Consistent Export Growth: 62.39% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9620 have grown at a compound annual rate of 62.39% over 7 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹9.72 Crore in FY 2024-25.
HSN Sub Chapter 9620 represents Monopods, bipods, tripods & similar under GST classification. This code helps businesses identify Monopods, bipods, tripods & similar correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9620, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Monopods, bipods, tripods & similar.
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GST Rate for Monopods, bipods, tripods & similar under HSN Code 9620. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Monopods, bipods, tripods & similar.
Tariff HSN
Description
Monopods, bipods, tripods and similar articles
India’s Exports
FY 2024-25₹10 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹243 Cr
0.0040% of India’s total imports
Trade Balance
FY 2024-25−₹233 Cr
Surplus rank #796 of 1233 subchapters
% of Chapter 96
FY 2024-250.16%
Share of Chapter 96’s total exports in FY 2024-25
Import side: 4.27% of Chapter 96’s imports
Rank Within Chapter 96
FY 2024-25#18 of 20
Position by export value among subchapters in Chapter 96
Import-side rank: #10 of 20
At a glance
62.39%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1053
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+920.75%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.16%
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
−72.92
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Ch. 96
Imports
73.45 ₹ Cr
0.0020% share
— YoY
1.62% of Ch. 96
Balance
−79.49
Exports
5.41 ₹ Cr
0.0002% share
+920.75% YoY
0.12% of Ch. 96
Imports
84.90 ₹ Cr
0.0025% share
+15.59% YoY
1.99% of Ch. 96
Balance
−91.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−85.03% YoY
0.02% of Ch. 96
Imports
91.90 ₹ Cr
0.0032% share
+8.25% YoY
2.12% of Ch. 96
Balance
−140.38
Exports
3.01 ₹ Cr
0.0001% share
+271.60% YoY
0.06% of Ch. 96
Imports
143.39 ₹ Cr
0.0031% share
+56.03% YoY
2.71% of Ch. 96
Balance
−168.24
Exports
8.44 ₹ Cr
0.0002% share
+180.40% YoY
0.14% of Ch. 96
Imports
176.68 ₹ Cr
0.0031% share
+23.22% YoY
2.90% of Ch. 96
Balance
−189.43
Exports
8.18 ₹ Cr
0.0002% share
−3.08% YoY
0.14% of Ch. 96
Imports
197.61 ₹ Cr
0.0035% share
+11.85% YoY
3.23% of Ch. 96
Balance
−232.86
Exports
9.72 ₹ Cr
0.0003% share
+18.83% YoY
0.16% of Ch. 96
Imports
242.58 ₹ Cr
0.0040% share
+22.76% YoY
4.27% of Ch. 96
CAGR · 7-Year
Exports
62.39% /yr
Imports
22.03% /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 9620 have grown at a compound annual rate of 62.39% over 7 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹9.72 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 9620 ranks #1053 out of 1233 subchapters by total export value. Within Chapter 96, it ranks #18 of 20. By trade surplus, it ranks #796 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 9620 was recorded in FY 2019-20, when exports surged by 920.75% over the prior year.
In FY 2024-25, India's imports of ₹242.58 Cr exceeded exports of ₹9.72 Cr, resulting in a trade deficit of ₹232.86 Crore — ranking #796 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 9620 have grown at 22.03% CAGR, reaching ₹242.58 Crore in FY 2024-25.
Among the 20 subchapters under Chapter 96, HSN Sub-Chapter 9620 ranks #18 by export value — accounting for 0.16% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.27% share (rank #10).
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 9620 and GST compliance.
It includes Monopods, bipods, tripods & similar
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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Use a delivery challan for sending Monopods, bipods, tripods & similar to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.
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.