Consistent Export Growth: 2.74% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9615 have grown at a compound annual rate of 2.74% over 7 fiscal years, rising from ₹68.93 Crore in FY 2018-19 to ₹81.05 Crore in FY 2024-25.
HSN Sub Chapter 9615 represents Hair Accessories under GST classification. This code helps businesses identify Hair Accessories correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9615, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Hair Accessories.
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GST Rate for Hair Accessories under HSN Code 9615. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Hair Accessories.
India’s Exports
FY 2024-25₹81 Cr
0.0022% of India’s total exports
India’s Imports
FY 2024-25₹315 Cr
0.0052% of India’s total imports
Trade Balance
FY 2024-25−₹234 Cr
Surplus rank #797 of 1233 subchapters
% of Chapter 96
FY 2024-251.31%
Share of Chapter 96’s total exports in FY 2024-25
Import side: 5.55% of Chapter 96’s imports
Rank Within Chapter 96
FY 2024-25#10 of 20
Position by export value among subchapters in Chapter 96
Import-side rank: #9 of 20
At a glance
2.74%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#853
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+39.73%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.31%
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
−107.26
Exports
68.93 ₹ Cr
0.0030% share
— YoY
1.59% of Ch. 96
Imports
176.19 ₹ Cr
0.0049% share
— YoY
3.88% of Ch. 96
Balance
−137.85
Exports
61.54 ₹ Cr
0.0028% share
−10.72% YoY
1.39% of Ch. 96
Imports
199.39 ₹ Cr
0.0059% share
+13.17% YoY
4.67% of Ch. 96
Balance
−28.29
Exports
85.99 ₹ Cr
0.0040% share
+39.73% YoY
2.22% of Ch. 96
Imports
114.28 ₹ Cr
0.0039% share
−42.69% YoY
2.63% of Ch. 96
Balance
−81.79
Exports
82.60 ₹ Cr
0.0026% share
−3.94% YoY
1.62% of Ch. 96
Imports
164.39 ₹ Cr
0.0036% share
+43.85% YoY
3.11% of Ch. 96
Balance
−152.63
Exports
62.31 ₹ Cr
0.0017% share
−24.56% YoY
1.02% of Ch. 96
Imports
214.94 ₹ Cr
0.0037% share
+30.75% YoY
3.53% of Ch. 96
Balance
−178.01
Exports
75.55 ₹ Cr
0.0021% share
+21.25% YoY
1.26% of Ch. 96
Imports
253.56 ₹ Cr
0.0045% share
+17.97% YoY
4.14% of Ch. 96
Balance
−234.04
Exports
81.05 ₹ Cr
0.0022% share
+7.28% YoY
1.31% of Ch. 96
Imports
315.09 ₹ Cr
0.0052% share
+24.27% YoY
5.55% of Ch. 96
CAGR · 7-Year
Exports
2.74% /yr
Imports
10.17% /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 9615 have grown at a compound annual rate of 2.74% over 7 fiscal years, rising from ₹68.93 Crore in FY 2018-19 to ₹81.05 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9615 ranks #853 out of 1233 subchapters by total export value. Within Chapter 96, it ranks #10 of 20. By trade surplus, it ranks #797 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9615 was recorded in FY 2020-21, when exports surged by 39.73% over the prior year.
In FY 2024-25, India's imports of ₹315.09 Cr exceeded exports of ₹81.05 Cr, resulting in a trade deficit of ₹234.04 Crore — ranking #797 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9615 have grown at 10.17% CAGR, reaching ₹315.09 Crore in FY 2024-25.
Among the 20 subchapters under Chapter 96, HSN Sub-Chapter 9615 ranks #10 by export value — accounting for 1.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 5.55% share (rank #9).
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 9615 and GST compliance.
It includes Hair Accessories
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
If your outward supply of Hair Accessories 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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Hair Accessories 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.
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.
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.