HSN Code 87149390: Hubs & Free-Wheel Sprocket Wheels

HSN Code 87149390 represents Hubs & Free-Wheel Sprocket Wheels under GST classification. This code helps businesses identify Hubs & Free-Wheel Sprocket Wheels correctly for billing, taxation, and trade. With HSN Code 87149390, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hubs & Free-Wheel Sprocket Wheels.

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Description of Goods for HSN Code 87149390

HSN Code 87149390 relates to the following description.

Description of Goods

Other : Hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels : Other

Chapter

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

Sub Chapter

8714 - Parts and accessories of vehicles of headings 8711 to 8713

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 87149390 not include?

Hubs & Free-Wheel Sprocket Wheels does not include products with the following descriptions.

HSN Code 87149310

Other : Hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels : Bicycle hubs

HSN Code 87149320

Other : Hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels : Bicycle free-wheels

HSN Code 87149400

Other : Brakes, including coaster braking hubs and hub brakes, and parts thereof

India’s Trade Performance — HSN Code 87149390 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

₹88 Cr

−22.95% vs FY 2023-24

0.0024% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−23.17% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹85 Cr

Trade Surplus

Surplus rank #1720 of 12657 HSN codes

% of Sub-Chapter 8714

FY 2024-25

0.91%

Share of Sub-Chapter 8714’s total exports in FY 2024-25

Import side: 0.05% of Sub-Chapter 8714’s imports

Rank Within Sub-Chapter 8714

FY 2024-25

#7 of 19

Position by export value among HSN codes in Sub-Chapter 8714

Import-side rank: #16 of 19

At a glance

24.85%

Export CAGR

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

#2853

National Export Rank

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

+670.71%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.91%

Contribution to Sub-Ch. 8714

Share of Sub-Chapter 8714 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 87149390

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 #3907

Balance

+20.55

Exports

23.14 ₹ Cr

0.0010% share

— YoY

0.53% of Sub-Ch. 8714

Imports

2.59 ₹ Cr

0.0001% share

— YoY

0.05% of Sub-Ch. 8714

FY 2019-20 Exp. Rank #4106

Balance

+16.09

Exports

20.02 ₹ Cr

0.0009% share

−13.48% YoY

0.43% of Sub-Ch. 8714

Imports

3.93 ₹ Cr

0.0001% share

+51.74% YoY

0.12% of Sub-Ch. 8714

FY 2020-21 Exp. Rank #3981

Balance

+21.10

Exports

23.48 ₹ Cr

0.0011% share

+17.28% YoY

0.45% of Sub-Ch. 8714

Imports

2.38 ₹ Cr

0.0001% share

−39.44% YoY

0.06% of Sub-Ch. 8714

FY 2021-22 Exp. Rank #4077

Balance

+25.31

Exports

29.33 ₹ Cr

0.0009% share

+24.91% YoY

0.40% of Sub-Ch. 8714

Imports

4.02 ₹ Cr

0.0001% share

+68.91% YoY

0.09% of Sub-Ch. 8714

FY 2022-23 Exp. Rank #1614

Balance

+221.95

Exports

226.05 ₹ Cr

0.0062% share

+670.71% YoY

3.06% of Sub-Ch. 8714

Imports

4.10 ₹ Cr

0.0001% share

+1.99% YoY

0.10% of Sub-Ch. 8714

FY 2023-24 Exp. Rank #2408

Balance

+110.47

Exports

113.75 ₹ Cr

0.0031% share

−49.68% YoY

1.41% of Sub-Ch. 8714

Imports

3.28 ₹ Cr

0.0001% share

−20.00% YoY

0.09% of Sub-Ch. 8714

FY 2024-25 Exp. Rank #2853

Balance

+85.12

Exports

87.64 ₹ Cr

0.0024% share

−22.95% YoY

0.91% of Sub-Ch. 8714

Imports

2.52 ₹ Cr

0.0000% share

−23.17% YoY

0.05% of Sub-Ch. 8714

CAGR · 7-Year

Exports

24.85% /yr

Imports

−0.46% /yr

Consistently Surplus
Sub-Chapter 8714 total

reference, FY 2024-25

Export

₹9,586.17 Cr

Import

₹4,808.19 Cr

Trade Balance

+4,777.98

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

Key Trade Insights: HSN Code 87149390 Export-Import Analysis

Consistent Export Growth: 24.85% CAGR Over 7 Years

India's exports under HSN Code 87149390 have grown at a compound annual rate of 24.85% over 7 fiscal years, rising from ₹23.14 Crore in FY 2018-19 to ₹87.64 Crore in FY 2024-25.

HSN Code 87149390 Ranked #2853 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 87149390 ranks #2853 out of 12657 HSN codes by total export value. Within Sub-Chapter 8714, it ranks #7 of 19. By trade surplus, it ranks #1720 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 87149390 Exports

The strongest single-year export movement for HSN Code 87149390 was recorded in FY 2022-23, when exports surged by 670.71% over the prior year.

India Maintains a Trade Surplus of ₹85.12 Crore in HSN Code 87149390 Goods

In FY 2024-25, India's exports of ₹87.64 Cr exceeded imports of ₹2.52 Cr, resulting in a trade surplus of ₹85.12 Crore — ranking #1720 of 12657 by surplus magnitude.

Import Growth of −0.46% CAGR Signals Stable Import Dependency for Hubs & Free-Wheel Sprocket Wheels

India's imports under HSN Code 87149390 have grown at −0.46% CAGR, reaching ₹2.52 Crore in FY 2024-25.

HSN Code 87149390 Contributes 0.91% of Sub-Chapter 8714 Exports — Ranked #7

Among the 19 HSN codes under Sub-Chapter 8714, HSN Code 87149390 ranks #7 by export value — accounting for 0.91% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 87149390 and GST compliance.

What products are classified under HSN 87149390 ?

It includes Other Parts & Accessories for Motorcycles, Bicycles & Similar

Does packaging or labelling change the GST for Hubs & Free-Wheel Sprocket Wheels?

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.

Can we claim ITC on inputs used to trade Hubs & Free-Wheel Sprocket Wheels?

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 Hubs & Free-Wheel Sprocket Wheels is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hubs & Free-Wheel Sprocket Wheels; Nil for exempt items if applicable).

Any common misclassification issue with Hubs & Free-Wheel Sprocket Wheels?

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

Do e‑way bill and e‑invoice apply for Hubs & Free-Wheel Sprocket Wheels?

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 much GST applies to Hubs & Free-Wheel Sprocket Wheels?

Under HSN 87149390, Hubs & Free-Wheel Sprocket Wheels 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.