Consistent Export Growth: 5.61% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9606 have grown at a compound annual rate of 5.61% over 7 fiscal years, rising from ₹159.74 Crore in FY 2018-19 to ₹221.70 Crore in FY 2024-25.
HSN Sub Chapter 9606 represents Buttons & fasteners under GST classification. This code helps businesses identify Buttons & fasteners correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9606, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Buttons & fasteners.
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GST Rate for Buttons & fasteners under HSN Code 9606. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Buttons & fasteners.
Tariff HSN
Description
Press-fasteners, snap-fasteners and press-studs and parts thereof : Press-fasteners, snap-fasteners and press-studs
Tariff HSN
Description
Press-fasteners, snap-fasteners and press-studs and parts thereof : Parts
Tariff HSN
Description
Buttons : Of plastics, not covered with textile material
Tariff HSN
Description
Buttons : Of base metals, not covered with textile material
Tariff HSN
Description
Buttons : Other : Button of coconut shell or wood
Tariff HSN
Description
Buttons : Other: Other
Tariff HSN
Description
Button moulds and other parts of buttons; button blanks : Button blanks
Tariff HSN
Description
Button moulds and other parts of buttons; button blanks : Other
India’s Exports
FY 2024-25₹222 Cr
0.0060% of India’s total exports
India’s Imports
FY 2024-25₹651 Cr
0.0107% of India’s total imports
Trade Balance
FY 2024-25−₹429 Cr
Surplus rank #851 of 1233 subchapters
% of Chapter 96
FY 2024-253.58%
Share of Chapter 96’s total exports in FY 2024-25
Import side: 11.47% of Chapter 96’s imports
Rank Within Chapter 96
FY 2024-25#6 of 20
Position by export value among subchapters in Chapter 96
Import-side rank: #3 of 20
At a glance
5.61%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#683
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+69.28%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.58%
Contribution to Ch. 96
Share of Chapter 96 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
−359.96
Exports
159.74 ₹ Cr
0.0070% share
— YoY
3.70% of Ch. 96
Imports
519.70 ₹ Cr
0.0145% share
— YoY
11.46% of Ch. 96
Balance
−380.81
Exports
128.26 ₹ Cr
0.0058% share
−19.71% YoY
2.91% of Ch. 96
Imports
509.07 ₹ Cr
0.0152% share
−2.05% YoY
11.93% of Ch. 96
Balance
−309.41
Exports
100.03 ₹ Cr
0.0047% share
−22.01% YoY
2.58% of Ch. 96
Imports
409.44 ₹ Cr
0.0141% share
−19.57% YoY
9.43% of Ch. 96
Balance
−410.45
Exports
169.33 ₹ Cr
0.0054% share
+69.28% YoY
3.32% of Ch. 96
Imports
579.78 ₹ Cr
0.0127% share
+41.60% YoY
10.96% of Ch. 96
Balance
−403.84
Exports
219.17 ₹ Cr
0.0061% share
+29.43% YoY
3.58% of Ch. 96
Imports
623.01 ₹ Cr
0.0108% share
+7.46% YoY
10.22% of Ch. 96
Balance
−385.84
Exports
210.99 ₹ Cr
0.0058% share
−3.73% YoY
3.52% of Ch. 96
Imports
596.83 ₹ Cr
0.0106% share
−4.20% YoY
9.75% of Ch. 96
Balance
−429.47
Exports
221.70 ₹ Cr
0.0060% share
+5.08% YoY
3.58% of Ch. 96
Imports
651.17 ₹ Cr
0.0107% share
+9.10% YoY
11.47% of Ch. 96
CAGR · 7-Year
Exports
5.61% /yr
Imports
3.83% /yr
reference, FY 2024-25
Export
₹6,199.86 Cr
Import
₹5,675.05 Cr
Trade Balance
+524.81
India's exports under HSN Sub-Chapter 9606 have grown at a compound annual rate of 5.61% over 7 fiscal years, rising from ₹159.74 Crore in FY 2018-19 to ₹221.70 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9606 ranks #683 out of 1233 subchapters by total export value. Within Chapter 96, it ranks #6 of 20. By trade surplus, it ranks #851 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9606 was recorded in FY 2021-22, when exports surged by 69.28% over the prior year.
In FY 2024-25, India's imports of ₹651.17 Cr exceeded exports of ₹221.70 Cr, resulting in a trade deficit of ₹429.47 Crore — ranking #851 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9606 have grown at 3.83% CAGR, reaching ₹651.17 Crore in FY 2024-25.
Among the 20 subchapters under Chapter 96, HSN Sub-Chapter 9606 ranks #6 by export value — accounting for 3.58% of the chapter's total exports in FY 2024-25. On the import side, it holds 11.47% 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 9606 and GST compliance.
It includes Buttons & fasteners
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.
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.
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 Buttons & fasteners 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.
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.
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.