HSN Code 88010020: Balloons

HSN Code 88010020 represents Balloons under GST classification. This code helps businesses identify Balloons correctly for billing, taxation, and trade. With HSN Code 88010020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Balloons.

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Description of Goods for Balloons

HSN Code 88010020 relates to the following description:

Chapter Number Chapter Name Sub Chapter Number Sub Chapter Name Description of Goods CGST
(%)
SGST
(%)
IGST
(%)
CESS
(%)
88 Aircraft, spacecraft, and parts thereof 8801 Balloons and dirigibles, gliders, hand gliders and other non-powered aircraft Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Balloons 9% 9% 18% 0%

Description of goods

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Balloons

Chapter

88 – Aircraft, spacecraft, and parts thereof

Sub Chapter

8801 – Balloons and dirigibles, gliders, hand gliders and other non-powered aircraft

CGST 9%
SGST 9%
IGST 18%
CESS 0%

What does HSN Code 88010020 not include?

Balloons does not include products with the following descriptions:

HSN Code Description
Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Gliders and hang gliders
Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Other
Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft gliders and hang gliders
Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft - other: balloons
Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft - other: other

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Gliders and hang gliders

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft: Other

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft gliders and hang gliders

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft - other: balloons

Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft - other: other

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FAQs for HSN Code 88010020

What products are classified under HSN 88010020 ?

It includes Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles

Do e‑way bill and e‑invoice apply for Balloons?

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 Balloons?

Under HSN 88010020, Balloons attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Balloons is sold with other items?

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

Any common misclassification issue with Balloons?

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

Can we claim ITC on inputs used to trade Balloons?

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

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.

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