Consistent Export Growth: 14.04% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9305 have grown at a compound annual rate of 14.04% over 7 fiscal years, rising from ₹519.26 Crore in FY 2018-19 to ₹1,142.44 Crore in FY 2024-25.
HSN Sub Chapter 9305 represents Accessories for firearms under GST classification. This code helps businesses identify Accessories for firearms correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9305, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Accessories for firearms.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Accessories for firearms under HSN Code 9305. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Accessories for firearms.
Tariff HSN
Description
Of revolvers or pistols
Tariff HSN
Description
Of shotguns or rifles of heading 9303 : Shotgun barrels
Tariff HSN
Description
Of shotguns or rifles of heading 9303 : Other
Tariff HSN
Description
Other : Of military weapons of heading 9301
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹1,142 Cr
0.0308% of India’s total exports
India’s Imports
FY 2024-25₹189 Cr
0.0031% of India’s total imports
Trade Balance
FY 2024-25₹953 Cr
Surplus rank #188 of 1233 subchapters
% of Chapter 93
FY 2024-2523.78%
Share of Chapter 93’s total exports in FY 2024-25
Import side: 18.98% of Chapter 93’s imports
Rank Within Chapter 93
FY 2024-25#2 of 7
Position by export value among subchapters in Chapter 93
Import-side rank: #2 of 7
At a glance
14.04%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#359
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+104.38%
Peak Growth Year
FY 2020-21 · strongest single-year move
23.78%
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
+493.94
Exports
519.26 ₹ Cr
0.0226% share
— YoY
66.68% of Ch. 93
Imports
25.32 ₹ Cr
0.0007% share
— YoY
5.54% of Ch. 93
Balance
+475.17
Exports
508.58 ₹ Cr
0.0230% share
−2.06% YoY
54.45% of Ch. 93
Imports
33.41 ₹ Cr
0.0010% share
+31.95% YoY
7.67% of Ch. 93
Balance
+1,004.83
Exports
1,039.45 ₹ Cr
0.0483% share
+104.38% YoY
68.23% of Ch. 93
Imports
34.62 ₹ Cr
0.0012% share
+3.62% YoY
6.80% of Ch. 93
Balance
+1,385.72
Exports
1,438.05 ₹ Cr
0.0458% share
+38.35% YoY
76.39% of Ch. 93
Imports
52.33 ₹ Cr
0.0011% share
+51.16% YoY
5.39% of Ch. 93
Balance
+1,523.40
Exports
1,623.63 ₹ Cr
0.0448% share
+12.91% YoY
63.87% of Ch. 93
Imports
100.23 ₹ Cr
0.0017% share
+91.53% YoY
10.94% of Ch. 93
Balance
+1,321.20
Exports
1,439.78 ₹ Cr
0.0398% share
−11.32% YoY
50.73% of Ch. 93
Imports
118.58 ₹ Cr
0.0021% share
+18.31% YoY
9.91% of Ch. 93
Balance
+952.96
Exports
1,142.44 ₹ Cr
0.0308% share
−20.65% YoY
23.78% of Ch. 93
Imports
189.48 ₹ Cr
0.0031% share
+59.79% YoY
18.98% of Ch. 93
CAGR · 7-Year
Exports
14.04% /yr
Imports
39.86% /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 9305 have grown at a compound annual rate of 14.04% over 7 fiscal years, rising from ₹519.26 Crore in FY 2018-19 to ₹1,142.44 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9305 ranks #359 out of 1233 subchapters by total export value. Within Chapter 93, it ranks #2 of 7. By trade surplus, it ranks #188 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9305 was recorded in FY 2020-21, when exports surged by 104.38% over the prior year.
In FY 2024-25, India's exports of ₹1,142.44 Cr exceeded imports of ₹189.48 Cr, resulting in a trade surplus of ₹952.96 Crore — ranking #188 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9305 have grown at 39.86% CAGR, reaching ₹189.48 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 93, HSN Sub-Chapter 9305 ranks #2 by export value — accounting for 23.78% of the chapter's total exports in FY 2024-25. On the import side, it holds 18.98% share (rank #2).
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 9305 and GST compliance.
It includes Accessories for firearms
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.
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.
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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Use a delivery challan for sending Accessories for firearms 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.