Consistent Export Growth: 32.00% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9304 have grown at a compound annual rate of 32.00% over 7 fiscal years, rising from ₹2.28 Crore in FY 2018-19 to ₹12.06 Crore in FY 2024-25.
HSN Sub Chapter 9304 represents Spring & air guns under GST classification. This code helps businesses identify Spring & air guns correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9304, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Spring & air guns.
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GST Rate for Spring & air guns under HSN Code 9304. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Spring & air guns.
Tariff HSN
Description
OTHER ARMS (FOR EXAMPLE, SPRING, AIR OR GAS GUNS AND PISTOLS, TRUNCHEONS), EXCLUDING THOSE OF HEADING 9307
India’s Exports
FY 2024-25₹12 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹73 Cr
0.0012% of India’s total imports
Trade Balance
FY 2024-25−₹61 Cr
Surplus rank #689 of 1233 subchapters
% of Chapter 93
FY 2024-250.25%
Share of Chapter 93’s total exports in FY 2024-25
Import side: 7.29% of Chapter 93’s imports
Rank Within Chapter 93
FY 2024-25#4 of 7
Position by export value among subchapters in Chapter 93
Import-side rank: #3 of 7
At a glance
32.00%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1038
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+380.61%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.25%
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
−49.19
Exports
2.28 ₹ Cr
0.0001% share
— YoY
0.29% of Ch. 93
Imports
51.47 ₹ Cr
0.0014% share
— YoY
11.26% of Ch. 93
Balance
−56.38
Exports
3.25 ₹ Cr
0.0001% share
+42.54% YoY
0.35% of Ch. 93
Imports
59.63 ₹ Cr
0.0018% share
+15.85% YoY
13.69% of Ch. 93
Balance
−31.62
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−84.00% YoY
0.03% of Ch. 93
Imports
32.14 ₹ Cr
0.0011% share
−46.10% YoY
6.31% of Ch. 93
Balance
−41.66
Exports
1.65 ₹ Cr
0.0001% share
+217.31% YoY
0.09% of Ch. 93
Imports
43.31 ₹ Cr
0.0009% share
+34.75% YoY
4.46% of Ch. 93
Balance
−43.34
Exports
7.93 ₹ Cr
0.0002% share
+380.61% YoY
0.31% of Ch. 93
Imports
51.27 ₹ Cr
0.0009% share
+18.38% YoY
5.59% of Ch. 93
Balance
−69.78
Exports
2.98 ₹ Cr
0.0001% share
−62.42% YoY
0.11% of Ch. 93
Imports
72.76 ₹ Cr
0.0013% share
+41.92% YoY
6.08% of Ch. 93
Balance
−60.69
Exports
12.06 ₹ Cr
0.0003% share
+304.70% YoY
0.25% of Ch. 93
Imports
72.75 ₹ Cr
0.0012% share
−0.01% YoY
7.29% of Ch. 93
CAGR · 7-Year
Exports
32.00% /yr
Imports
5.94% /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 9304 have grown at a compound annual rate of 32.00% over 7 fiscal years, rising from ₹2.28 Crore in FY 2018-19 to ₹12.06 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9304 ranks #1038 out of 1233 subchapters by total export value. Within Chapter 93, it ranks #4 of 7. By trade surplus, it ranks #689 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9304 was recorded in FY 2022-23, when exports surged by 380.61% over the prior year.
In FY 2024-25, India's imports of ₹72.75 Cr exceeded exports of ₹12.06 Cr, resulting in a trade deficit of ₹60.69 Crore — ranking #689 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9304 have grown at 5.94% CAGR, reaching ₹72.75 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 93, HSN Sub-Chapter 9304 ranks #4 by export value — accounting for 0.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 7.29% share (rank #3).
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 9304 and GST compliance.
It includes Spring & air guns
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Spring & air guns 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.
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.