Consistent Export Growth: 7.19% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9612 have grown at a compound annual rate of 7.19% over 7 fiscal years, rising from ₹22.30 Crore in FY 2018-19 to ₹33.83 Crore in FY 2024-25.
HSN Sub Chapter 9612 represents Inked Ribbons & Ink-pads under GST classification. This code helps businesses identify Inked Ribbons & Ink-pads correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9612, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Inked Ribbons & Ink-pads.
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GST Rate for Inked Ribbons & Ink-pads under HSN Code 9612. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Inked Ribbons & Ink-pads.
Tariff HSN
Description
Ribbons : Computer printer ribbon
Tariff HSN
Description
Ribbons :Ribbon for typewriters, other than electronic and similar machines
Tariff HSN
Description
Ribbons : Ribbon for electronic typewriter
Tariff HSN
Description
Ribbons :others
Tariff HSN
Description
Ink-pads
India’s Exports
FY 2024-25₹34 Cr
0.0009% of India’s total exports
India’s Imports
FY 2024-25₹417 Cr
0.0068% of India’s total imports
Trade Balance
FY 2024-25−₹383 Cr
Surplus rank #840 of 1233 subchapters
% of Chapter 96
FY 2024-250.55%
Share of Chapter 96’s total exports in FY 2024-25
Import side: 7.35% of Chapter 96’s imports
Rank Within Chapter 96
FY 2024-25#14 of 20
Position by export value among subchapters in Chapter 96
Import-side rank: #7 of 20
At a glance
7.19%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#956
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+59.65%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.55%
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
−294.40
Exports
22.30 ₹ Cr
0.0010% share
— YoY
0.52% of Ch. 96
Imports
316.70 ₹ Cr
0.0088% share
— YoY
6.98% of Ch. 96
Balance
−280.98
Exports
25.69 ₹ Cr
0.0012% share
+15.20% YoY
0.58% of Ch. 96
Imports
306.67 ₹ Cr
0.0091% share
−3.17% YoY
7.19% of Ch. 96
Balance
−256.14
Exports
24.75 ₹ Cr
0.0012% share
−3.66% YoY
0.64% of Ch. 96
Imports
280.89 ₹ Cr
0.0096% share
−8.41% YoY
6.47% of Ch. 96
Balance
−319.58
Exports
23.01 ₹ Cr
0.0007% share
−7.03% YoY
0.45% of Ch. 96
Imports
342.59 ₹ Cr
0.0075% share
+21.97% YoY
6.48% of Ch. 96
Balance
−385.78
Exports
27.80 ₹ Cr
0.0008% share
+20.82% YoY
0.45% of Ch. 96
Imports
413.58 ₹ Cr
0.0072% share
+20.72% YoY
6.78% of Ch. 96
Balance
−354.19
Exports
21.19 ₹ Cr
0.0006% share
−23.78% YoY
0.35% of Ch. 96
Imports
375.38 ₹ Cr
0.0067% share
−9.24% YoY
6.13% of Ch. 96
Balance
−383.46
Exports
33.83 ₹ Cr
0.0009% share
+59.65% YoY
0.55% of Ch. 96
Imports
417.29 ₹ Cr
0.0068% share
+11.16% YoY
7.35% of Ch. 96
CAGR · 7-Year
Exports
7.19% /yr
Imports
4.70% /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 9612 have grown at a compound annual rate of 7.19% over 7 fiscal years, rising from ₹22.30 Crore in FY 2018-19 to ₹33.83 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9612 ranks #956 out of 1233 subchapters by total export value. Within Chapter 96, it ranks #14 of 20. By trade surplus, it ranks #840 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9612 was recorded in FY 2024-25, when exports surged by 59.65% over the prior year.
In FY 2024-25, India's imports of ₹417.29 Cr exceeded exports of ₹33.83 Cr, resulting in a trade deficit of ₹383.46 Crore — ranking #840 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9612 have grown at 4.70% CAGR, reaching ₹417.29 Crore in FY 2024-25.
Among the 20 subchapters under Chapter 96, HSN Sub-Chapter 9612 ranks #14 by export value — accounting for 0.55% of the chapter's total exports in FY 2024-25. On the import side, it holds 7.35% share (rank #7).
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 9612 and GST compliance.
It includes Inked Ribbons & Ink-pads
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Inked Ribbons & Ink-pads 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.
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.
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.
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.