---
title: "HSN Code for Aircraft, Spacecraft, Its Parts | HSN Chapter 88 - BUSY"
description: "Get accurate GST rates, HSN codes and case laws for Aircraft, Spacecraft, Its Parts (Chapter 88) with BUSY.in - your trusted source for HSN tariff details."
canonical: "https://busy.in/hsn/chapter-88/"
---

# HSN Chapter 88: Aircraft, Spacecraft, Its Parts

Aircraft, spacecraft, and parts thereof

Part of [Section 17: Guide to HSN Section 17](https://busy.in/hsn/section-17/).

## Sub-chapters

| Code | Title | GST rate |
| --- | --- | --- |
| 8801 | [Non-powered aircraft](https://busy.in/hsn/sub-chapter-8801/) | 18% |
| 8802 | [Aircraft and spacecraft](https://busy.in/hsn/sub-chapter-8802/) | 18% |
| 8804 | [Parachutes & accessories](https://busy.in/hsn/sub-chapter-8804/) | 18% |
| 8805 | [Aircraft Launching Gear](https://busy.in/hsn/sub-chapter-8805/) | 5% |
| 8806 | [Unmanned Aircraft](https://busy.in/hsn/sub-chapter-8806/) | 18% |
| 8807 | [Railway Parts](https://busy.in/hsn/sub-chapter-8807/) | 18% |

## India's trade performance: HSN Chapter 88 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹58,844 Cr (+118.68% YoY) — 1.5889% of India's total exports
- Imports: ₹1,17,659 Cr (+11.86% YoY) — 1.9294% of India's total imports
- Trade balance: −₹58,816 Cr (Deficit); surplus rank #86 of 97 chapters

### Key metrics

- Export CAGR: 30.45% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #15 of 97 chapters by export value (FY 2024-25)
- Peak growth year: +134.02% in FY 2023-24
- Export growth (7Y): 4.9x (₹11,942.92 Cr to ₹58,843.53 Cr)

## India export-import trade statistics: HSN Chapter 88

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Imports (₹ Cr) | Imp share | Imp YoY | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 11,942.92 | 0.5178% | — | 53,531.00 | 1.4893% | — | −41,588.08 | #37 |
| FY 2019-20 | 10,096.34 | 0.4551% | −15.46% | 70,575.13 | 2.1000% | +31.84% | −60,478.79 | #41 |
| FY 2020-21 | 8,618.77 | 0.3993% | −14.63% | 42,666.81 | 1.4633% | −39.54% | −34,048.04 | #45 |
| FY 2021-22 | 8,521.74 | 0.2708% | −1.13% | 37,235.41 | 0.8143% | −12.73% | −28,713.67 | #46 |
| FY 2022-23 | 11,498.29 | 0.3176% | +34.93% | 90,580.08 | 1.5754% | +143.26% | −79,081.79 | #45 |
| FY 2023-24 | 26,907.95 | 0.7437% | +134.02% | 1,05,184.34 | 1.8730% | +16.12% | −78,276.39 | #27 |
| FY 2024-25 | 58,843.53 | 1.5889% | +118.68% | 1,17,659.23 | 1.9294% | +11.86% | −58,815.70 | #15 |

- CAGR (7-year): exports 30.45%/yr, imports 14.03%/yr (consistently Deficit)

## Key trade insights: HSN Chapter 88 export-import analysis

### Consistent export growth: 30.45% CAGR over 7 years

India's exports under HSN Chapter 88 have grown at a compound annual rate of 30.45% over 7 fiscal years, rising from ₹11,942.92 Crore in FY 2018-19 to ₹58,843.53 Crore in FY 2024-25.

### HSN Chapter 88 ranked #15 among all 97 chapters by export value

In FY 2024-25, HSN Chapter 88 ranks #15 out of 97 chapters by total export value. By trade surplus, it ranks #86 of 97.

### FY 2023-24 was the strongest growth year for HSN Chapter 88 exports

The strongest single-year export movement for HSN Chapter 88 was recorded in FY 2023-24, when exports surged by 134.02% over the prior year.

### India records a trade deficit of ₹58,815.70 Crore in HSN Chapter 88 goods

In FY 2024-25, India's imports of ₹1,17,659.23 Cr exceeded exports of ₹58,843.53 Cr, resulting in a trade deficit of ₹58,815.70 Crore — ranking #86 of 97 by surplus magnitude.

### Import growth of 14.03% CAGR signals rising demand for Aircraft, Spacecraft, Its Parts

India's imports under HSN Chapter 88 have grown at 14.03% CAGR, reaching ₹1,17,659.23 Crore in FY 2024-25.

## Related HSN Chapters in Section 17

Ranked by export value (FY 2024-25).

| Rank | HSN Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Chapter 87: Vehicles Other Than Tramway/Railway Rolling Stock](https://busy.in/hsn/chapter-87/) | ₹1,91,609 Cr |
| #2 | HSN Chapter 88: Aircraft, Spacecraft, Its Parts (this hsn chapter) | ₹58,844 Cr |
| #3 | [HSN Chapter 89: Floating Structures, Ships, Boats](https://busy.in/hsn/chapter-89/) | ₹36,177 Cr |
| #4 | [HSN Chapter 86: Tramway/Railway Locomotives & Rolling Stock](https://busy.in/hsn/chapter-86/) | ₹3,019 Cr |

## Other chapters in this section

| Code | Title |
| --- | --- |
| 86 | [Tramway/Railway Locomotives & Rolling Stock](https://busy.in/hsn/chapter-86/) |
| 87 | [Vehicles Other Than Tramway/Railway Rolling Stock](https://busy.in/hsn/chapter-87/) |
| 89 | [Floating Structures, Ships, Boats](https://busy.in/hsn/chapter-89/) |