HSN Code 86071920: Locomotive Parts (Axles and Wheels)

HSN Code 86071920 represents Locomotive Parts (Axles and Wheels) under GST classification. This code helps businesses identify Locomotive Parts (Axles and Wheels) correctly for billing, taxation, and trade. With HSN Code 86071920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Locomotive Parts (Axles and Wheels).

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Description of Goods for HSN Code 86071920

HSN Code 86071920 relates to the following description.

Description of Goods

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axles and wheels for locomotives

Chapter

86 - Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds

Sub Chapter

8607 - Parts of railway or tramway locomotives or rolling-stock

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 86071920 not include?

Locomotive Parts (Axles and Wheels) does not include products with the following descriptions.

Bogies, bissel-bogies, axles and wheels, and parts thereof : Driving bogies and bissel-bogies

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other bogies and bissel-bogies

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axles, wheels for coaches, van and wagons (rolling-stock)

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axle boxes (lubricating or grease box)

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Other parts of axles and wheels

Hooks and other coupling devices, buffers and parts thereof : Buffers and coupling devices

India’s Trade Performance — HSN Code 86071920 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

−88.90% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹277 Cr

+44.93% vs FY 2023-24

0.0046% of India’s total imports

Trade Balance

FY 2024-25

−₹276 Cr

Trade Deficit

Surplus rank #11546 of 12657 HSN codes

% of Sub-Chapter 8607

FY 2024-25

0.10%

Share of Sub-Chapter 8607’s total exports in FY 2024-25

Import side: 6.81% of Sub-Chapter 8607’s imports

Rank Within Sub-Chapter 8607

FY 2024-25

#13 of 15

Position by export value among HSN codes in Sub-Chapter 8607

Import-side rank: #5 of 15

At a glance

−44.81%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7958

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+40.70%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.10%

Contribution to Sub-Ch. 8607

Share of Sub-Chapter 8607 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 86071920

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

FY 2018-19 Exp. Rank #2898

Balance

+32.99

Exports

48.50 ₹ Cr

0.0021% share

YoY

6.59% of Sub-Ch. 8607

Imports

15.51 ₹ Cr

0.0004% share

YoY

0.91% of Sub-Ch. 8607

FY 2019-20 Exp. Rank #3481

Balance

−2.27

Exports

32.97 ₹ Cr

0.0015% share

−32.02% YoY

6.45% of Sub-Ch. 8607

Imports

35.24 ₹ Cr

0.0011% share

+127.21% YoY

2.23% of Sub-Ch. 8607

FY 2020-21 Exp. Rank #4133

Balance

−11.03

Exports

20.77 ₹ Cr

0.0010% share

−37.00% YoY

4.33% of Sub-Ch. 8607

Imports

31.80 ₹ Cr

0.0011% share

−9.76% YoY

2.02% of Sub-Ch. 8607

FY 2021-22 Exp. Rank #4642

Balance

+1.45

Exports

19.41 ₹ Cr

0.0006% share

−6.55% YoY

3.81% of Sub-Ch. 8607

Imports

17.96 ₹ Cr

0.0004% share

−43.52% YoY

1.13% of Sub-Ch. 8607

FY 2022-23 Exp. Rank #4290

Balance

−112.95

Exports

27.31 ₹ Cr

0.0008% share

+40.70% YoY

3.87% of Sub-Ch. 8607

Imports

140.26 ₹ Cr

0.0024% share

+680.96% YoY

5.01% of Sub-Ch. 8607

FY 2023-24 Exp. Rank #5440

Balance

−179.12

Exports

12.34 ₹ Cr

0.0003% share

−54.82% YoY

0.99% of Sub-Ch. 8607

Imports

191.46 ₹ Cr

0.0034% share

+36.50% YoY

3.79% of Sub-Ch. 8607

FY 2024-25 Exp. Rank #7958

Balance

−276.11

Exports

1.37 ₹ Cr

0.0000% share

−88.90% YoY

0.10% of Sub-Ch. 8607

Imports

277.48 ₹ Cr

0.0046% share

+44.93% YoY

6.81% of Sub-Ch. 8607

CAGR · 7-Year

Exports

−44.81% /yr

Imports

61.72% /yr

Consistently Deficit
Sub-Chapter 8607 total

reference, FY 2024-25

Export

₹1,306.99 Cr

Import

₹4,071.90 Cr

Trade Balance

−2,764.91

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 86071920 Export-Import Analysis

Export Decline: −44.81% CAGR Over 7 Years

India's exports under HSN Code 86071920 have declined at a compound annual rate of −44.81% over 7 fiscal years, falling from ₹48.50 Crore in FY 2018-19 to ₹1.37 Crore in FY 2024-25.

HSN Code 86071920 Ranked #7958 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 86071920 ranks #7958 out of 12657 HSN codes by total export value. Within Sub-Chapter 8607, it ranks #13 of 15. By trade surplus, it ranks #11546 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 86071920 Exports

The strongest single-year export movement for HSN Code 86071920 was recorded in FY 2022-23, when exports surged by 40.70% over the prior year.

India Records a Trade Deficit of ₹276.11 Crore in HSN Code 86071920 Goods

In FY 2024-25, India's imports of ₹277.48 Cr exceeded exports of ₹1.37 Cr, resulting in a trade deficit of ₹276.11 Crore — ranking #11546 of 12657 by surplus magnitude.

Import Growth of 61.72% CAGR Signals Rising Demand for Locomotive Parts (Axles and Wheels)

India's imports under HSN Code 86071920 have grown at 61.72% CAGR, reaching ₹277.48 Crore in FY 2024-25.

HSN Code 86071920 Contributes 0.10% of Sub-Chapter 8607 Exports — Ranked #13

Among the 15 HSN codes under Sub-Chapter 8607, HSN Code 86071920 ranks #13 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.81% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 86071920 and GST compliance.

What products are classified under HSN 86071920 ?

It includes Other : Of locomotives

Can we claim ITC on inputs used to trade Locomotive Parts (Axles and Wheels)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Locomotive Parts (Axles and Wheels)?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Locomotive Parts (Axles and Wheels) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Locomotive Parts (Axles and Wheels); Nil for exempt items if applicable).

Any common misclassification issue with Locomotive Parts (Axles and Wheels)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Locomotive Parts (Axles and Wheels)?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

How much GST applies to Locomotive Parts (Axles and Wheels)?

Under HSN 86071920, Locomotive Parts (Axles and Wheels) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.