Export Decline: −5.72% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9607 have declined at a compound annual rate of −5.72% over 7 fiscal years, falling from ₹241.14 Crore in FY 2018-19 to ₹169.30 Crore in FY 2024-25.
HSN Sub Chapter 9607 represents Slide Fasteners under GST classification. This code helps businesses identify Slide Fasteners correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9607, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Slide Fasteners.
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GST Rate for Slide Fasteners under HSN Code 9607. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Slide Fasteners.
Tariff HSN
Description
Slide fasteners : Fitted with chain scoops of base metal : Zip fasteners
Tariff HSN
Description
Slide fasteners : Fitted with chain scoops of base metal : Other
Tariff HSN
Description
Slide fasteners : Other : Zip fasteners
Tariff HSN
Description
Slide fasteners : Other : Other
Tariff HSN
Description
Slide fasteners : Parts
India’s Exports
FY 2024-25₹169 Cr
0.0046% of India’s total exports
India’s Imports
FY 2024-25₹602 Cr
0.0099% of India’s total imports
Trade Balance
FY 2024-25−₹433 Cr
Surplus rank #853 of 1233 subchapters
% of Chapter 96
FY 2024-252.73%
Share of Chapter 96’s total exports in FY 2024-25
Import side: 10.62% of Chapter 96’s imports
Rank Within Chapter 96
FY 2024-25#7 of 20
Position by export value among subchapters in Chapter 96
Import-side rank: #4 of 20
At a glance
−5.72%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#735
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+49.84%
Peak Growth Year
FY 2021-22 · strongest single-year move
2.73%
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
−234.79
Exports
241.14 ₹ Cr
0.0105% share
— YoY
5.58% of Ch. 96
Imports
475.93 ₹ Cr
0.0133% share
— YoY
10.49% of Ch. 96
Balance
−238.76
Exports
208.39 ₹ Cr
0.0094% share
−13.58% YoY
4.72% of Ch. 96
Imports
447.15 ₹ Cr
0.0133% share
−6.05% YoY
10.48% of Ch. 96
Balance
−227.56
Exports
123.63 ₹ Cr
0.0057% share
−40.67% YoY
3.19% of Ch. 96
Imports
351.19 ₹ Cr
0.0121% share
−21.46% YoY
8.09% of Ch. 96
Balance
−335.18
Exports
185.25 ₹ Cr
0.0059% share
+49.84% YoY
3.64% of Ch. 96
Imports
520.43 ₹ Cr
0.0114% share
+48.19% YoY
9.84% of Ch. 96
Balance
−371.21
Exports
212.58 ₹ Cr
0.0059% share
+14.75% YoY
3.48% of Ch. 96
Imports
583.79 ₹ Cr
0.0102% share
+12.17% YoY
9.58% of Ch. 96
Balance
−309.77
Exports
181.62 ₹ Cr
0.0050% share
−14.56% YoY
3.03% of Ch. 96
Imports
491.39 ₹ Cr
0.0088% share
−15.83% YoY
8.02% of Ch. 96
Balance
−433.16
Exports
169.30 ₹ Cr
0.0046% share
−6.78% YoY
2.73% of Ch. 96
Imports
602.46 ₹ Cr
0.0099% share
+22.60% YoY
10.62% of Ch. 96
CAGR · 7-Year
Exports
−5.72% /yr
Imports
4.01% /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 9607 have declined at a compound annual rate of −5.72% over 7 fiscal years, falling from ₹241.14 Crore in FY 2018-19 to ₹169.30 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9607 ranks #735 out of 1233 subchapters by total export value. Within Chapter 96, it ranks #7 of 20. By trade surplus, it ranks #853 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9607 was recorded in FY 2021-22, when exports surged by 49.84% over the prior year.
In FY 2024-25, India's imports of ₹602.46 Cr exceeded exports of ₹169.30 Cr, resulting in a trade deficit of ₹433.16 Crore — ranking #853 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9607 have grown at 4.01% CAGR, reaching ₹602.46 Crore in FY 2024-25.
Among the 20 subchapters under Chapter 96, HSN Sub-Chapter 9607 ranks #7 by export value — accounting for 2.73% of the chapter's total exports in FY 2024-25. On the import side, it holds 10.62% share (rank #4).
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 9607 and GST compliance.
It includes Slide Fasteners
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Slide Fasteners 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.
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.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
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.