HSN Code 87060049: Chassis (Other)

HSN Code 87060049 represents Chassis (Other) under GST classification. This code helps businesses identify Chassis (Other) correctly for billing, taxation, and trade. With HSN Code 87060049, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chassis (Other).

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Description of Goods for HSN Code 87060049

HSN Code 87060049 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: 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

14%

SGST

14%

IGST

28%

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 87060049 not include?

Chassis (Other) does not include products with the following descriptions.

HSN Code 87060011

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

HSN Code 87060019

Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Other

HSN Code 87060021

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

HSN Code 87060029

Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: Other

HSN Code 87060031

Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: For three-wheeled vehicles

HSN Code 87060039

Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: Other

HSN Code 87060041

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

HSN Code 87060042

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

HSN Code 87060043

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

HSN Code 87060050

Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8705

India’s Trade Performance — HSN Code 87060049 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

₹48 Cr

+67.00% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹26 Cr

−55.92% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

₹22 Cr

Trade Surplus

Surplus rank #2761 of 12657 HSN codes

% of Sub-Chapter 8706

FY 2024-25

2.00%

Share of Sub-Chapter 8706’s total exports in FY 2024-25

Import side: 5.89% of Sub-Chapter 8706’s imports

Rank Within Sub-Chapter 8706

FY 2024-25

#5 of 11

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

Import-side rank: #3 of 11

At a glance

32.60%

Export CAGR

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

#3689

National Export Rank

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

+426.75%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.00%

Contribution to Sub-Ch. 8706

Share of Sub-Chapter 8706 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 87060049

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 #5145

Balance

+8.78

Exports

8.79 ₹ Cr

0.0004% share

— YoY

0.29% of Sub-Ch. 8706

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 8706

FY 2019-20 Exp. Rank #5601

Balance

+5.99

Exports

6.17 ₹ Cr

0.0003% share

−29.81% YoY

0.25% of Sub-Ch. 8706

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,700.00% YoY

0.07% of Sub-Ch. 8706

FY 2020-21 Exp. Rank #7594

Balance

+0.84

Exports

1.09 ₹ Cr

0.0001% share

−82.33% YoY

0.09% of Sub-Ch. 8706

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+38.89% YoY

0.15% of Sub-Ch. 8706

FY 2021-22 Exp. Rank #7182

Balance

−13.89

Exports

2.28 ₹ Cr

0.0001% share

+109.17% YoY

0.12% of Sub-Ch. 8706

Imports

16.17 ₹ Cr

0.0004% share

+6,368.00% YoY

11.45% of Sub-Ch. 8706

FY 2022-23 Exp. Rank #5386

Balance

−2.39

Exports

12.01 ₹ Cr

0.0003% share

+426.75% YoY

0.51% of Sub-Ch. 8706

Imports

14.40 ₹ Cr

0.0003% share

−10.95% YoY

5.37% of Sub-Ch. 8706

FY 2023-24 Exp. Rank #4310

Balance

−30.38

Exports

28.61 ₹ Cr

0.0008% share

+138.22% YoY

1.40% of Sub-Ch. 8706

Imports

58.99 ₹ Cr

0.0011% share

+309.65% YoY

28.06% of Sub-Ch. 8706

FY 2024-25 Exp. Rank #3689

Balance

+21.78

Exports

47.78 ₹ Cr

0.0013% share

+67.00% YoY

2.00% of Sub-Ch. 8706

Imports

26.00 ₹ Cr

0.0004% share

−55.92% YoY

5.89% of Sub-Ch. 8706

CAGR · 7-Year

Exports

32.60% /yr

Imports

270.82% /yr

Consistently Surplus
Sub-Chapter 8706 total

reference, FY 2024-25

Export

₹2,386.27 Cr

Import

₹441.25 Cr

Trade Balance

+1,945.02

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

Key Trade Insights: HSN Code 87060049 Export-Import Analysis

Consistent Export Growth: 32.60% CAGR Over 7 Years

India's exports under HSN Code 87060049 have grown at a compound annual rate of 32.60% over 7 fiscal years, rising from ₹8.79 Crore in FY 2018-19 to ₹47.78 Crore in FY 2024-25.

HSN Code 87060049 Ranked #3689 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 87060049 ranks #3689 out of 12657 HSN codes by total export value. Within Sub-Chapter 8706, it ranks #5 of 11. By trade surplus, it ranks #2761 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 87060049 Exports

The strongest single-year export movement for HSN Code 87060049 was recorded in FY 2022-23, when exports surged by 426.75% over the prior year.

India Maintains a Trade Surplus of ₹21.78 Crore in HSN Code 87060049 Goods

In FY 2024-25, India's exports of ₹47.78 Cr exceeded imports of ₹26.00 Cr, resulting in a trade surplus of ₹21.78 Crore — ranking #2761 of 12657 by surplus magnitude.

Import Growth of 270.82% CAGR Signals Rising Demand for Chassis (Other)

India's imports under HSN Code 87060049 have grown at 270.82% CAGR, reaching ₹26.00 Crore in FY 2024-25.

HSN Code 87060049 Contributes 2.00% of Sub-Chapter 8706 Exports — Ranked #5

Among the 11 HSN codes under Sub-Chapter 8706, HSN Code 87060049 ranks #5 by export value — accounting for 2.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.89% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 87060049 and GST compliance.

What products are classified under HSN 87060049 ?

It includes Vehicle Windscreens/Windows

Any common misclassification issue with Chassis (Other)?

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

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

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 Chassis (Other)?

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.

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

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

How much GST applies to Chassis (Other)?

Under HSN 87060049, Chassis (Other) 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.