$40KIndia’s exports in FY 2024-25
1countries bought from India
24,674pieces shipped in FY 2024-25
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
India’s tariff dropped or renumbered this code from April 2026, so newer trade appears under its new code.
Biggest buyers, FY 2024-25
- United States
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Wrist-watches, pocket-watches and other watches, including stop watches, other than those of heading 9101Notification 9/2025-CT(R), Schedule II, entry 584
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.