Consistent Export Growth: 12.71% CAGR Over 8 Years
India's exports under HSN Sub-Chapter 9503 have grown at a compound annual rate of 12.71% over 8 fiscal years, rising from ₹767.30 Crore in FY 2018-19 to ₹1,772.46 Crore in FY 2025-26.
HSN Sub Chapter 9503 represents Wheeled toys, dolls & models under GST classification. This code helps businesses identify Wheeled toys, dolls & models correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9503, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wheeled toys, dolls & models.
Manage correct HSN codes and GST rates with BUSY.
GST Rate for Wheeled toys, dolls & models under HSN Code 9503. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
95HSN Code
HSN Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size ("scale") models and similar recreational models, working or not; puzzles of allkinds
New GST Rate
5% for non-electronic toys, puzzles, models and their parts; 18% for electronic toys and their parts.
Old GST Rate
Following tariff HSN codes fall under Wheeled toys, dolls & models.
Tariff HSN
Description
Electronic Toys like triclycles, scooters pedal cars etc. (including parts and accessories thereof)
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size (“scale”) models and similar recreational models, working or not; puzzles of all kinds: Of wood (electronic)
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size (“scale”) models and similar recreational models, working or not; puzzles of all kinds: Of metal(electronic)
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls carriages; dolls; other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - tricycles, scooters, pedal cars and similar wheeled toys; dolls carriages; dolls; other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds — of plastics
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls carriages; dolls; other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds -tricycles, scooters, pedal cars and similar wheeled toys; dolls carriages; dolls; other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds — other
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size (“scale”) models and similar recreational models, working or not; puzzles of all kinds: Parts :Of electronic toys
Tariff HSN
Description
Toy ballons made of natural rubber latex
Tariff HSN
Description
Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size (“scale”) models and similar recreational models, working or not; puzzles of all kinds:Parts: Other
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds electric trains, including tracks, signals and other accessories therefore
Tariff HSN
Description
Other toys; reduced-size (scale) models and similar recreational models, working or not; puzzles of all kinds reduced-size (scale) model assembly kits, whether or not working models, excluding those of sub-heading 9503 10
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds other construction sets and constructional toys
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toys representing animals or non-human creatures: stuffed
Tariff HSN
Description
Other toys; reduced-size (scale) models and similar recreational models, working or not; puzzles of all kinds - toys representing animals or non-human creatures: - other : of wood
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toys representing animals or non-human creatures: - other : of metal
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toys representing animals or non-human creatures: - other : of plastics
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toys representing animals or non-human creatures: - other : other
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toy musical instruments and apparatus: instruments and apparatus
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - toy musical instruments and apparatus: parts
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - puzzles: of wood
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - puzzles: other
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other toys, put up in sets or outfits : of plastics
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other toys, put up in sets or outfits : other
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other toys and models, incorporating a motor: toys and models
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other toys and models, incorporating a motor: parts
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other: toy weapons
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other: other toys
Tariff HSN
Description
Other toys; reduced-size (*scale*) models and similar recreational models, working or not; puzzles of all kinds - other: parts
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹1,772 Cr
0.0454% of India’s total exports
India’s Imports
FY 2025-26₹848 Cr
0.0124% of India’s total imports
Trade Balance
FY 2025-26₹924 Cr
Surplus rank #199 of 1233 subchapters
% of Chapter 95
FY 2025-2633.40%
Share of Chapter 95’s total exports in FY 2025-26
Import side: 15.01% of Chapter 95’s imports
Rank Within Chapter 95
FY 2025-26#2 of 6
Position by export value among subchapters in Chapter 95
Import-side rank: #3 of 6
At a glance
12.71%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#313
National Export Rank
of 1233 subchapters by export value, FY 2025-26
+26.30%
Peak Growth Year
FY 2021-22 · strongest single-year move
33.40%
Contribution to Ch. 95
Share of Chapter 95 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1,359.71
Exports
767.30 ₹ Cr
0.0334% share
— YoY
26.24% of Ch. 95
Imports
2,127.01 ₹ Cr
0.0592% share
— YoY
47.06% of Ch. 95
Balance
−1,055.05
Exports
918.23 ₹ Cr
0.0416% share
+19.67% YoY
32.11% of Ch. 95
Imports
1,973.28 ₹ Cr
0.0588% share
−7.23% YoY
49.64% of Ch. 95
Balance
+83.31
Exports
1,044.13 ₹ Cr
0.0485% share
+13.71% YoY
35.06% of Ch. 95
Imports
960.82 ₹ Cr
0.0330% share
−51.31% YoY
31.90% of Ch. 95
Balance
+1,050.57
Exports
1,318.70 ₹ Cr
0.0420% share
+26.30% YoY
32.42% of Ch. 95
Imports
268.13 ₹ Cr
0.0059% share
−72.09% YoY
9.16% of Ch. 95
Balance
+729.11
Exports
1,232.24 ₹ Cr
0.0340% share
−6.56% YoY
29.59% of Ch. 95
Imports
503.13 ₹ Cr
0.0088% share
+87.64% YoY
14.83% of Ch. 95
Balance
+723.36
Exports
1,260.88 ₹ Cr
0.0348% share
+2.32% YoY
29.12% of Ch. 95
Imports
537.52 ₹ Cr
0.0096% share
+6.84% YoY
12.54% of Ch. 95
Balance
+804.26
Exports
1,430.75 ₹ Cr
0.0386% share
+13.47% YoY
29.68% of Ch. 95
Imports
626.49 ₹ Cr
0.0103% share
+16.55% YoY
13.58% of Ch. 95
Balance
+924.39
Exports
1,772.46 ₹ Cr
0.0454% share
+23.88% YoY
33.40% of Ch. 95
Imports
848.07 ₹ Cr
0.0124% share
+35.37% YoY
15.01% of Ch. 95
CAGR · 8-Year
Exports
12.71% /yr
Imports
−12.31% /yr
reference, FY 2025-26
Export
₹5,306.38 Cr
Import
₹5,648.70 Cr
Trade Balance
−342.32
India's exports under HSN Sub-Chapter 9503 have grown at a compound annual rate of 12.71% over 8 fiscal years, rising from ₹767.30 Crore in FY 2018-19 to ₹1,772.46 Crore in FY 2025-26.
In FY 2025-26, HSN Sub-Chapter 9503 ranks #313 out of 1233 subchapters by total export value. Within Chapter 95, it ranks #2 of 6. By trade surplus, it ranks #199 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9503 was recorded in FY 2021-22, when exports surged by 26.30% over the prior year.
In FY 2025-26, India's exports of ₹1,772.46 Cr exceeded imports of ₹848.07 Cr, resulting in a trade surplus of ₹924.39 Crore — ranking #199 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9503 have grown at −12.31% CAGR, reaching ₹848.07 Crore in FY 2025-26.
Among the 6 subchapters under Chapter 95, HSN Sub-Chapter 9503 ranks #2 by export value — accounting for 33.40% of the chapter's total exports in FY 2025-26. On the import side, it holds 15.01% share (rank #3).
Clear answers to common queries about HSN Sub Chapter 9503 and GST compliance.
It includes Wheeled toys, dolls & models
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Wheeled toys, dolls & models 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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.