HSN Code 86071990: Other Axle/Wheel Parts

HSN Code 86071990 represents Other Axle/Wheel Parts under GST classification. This code helps businesses identify Other Axle/Wheel Parts correctly for billing, taxation, and trade. With HSN Code 86071990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Axle/Wheel Parts.

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Description of Goods for HSN Code 86071990

HSN Code 86071990 relates to the following description.

Description of Goods

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

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 86071990 not include?

Other Axle/Wheel Parts 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 : Axles and wheels for locomotives

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

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

India’s Trade Performance — HSN Code 86071990 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

₹94 Cr

−18.44% vs FY 2023-24

0.0026% of India’s total exports

India’s Imports

FY 2024-25

₹716 Cr

−49.63% vs FY 2023-24

0.0118% of India’s total imports

Trade Balance

FY 2024-25

−₹622 Cr

Trade Deficit

Surplus rank #12015 of 12657 HSN codes

% of Sub-Chapter 8607

FY 2024-25

7.22%

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

Import side: 17.59% of Sub-Chapter 8607’s imports

Rank Within Sub-Chapter 8607

FY 2024-25

#6 of 15

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

Import-side rank: #2 of 15

At a glance

19.43%

Export CAGR

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

#2727

National Export Rank

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

+114.90%

Peak Growth Year

FY 2023-24 · strongest single-year move

7.22%

Contribution to Sub-Ch. 8607

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

India Export-Import Trade Statistics for HSN Code 86071990

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 #3460

Balance

−62.03

Exports

32.52 ₹ Cr

0.0014% share

YoY

4.42% of Sub-Ch. 8607

Imports

94.55 ₹ Cr

0.0026% share

YoY

5.56% of Sub-Ch. 8607

FY 2019-20 Exp. Rank #4040

Balance

−72.11

Exports

21.04 ₹ Cr

0.0010% share

−35.30% YoY

4.11% of Sub-Ch. 8607

Imports

93.15 ₹ Cr

0.0028% share

−1.48% YoY

5.88% of Sub-Ch. 8607

FY 2020-21 Exp. Rank #4780

Balance

−74.03

Exports

12.81 ₹ Cr

0.0006% share

−39.12% YoY

2.67% of Sub-Ch. 8607

Imports

86.84 ₹ Cr

0.0030% share

−6.77% YoY

5.51% of Sub-Ch. 8607

FY 2021-22 Exp. Rank #4258

Balance

−79.42

Exports

25.63 ₹ Cr

0.0008% share

+100.08% YoY

5.03% of Sub-Ch. 8607

Imports

105.05 ₹ Cr

0.0023% share

+20.97% YoY

6.60% of Sub-Ch. 8607

FY 2022-23 Exp. Rank #3379

Balance

−251.78

Exports

53.83 ₹ Cr

0.0015% share

+110.03% YoY

7.63% of Sub-Ch. 8607

Imports

305.61 ₹ Cr

0.0053% share

+190.92% YoY

10.91% of Sub-Ch. 8607

FY 2023-24 Exp. Rank #2392

Balance

−1,306.58

Exports

115.68 ₹ Cr

0.0032% share

+114.90% YoY

9.30% of Sub-Ch. 8607

Imports

1,422.26 ₹ Cr

0.0253% share

+365.38% YoY

28.17% of Sub-Ch. 8607

FY 2024-25 Exp. Rank #2727

Balance

−622.04

Exports

94.35 ₹ Cr

0.0026% share

−18.44% YoY

7.22% of Sub-Ch. 8607

Imports

716.39 ₹ Cr

0.0118% share

−49.63% YoY

17.59% of Sub-Ch. 8607

CAGR · 7-Year

Exports

19.43% /yr

Imports

40.15% /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 86071990 Export-Import Analysis

Consistent Export Growth: 19.43% CAGR Over 7 Years

India's exports under HSN Code 86071990 have grown at a compound annual rate of 19.43% over 7 fiscal years, rising from ₹32.52 Crore in FY 2018-19 to ₹94.35 Crore in FY 2024-25.

HSN Code 86071990 Ranked #2727 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 86071990 ranks #2727 out of 12657 HSN codes by total export value. Within Sub-Chapter 8607, it ranks #6 of 15. By trade surplus, it ranks #12015 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 86071990 Exports

The strongest single-year export movement for HSN Code 86071990 was recorded in FY 2023-24, when exports surged by 114.90% over the prior year.

India Records a Trade Deficit of ₹622.04 Crore in HSN Code 86071990 Goods

In FY 2024-25, India's imports of ₹716.39 Cr exceeded exports of ₹94.35 Cr, resulting in a trade deficit of ₹622.04 Crore — ranking #12015 of 12657 by surplus magnitude.

Import Growth of 40.15% CAGR Signals Rising Demand for Other Axle/Wheel Parts

India's imports under HSN Code 86071990 have grown at 40.15% CAGR, reaching ₹716.39 Crore in FY 2024-25.

HSN Code 86071990 Contributes 7.22% of Sub-Chapter 8607 Exports — Ranked #6

Among the 15 HSN codes under Sub-Chapter 8607, HSN Code 86071990 ranks #6 by export value — accounting for 7.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.59% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 86071990 and GST compliance.

What products are classified under HSN 86071990 ?

It includes Parts of tramway/locomotive stock

How should mixed supplies be billed when Other Axle/Wheel Parts is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Axle/Wheel Parts; Nil for exempt items if applicable).

How much GST applies to Other Axle/Wheel Parts?

Under HSN 86071990, Other Axle/Wheel Parts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Axle/Wheel Parts?

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

Any common misclassification issue with Other Axle/Wheel Parts?

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 Other Axle/Wheel Parts?

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.

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.