--- title: "HSN Code for Aeroplanes (Unladen >15000 kg, Personal Use) | HSN 88024000 GST Rate" description: "Find HSN and GST Rates for 88024000 related to Aeroplanes (Unladen >15000 kg, Personal Use) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-88024000/" --- # HSN Code 88024000: Aeroplanes (Unladen >15000 kg, Personal Use) - [Section 17: Guide to HSN Section 17](https://busy.in/hsn/section-17/) - [Chapter 88: Aircraft, Spacecraft, Its Parts](https://busy.in/hsn/chapter-88/) - [Sub-chapter 8802: Aircraft and spacecraft](https://busy.in/hsn/sub-chapter-8802/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg. | 2.5% | 2.5% | 5% | 3%(If for personal use) | | Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg. (for personal use) | 14% | 14% | 28% | 3%(If for personal use) | ## Frequently asked questions ### What products are classified under HSN 88024000 ? It includes Air Combat Simulators & Parts ### Can we claim ITC on inputs used to trade Aeroplanes (Unladen >15000 kg, Personal Use)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Aeroplanes (Unladen >15000 kg, Personal Use)? 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 Aeroplanes (Unladen >15000 kg, Personal Use) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aeroplanes (Unladen >15000 kg, Personal Use); Nil for exempt items if applicable). ### Any common misclassification issue with Aeroplanes (Unladen >15000 kg, Personal Use)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Aeroplanes (Unladen >15000 kg, Personal Use)? Under HSN 88024000, Aeroplanes (Unladen >15000 kg, Personal Use) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 88024000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹46,823 Cr (+220.40% YoY) — 1.2722% of India's total exports - Imports: ₹1,04,810 Cr (+10.12% YoY) — 1.7250% of India's total imports - Trade balance: −₹57,986 Cr (Deficit); surplus rank #12647 of 12657 HSN codes - Share of Sub-Chapter 8802: 99.63% of its exports; import side 95.77% - Rank within Sub-Chapter 8802: #1 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: 293.51% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,125.60% in FY 2020-21 - Contribution to Sub-Ch. 8802: 99.63% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 88024000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8802 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8802 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 12.61 | 0.0006% | — | 2.38% | 40,048.20 | 1.1172% | — | 79.79% | −40,035.59 | #4718 | | FY 2019-20 | 26.37 | 0.0012% | +109.12% | 13.94% | 50,556.30 | 1.5102% | +26.24% | 78.51% | −50,529.93 | #3763 | | FY 2020-21 | 850.59 | 0.0395% | +3,125.60% | 73.12% | 39,887.77 | 1.3689% | −21.10% | 98.06% | −39,037.18 | #428 | | FY 2021-22 | 120.85 | 0.0039% | −85.79% | 49.94% | 26,986.95 | 0.5904% | −32.34% | 77.73% | −26,866.10 | #2175 | | FY 2022-23 | 648.42 | 0.0179% | +436.55% | 66.52% | 80,331.15 | 1.3972% | +197.67% | 92.18% | −79,682.73 | #744 | | FY 2023-24 | 14,613.87 | 0.4039% | +2,153.77% | 98.59% | 95,175.18 | 1.6948% | +18.48% | 95.00% | −80,561.31 | #27 | | FY 2024-25 | 46,823.37 | 1.2722% | +220.40% | 99.63% | 1,04,809.65 | 1.7250% | +10.12% | 95.77% | −57,986.28 | #8 | - CAGR (7-year): exports 293.51%/yr, imports 17.39%/yr (consistently Deficit) ## Key trade insights: HSN Code 88024000 export-import analysis ### Consistent export growth: 293.51% CAGR over 7 years India's exports under HSN Code 88024000 have grown at a compound annual rate of 293.51% over 7 fiscal years, rising from ₹12.61 Crore in FY 2018-19 to ₹46,823.37 Crore in FY 2024-25. ### HSN Code 88024000 ranked #8 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 88024000 ranks #8 out of 12657 HSN codes by total export value. Within Sub-Chapter 8802, it ranks #1 of 6. By trade surplus, it ranks #12647 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 88024000 exports The strongest single-year export movement for HSN Code 88024000 was recorded in FY 2020-21, when exports surged by 3,125.60% over the prior year. ### India records a trade deficit of ₹57,986.28 Crore in HSN Code 88024000 goods In FY 2024-25, India's imports of ₹1,04,809.65 Cr exceeded exports of ₹46,823.37 Cr, resulting in a trade deficit of ₹57,986.28 Crore — ranking #12647 of 12657 by surplus magnitude. ### Import growth of 17.39% CAGR signals rising demand for Aeroplanes (Unladen >15000 kg, Personal Use) India's imports under HSN Code 88024000 have grown at 17.39% CAGR, reaching ₹1,04,809.65 Crore in FY 2024-25. ### HSN Code 88024000 contributes 99.63% of Sub-Chapter 8802 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 8802, HSN Code 88024000 ranks #1 by export value — accounting for 99.63% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 95.77% share (rank #1). ## Related HSN Codes in Sub-Chapter 8802 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 88024000: Aeroplanes (Unladen >15000 kg, Personal Use) (this hsn code) | ₹46,823 Cr | | #2 | [HSN Code 88021200: Helicopters Weighing > 2,000 kg for Personal Use](https://busy.in/hsn/hsn-88021200/) | ₹113 Cr | | #3 | [HSN Code 88026000: Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles](https://busy.in/hsn/hsn-88026000/) | ₹48 Cr | | #4 | [HSN Code 88023000: Aeroplanes Weighing 2,000-15,000 kg for Personal Use](https://busy.in/hsn/hsn-88023000/) | ₹10 Cr | | #5 | [HSN Code 88022000: Aeroplanes (Unladen ≤2000 kg, Personal Use)](https://busy.in/hsn/hsn-88022000/) | ₹1 Cr | | #6 | [HSN Code 88021100: Helicopters Weighing ≤ 2000 kg for Personal Use](https://busy.in/hsn/hsn-88021100/) | < ₹1 Crore |