HSN Code 87060029 represents Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons under GST classification. This code helps businesses identify Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons correctly for billing, taxation, and trade. With HSN Code 87060029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 87060029 relates to the following description.
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: Other
9%
9%
18%
0%
Description of Goods
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: Other
Chapter
87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Sub Chapter
8706 - Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons does not include products with the following descriptions.
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Of engine capacity not exceeding 1,800 cc
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: For transport of not more than thirteen persons, including the driver
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: For three-wheeled vehicles
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For three-wheeled motor vehicle
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For vehicles, other than petrol driven
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For dumpers covered in the heading 8704
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8705
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Of engine capacity not exceeding 1,800 cc
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: For transport of not more than thirteen persons, including the driver
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: For three-wheeled vehicles
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For three-wheeled motor vehicle
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For vehicles, other than petrol driven
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For dumpers covered in the heading 8704
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: Other
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8705
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India’s Exports
FY 2025-26₹1,848 Cr
0.0474% of India’s total exports
India’s Imports
FY 2025-26₹223 Cr
0.0032% of India’s total imports
Trade Balance
FY 2025-26₹1,625 Cr
Surplus rank #246 of 12872 HSN codes
% of Sub-Chapter 8706
FY 2025-2665.60%
Share of Sub-Chapter 8706’s total exports in FY 2025-26
Import side: 64.32% of Sub-Chapter 8706’s imports
Rank Within Sub-Chapter 8706
FY 2025-26#1 of 11
Position by export value among HSN codes in Sub-Chapter 8706
Import-side rank: #1 of 11
At a glance
19.27%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#328
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+91.90%
Peak Growth Year
FY 2022-23 · strongest single-year move
65.60%
Contribution to Sub-Ch. 8706
Share of Sub-Chapter 8706 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+520.43
Exports
538.07 ₹ Cr
0.0235% share
— YoY
17.67% of Sub-Ch. 8706
Imports
17.64 ₹ Cr
0.0005% share
— YoY
17.66% of Sub-Ch. 8706
Balance
+577.54
Exports
811.27 ₹ Cr
0.0369% share
+50.77% YoY
33.39% of Sub-Ch. 8706
Imports
233.73 ₹ Cr
0.0070% share
+1,225.00% YoY
94.57% of Sub-Ch. 8706
Balance
+423.58
Exports
432.09 ₹ Cr
0.0201% share
−46.74% YoY
36.57% of Sub-Ch. 8706
Imports
8.51 ₹ Cr
0.0003% share
−96.36% YoY
5.24% of Sub-Ch. 8706
Balance
+482.86
Exports
557.63 ₹ Cr
0.0178% share
+29.05% YoY
28.31% of Sub-Ch. 8706
Imports
74.77 ₹ Cr
0.0016% share
+778.61% YoY
52.96% of Sub-Ch. 8706
Balance
+831.61
Exports
1,070.10 ₹ Cr
0.0296% share
+91.90% YoY
45.54% of Sub-Ch. 8706
Imports
238.49 ₹ Cr
0.0041% share
+218.96% YoY
88.93% of Sub-Ch. 8706
Balance
+1,026.49
Exports
1,144.81 ₹ Cr
0.0316% share
+6.98% YoY
56.09% of Sub-Ch. 8706
Imports
118.32 ₹ Cr
0.0021% share
−50.39% YoY
56.28% of Sub-Ch. 8706
Balance
+1,232.91
Exports
1,489.93 ₹ Cr
0.0405% share
+30.15% YoY
62.44% of Sub-Ch. 8706
Imports
257.02 ₹ Cr
0.0042% share
+117.22% YoY
58.25% of Sub-Ch. 8706
Balance
+1,624.93
Exports
1,847.68 ₹ Cr
0.0474% share
+24.01% YoY
65.60% of Sub-Ch. 8706
Imports
222.75 ₹ Cr
0.0032% share
−13.33% YoY
64.32% of Sub-Ch. 8706
CAGR · 8-Year
Exports
19.27% /yr
Imports
43.66% /yr
reference, FY 2025-26
Export
₹2,816.55 Cr
Import
₹346.32 Cr
Trade Balance
+2,470.23
India's exports under HSN Code 87060029 have grown at a compound annual rate of 19.27% over 8 fiscal years, rising from ₹538.07 Crore in FY 2018-19 to ₹1,847.68 Crore in FY 2025-26.
In FY 2025-26, HSN Code 87060029 ranks #328 out of 12872 HSN codes by total export value. Within Sub-Chapter 8706, it ranks #1 of 11. By trade surplus, it ranks #246 of 12872.
The strongest single-year export movement for HSN Code 87060029 was recorded in FY 2022-23, when exports surged by 91.90% over the prior year.
In FY 2025-26, India's exports of ₹1,847.68 Cr exceeded imports of ₹222.75 Cr, resulting in a trade surplus of ₹1,624.93 Crore — ranking #246 of 12872 by surplus magnitude.
India's imports under HSN Code 87060029 have grown at 43.66% CAGR, reaching ₹222.75 Crore in FY 2025-26.
Among the 11 HSN codes under Sub-Chapter 8706, HSN Code 87060029 ranks #1 by export value — accounting for 65.60% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 64.32% share (rank #1).
Clear answers to common queries about HSN Code 87060029 and GST compliance.
It includes Chassis (Vehicles under 8705)
Under HSN 87060029, Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Engine-Fitted Chassis for Passenger Vehicles Carrying More Than 13 Persons; Nil for exempt items if applicable).