Consistent Export Growth: 10.94% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9503 have grown at a compound annual rate of 10.94% over 7 fiscal years, rising from ₹767.30 Crore in FY 2018-19 to ₹1,430.75 Crore in FY 2024-25.
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.
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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.
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
India’s Exports
FY 2024-25₹1,431 Cr
0.0386% of India’s total exports
India’s Imports
FY 2024-25₹626 Cr
0.0103% of India’s total imports
Trade Balance
FY 2024-25₹804 Cr
Surplus rank #206 of 1233 subchapters
% of Chapter 95
FY 2024-2529.68%
Share of Chapter 95’s total exports in FY 2024-25
Import side: 13.58% of Chapter 95’s imports
Rank Within Chapter 95
FY 2024-25#2 of 6
Position by export value among subchapters in Chapter 95
Import-side rank: #3 of 6
At a glance
10.94%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#328
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+26.30%
Peak Growth Year
FY 2021-22 · strongest single-year move
29.68%
Contribution to Ch. 95
Share of Chapter 95 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
−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
CAGR · 7-Year
Exports
10.94% /yr
Imports
−18.43% /yr
reference, FY 2024-25
Export
₹4,820.53 Cr
Import
₹4,612.79 Cr
Trade Balance
+207.74
India's exports under HSN Sub-Chapter 9503 have grown at a compound annual rate of 10.94% over 7 fiscal years, rising from ₹767.30 Crore in FY 2018-19 to ₹1,430.75 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9503 ranks #328 out of 1233 subchapters by total export value. Within Chapter 95, it ranks #2 of 6. By trade surplus, it ranks #206 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 2024-25, India's exports of ₹1,430.75 Cr exceeded imports of ₹626.49 Cr, resulting in a trade surplus of ₹804.26 Crore — ranking #206 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9503 have grown at −18.43% CAGR, reaching ₹626.49 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 95, HSN Sub-Chapter 9503 ranks #2 by export value — accounting for 29.68% of the chapter's total exports in FY 2024-25. On the import side, it holds 13.58% 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 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.