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HSN Code 87060043: Chassis (Dumpers)

HSN Code 87060043 represents Chassis (Dumpers) under GST classification. This code helps businesses identify Chassis (Dumpers) correctly for billing, taxation, and trade. With HSN Code 87060043, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chassis (Dumpers).

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Description of Goods for HSN Code 87060043

HSN Code 87060043 relates to the following description.

Description of Goods

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

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%

What does HSN Code 87060043 not include?

Chassis (Dumpers) 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 vehicles of heading 8702: Other

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: 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 Trade Performance — HSN Code 87060043 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2025-26

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2025-26

< ₹1 Crore

Trade Surplus

Surplus rank #4991 of 12872 HSN codes

% of Sub-Chapter 8706

FY 2025-26

0.01%

Share of Sub-Chapter 8706’s total exports in FY 2025-26

Import side: 0.00% of Sub-Chapter 8706’s imports

Rank Within Sub-Chapter 8706

FY 2025-26

#9 of 11

Position by export value among HSN codes in Sub-Chapter 8706

At a glance

−52.54%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#9202

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

−15.11%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.01%

Contribution to Sub-Ch. 8706

Share of Sub-Chapter 8706 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 87060043

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2529

Balance

+64.57

Exports

64.57 ₹ Cr

0.0028% share

— YoY

2.12% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8706

FY 2019-20 Exp. Rank #3090

Balance

+43.52

Exports

43.52 ₹ Cr

0.0020% share

−32.60% YoY

1.79% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8706

FY 2020-21 Exp. Rank #3576

Balance

−69.94

Exports

31.76 ₹ Cr

0.0015% share

−27.02% YoY

2.69% of Sub-Ch. 8706

Imports

101.70 ₹ Cr

0.0035% share

— YoY

62.67% of Sub-Ch. 8706

FY 2021-22 Exp. Rank #4176

Balance

+4.69

Exports

26.96 ₹ Cr

0.0009% share

−15.11% YoY

1.37% of Sub-Ch. 8706

Imports

22.27 ₹ Cr

0.0005% share

−78.10% YoY

15.77% of Sub-Ch. 8706

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8706

FY 2023-24 Exp. Rank #8541

Balance

+0.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8706

FY 2024-25

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8706

FY 2025-26 Exp. Rank #9202

Balance

+0.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 8706

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8706

CAGR · 8-Year

Exports

−52.54% /yr

Imports

—

Consistently Surplus
Sub-Chapter 8706 total

reference, FY 2025-26

Export

₹2,816.55 Cr

Import

₹346.32 Cr

Trade Balance

+2,470.23

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

Key Trade Insights: HSN Code 87060043 Export-Import Analysis

Export Decline: −52.54% CAGR Over 8 Years

India's exports under HSN Code 87060043 have declined at a compound annual rate of −52.54% over 8 fiscal years, falling from ₹64.57 Crore in FY 2018-19 to ₹0.35 Crore in FY 2025-26.

HSN Code 87060043 Ranked #9202 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 87060043 ranks #9202 out of 12872 HSN codes by total export value. Within Sub-Chapter 8706, it ranks #9 of 11. By trade surplus, it ranks #4991 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 87060043 Exports

The strongest single-year export movement for HSN Code 87060043 was recorded in FY 2021-22, when exports declined by 15.11% over the prior year.

India Maintains a Trade Surplus of ₹0.35 Crore in HSN Code 87060043 Goods

In FY 2025-26, India's exports of ₹0.35 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.35 Crore — ranking #4991 of 12872 by surplus magnitude.

HSN Code 87060043 Contributes 0.01% of Sub-Chapter 8706 Exports — Ranked #9

Among the 11 HSN codes under Sub-Chapter 8706, HSN Code 87060043 ranks #9 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.

Frequently Asked Questions

Clear answers to common queries about HSN Code 87060043 and GST compliance.

What products are classified under HSN 87060043 ?

It includes Vehicle Body Parts & Accessories: Safety Seat Belts

Does packaging or labelling change the GST for Chassis (Dumpers)?

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 much GST applies to Chassis (Dumpers)?

Under HSN 87060043, Chassis (Dumpers) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Chassis (Dumpers) is sold with other items?

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

Can we claim ITC on inputs used to trade Chassis (Dumpers)?

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 Chassis (Dumpers)?

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

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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.