HSN Code 87024029: Electric vehicle (<=13 person, non-AC Alt): EV Metro Base

HSN Code 87024029 represents Electric vehicle (<=13 person, non-AC Alt): EV Metro Base under GST classification. This code helps businesses identify Electric vehicle (<=13 person, non-AC Alt): EV Metro Base correctly for billing, taxation, and trade. With HSN Code 87024029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electric vehicle (<=13 person, non-AC Alt): EV Metro Base.

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Description of Goods for HSN Code 87024029

HSN Code 87024029 relates to the following description.

Description of Goods

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, non air-conditioned

Chapter

87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

Sub Chapter

8702 - Motor vehicles for the transport of ten or more persons, including the driver

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

See note

CESS note

15% (if Motor vehicles for the transport of not more than 13 persons, including the driver, other than the vehicles of the description mentioned -Petrol, Liquefied Petroleum Gases (LPG) or compressed natural gas (CNG) driven motor vehicles of engine capacity not exceeding 1200cc and of length not exceeding 4000 mm and Diesel driven motor vehicles of engine capacity not exceeding 1500cc and of length not exceeding 4000 mm. /Nil( if All old and used motor vehicles. Explanation : Nothing contained in this entry shall apply if the supplier of such goods has availed input tax credit as defined in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017, CENVAT credit as defined in CENVAT Credit Rules, 2004, or the input tax credit of Value Added Tax or any other taxes paid on such vehicles / Nil (if Fuel Cell Motor Vehicles) / Nil if Motor vehicles cleared as ambulances duly fitted with all the fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such motor vehicles/ 3 % if diesel driven motor vehicles of engine capacity not exceeding 1500cc and of length not exceeding 4000 mm / 1% if Petrol, Liquefied Petroleum Gases (LPG) or compressed natural gas (CNG) driven motor vehicles of engine capacity not exceeding 1200cc and of length not exceeding 4000 mm.

What does HSN Code 87024029 not include?

Electric vehicle (<=13 person, non-AC Alt): EV Metro Base does not include products with the following descriptions.

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Integrated monocoque vehicle, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Integrated monocoque vehicle, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Other, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driverwith compression-ignition internalcombustion piston engine (diesel or semidiesel)other : integrated moncoque vehicle

Motor vehicles for the transport of ten or more persons, including the driver with compression-ignition internalcombustion piston engine (diesel or semidiesel)other : air-conditioned vehicle

Motor vehicles for the transport of ten or more persons, including the driver with compression-ignition internalcombustion piston engine (diesel or semidiesel)other :other

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver:Integrated monocoque vehicle, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver:Integrated monocoque vehicle, non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other,non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Integrated monocoque vehicle, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Integrated monocoque vehicle, non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Other, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Other, non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other,non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other Integrated monocoque vehicle, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, Integrated monocoque vehicle, non-air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other,non- air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: other : Integrated monocoque vehicle, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle,air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle,non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other : vehicles for transport of not more than13 persons, including the driver: electrically operated

Other : Vehicles for transport of not more than 13 persons, including the driver : Other, air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other vehicles for transport of not more than13 persons, including the driver:electrically operated vehicles not elsewhere included or specified

Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, non air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Other, air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other integrated monocoque vehicle

Motor vehicles for the transport of ten or more persons, including the driver other :air-conditioned vehicle

Motor vehicles for the transport of ten or more persons, including the driver other :other

India’s Trade Performance — HSN Code 87024029 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

₹9 Cr

+124.15% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−55.75% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹8 Cr

Trade Surplus

Surplus rank #3496 of 12657 HSN codes

% of Sub-Chapter 8702

FY 2024-25

0.56%

Share of Sub-Chapter 8702’s total exports in FY 2024-25

Import side: 2.00% of Sub-Chapter 8702’s imports

Rank Within Sub-Chapter 8702

FY 2024-25

#5 of 48

Position by export value among HSN codes in Sub-Chapter 8702

Import-side rank: #6 of 48

At a glance

85.44%

Export CAGR

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

#5979

National Export Rank

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

+2,830.77%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.56%

Contribution to Sub-Ch. 8702

Share of Sub-Chapter 8702 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 87024029

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 #8774

Balance

+0.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2021-22 Exp. Rank #9420

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2022-23 Exp. Rank #9522

Balance

−2.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 8702

Imports

3.01 ₹ Cr

0.0001% share

YoY

13.64% of Sub-Ch. 8702

FY 2023-24 Exp. Rank #6890

Balance

+1.55

Exports

3.81 ₹ Cr

0.0001% share

+2,830.77% YoY

0.26% of Sub-Ch. 8702

Imports

2.26 ₹ Cr

0.0000% share

−24.92% YoY

8.36% of Sub-Ch. 8702

FY 2024-25 Exp. Rank #5979

Balance

+7.54

Exports

8.54 ₹ Cr

0.0002% share

+124.15% YoY

0.56% of Sub-Ch. 8702

Imports

1.00 ₹ Cr

0.0000% share

−55.75% YoY

2.00% of Sub-Ch. 8702

CAGR · 7-Year

Exports

85.44% /yr

Imports

Consistently Surplus
Sub-Chapter 8702 total

reference, FY 2024-25

Export

₹1,516.67 Cr

Import

₹50.05 Cr

Trade Balance

+1,466.62

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

Key Trade Insights: HSN Code 87024029 Export-Import Analysis

Consistent Export Growth: 85.44% CAGR Over 7 Years

India's exports under HSN Code 87024029 have grown at a compound annual rate of 85.44% over 7 fiscal years, rising from ₹0.21 Crore in FY 2018-19 to ₹8.54 Crore in FY 2024-25.

HSN Code 87024029 Ranked #5979 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 87024029 ranks #5979 out of 12657 HSN codes by total export value. Within Sub-Chapter 8702, it ranks #5 of 48. By trade surplus, it ranks #3496 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 87024029 Exports

The strongest single-year export movement for HSN Code 87024029 was recorded in FY 2023-24, when exports surged by 2,830.77% over the prior year.

India Maintains a Trade Surplus of ₹7.54 Crore in HSN Code 87024029 Goods

In FY 2024-25, India's exports of ₹8.54 Cr exceeded imports of ₹1.00 Cr, resulting in a trade surplus of ₹7.54 Crore — ranking #3496 of 12657 by surplus magnitude.

HSN Code 87024029 Contributes 0.56% of Sub-Chapter 8702 Exports — Ranked #5

Among the 48 HSN codes under Sub-Chapter 8702, HSN Code 87024029 ranks #5 by export value — accounting for 0.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.00% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 87024029 and GST compliance.

What products are classified under HSN 87024029 ?

It includes Motor Vehicle Parts - Other Miscellaneous

Do e‑way bill and e‑invoice apply for Electric vehicle (<=13 person, non-AC Alt): EV Metro Base?

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.

Does packaging or labelling change the GST for Electric vehicle (<=13 person, non-AC Alt): EV Metro Base?

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 Electric vehicle (<=13 person, non-AC Alt): EV Metro Base is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electric vehicle (<=13 person, non-AC Alt): EV Metro Base; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Electric vehicle (<=13 person, non-AC Alt): EV Metro Base?

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 Electric vehicle (<=13 person, non-AC Alt): EV Metro Base?

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

How much GST applies to Electric vehicle (<=13 person, non-AC Alt): EV Metro Base?

Under HSN 87024029, Electric vehicle (<=13 person, non-AC Alt): EV Metro Base 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.