% of Ch. 93
Balance
−46.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+81.25% YoY
0.09% of Ch. 93
Imports
47.42 ₹ Cr
0.0014% share
+93.55% YoY
10.89% of Ch. 93
Balance
−14.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−74.71% YoY
0.01% of Ch. 93
Imports
14.49 ₹ Cr
0.0005% share
−69.44% YoY
2.85% of Ch. 93
Balance
−17.28
Exports
2.34 ₹ Cr
0.0001% share
+963.64% YoY
0.12% of Ch. 93
Imports
19.62 ₹ Cr
0.0004% share
+35.40% YoY
2.02% of Ch. 93
Balance
−12.90
Exports
1.56 ₹ Cr
0.0000% share
−33.33% YoY
0.06% of Ch. 93
Imports
14.46 ₹ Cr
0.0003% share
−26.30% YoY
1.58% of Ch. 93
Balance
−15.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−98.72% YoY
0.00% of Ch. 93
Imports
15.06 ₹ Cr
0.0003% share
+4.15% YoY
1.26% of Ch. 93
Balance
−3.28
Exports
1.67 ₹ Cr
0.0000% share
+8,250.00% YoY
0.03% of Ch. 93
Imports
4.95 ₹ Cr
0.0001% share
−67.13% YoY
0.50% of Ch. 93
CAGR · 7-Year
Exports
23.10% /yr
Imports
−23.40% /yr
reference, FY 2024-25
Export
₹4,804.34 Cr
Import
₹998.35 Cr
Trade Balance
+3,805.99
India's exports under HSN Sub-Chapter 9303 have grown at a compound annual rate of 23.10% over 7 fiscal years, rising from ₹0.48 Crore in FY 2018-19 to ₹1.67 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9303 ranks #1123 out of 1233 subchapters by total export value. Within Chapter 93, it ranks #5 of 7. By trade surplus, it ranks #554 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9303 was recorded in FY 2024-25, when exports surged by 8,250.00% over the prior year.
In FY 2024-25, India's imports of ₹4.95 Cr exceeded exports of ₹1.67 Cr, resulting in a trade deficit of ₹3.28 Crore — ranking #554 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9303 have grown at −23.40% CAGR, reaching ₹4.95 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 93, HSN Sub-Chapter 9303 ranks #5 by export value — accounting for 0.03% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.50% 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 9303 and GST compliance.
It includes Firearms & explosive charge devices
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.
If your outward supply of Firearms & explosive charge devices is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Use a delivery challan for sending Firearms & explosive charge devices 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.
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.
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.