HSN Code 87054000: Concrete-mixer lorries

HSN Code 87054000 represents Concrete-mixer lorries under GST classification. This code helps businesses identify Concrete-mixer lorries correctly for billing, taxation, and trade. With HSN Code 87054000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Concrete-mixer lorries.

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Description of Goods for HSN Code 87054000

HSN Code 87054000 relates to the following description.

Description of Goods

Concrete-mixer lorries

Chapter

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

Sub Chapter

8705 - Special purpose motor vehicles, other than those principally designed for the transport of persons or goods (for example, breakdown lorries, crane lorries, fire fighting vehicles, concrete-mixers lorries, spraying lorries, mobile workshops, mobile radiological units)

CGST

9%

SGST

9%

IGST

18%

CESS

See note

CESS note

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)

What does HSN Code 87054000 not include?

Concrete-mixer lorries does not include products with the following descriptions.

India’s Trade Performance — HSN Code 87054000 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

₹51 Cr

−7.09% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹17 Cr

+202.80% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹34 Cr

Trade Surplus

Surplus rank #2431 of 12657 HSN codes

% of Sub-Chapter 8705

FY 2024-25

10.96%

Share of Sub-Chapter 8705’s total exports in FY 2024-25

Import side: 2.51% of Sub-Chapter 8705’s imports

Rank Within Sub-Chapter 8705

FY 2024-25

#1 of 5

Position by export value among HSN codes in Sub-Chapter 8705

Import-side rank: #2 of 5

At a glance

−10.69%

Export CAGR

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

#3583

National Export Rank

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

+184.52%

Peak Growth Year

FY 2020-21 · strongest single-year move

10.96%

Contribution to Sub-Ch. 8705

Share of Sub-Chapter 8705 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 87054000

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 #2002

Balance

+101.46

Exports

101.46 ₹ Cr

0.0044% share

— YoY

40.25% of Sub-Ch. 8705

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8705

FY 2019-20 Exp. Rank #3499

Balance

+30.52

Exports

32.42 ₹ Cr

0.0015% share

−68.05% YoY

19.31% of Sub-Ch. 8705

Imports

1.90 ₹ Cr

0.0001% share

— YoY

0.36% of Sub-Ch. 8705

FY 2020-21 Exp. Rank #2165

Balance

+92.02

Exports

92.24 ₹ Cr

0.0043% share

+184.52% YoY

35.21% of Sub-Ch. 8705

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−88.42% YoY

0.09% of Sub-Ch. 8705

FY 2021-22 Exp. Rank #2347

Balance

+80.59

Exports

105.03 ₹ Cr

0.0033% share

+13.87% YoY

24.57% of Sub-Ch. 8705

Imports

24.44 ₹ Cr

0.0005% share

+11,009.09% YoY

9.40% of Sub-Ch. 8705

FY 2022-23 Exp. Rank #2508

Balance

+69.29

Exports

101.53 ₹ Cr

0.0028% share

−3.33% YoY

25.47% of Sub-Ch. 8705

Imports

32.24 ₹ Cr

0.0006% share

+31.91% YoY

8.49% of Sub-Ch. 8705

FY 2023-24 Exp. Rank #3381

Balance

+49.69

Exports

55.41 ₹ Cr

0.0015% share

−45.43% YoY

14.33% of Sub-Ch. 8705

Imports

5.72 ₹ Cr

0.0001% share

−82.26% YoY

1.43% of Sub-Ch. 8705

FY 2024-25 Exp. Rank #3583

Balance

+34.16

Exports

51.48 ₹ Cr

0.0014% share

−7.09% YoY

10.96% of Sub-Ch. 8705

Imports

17.32 ₹ Cr

0.0003% share

+202.80% YoY

2.51% of Sub-Ch. 8705

CAGR · 7-Year

Exports

−10.69% /yr

Imports

—

Consistently Surplus
Sub-Chapter 8705 total

reference, FY 2024-25

Export

₹469.76 Cr

Import

₹690.25 Cr

Trade Balance

−220.49

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

Key Trade Insights: HSN Code 87054000 Export-Import Analysis

Export Decline: −10.69% CAGR Over 7 Years

India's exports under HSN Code 87054000 have declined at a compound annual rate of −10.69% over 7 fiscal years, falling from ₹101.46 Crore in FY 2018-19 to ₹51.48 Crore in FY 2024-25.

HSN Code 87054000 Ranked #3583 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 87054000 ranks #3583 out of 12657 HSN codes by total export value. Within Sub-Chapter 8705, it ranks #1 of 5. By trade surplus, it ranks #2431 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 87054000 Exports

The strongest single-year export movement for HSN Code 87054000 was recorded in FY 2020-21, when exports surged by 184.52% over the prior year.

India Maintains a Trade Surplus of ₹34.16 Crore in HSN Code 87054000 Goods

In FY 2024-25, India's exports of ₹51.48 Cr exceeded imports of ₹17.32 Cr, resulting in a trade surplus of ₹34.16 Crore — ranking #2431 of 12657 by surplus magnitude.

HSN Code 87054000 Contributes 10.96% of Sub-Chapter 8705 Exports — Ranked #1

Among the 5 HSN codes under Sub-Chapter 8705, HSN Code 87054000 ranks #1 by export value — accounting for 10.96% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.51% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 87054000 and GST compliance.

What products are classified under HSN 87054000 ?

It includes Chassis (Other vehicles)

How much GST applies to Concrete-mixer lorries?

Under HSN 87054000, Concrete-mixer lorries attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Concrete-mixer lorries?

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

How should mixed supplies be billed when Concrete-mixer lorries is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Concrete-mixer lorries; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Concrete-mixer lorries?

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.

Do e‑way bill and e‑invoice apply for Concrete-mixer lorries?

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.

Any common misclassification issue with Concrete-mixer lorries?

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

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.