HSN Code 88024000: Aeroplanes (Unladen >15000 kg, Personal Use)

HSN Code 88024000 represents Aeroplanes (Unladen >15000 kg, Personal Use) under GST classification. This code helps businesses identify Aeroplanes (Unladen >15000 kg, Personal Use) correctly for billing, taxation, and trade. With HSN Code 88024000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aeroplanes (Unladen >15000 kg, Personal Use).

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Description of Goods for HSN Code 88024000

HSN Code 88024000 relates to the following description.

Description of Goods

Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg.

Chapter

88 - Aircraft, spacecraft, and parts thereof

Sub Chapter

8802 - Other aircraft, except unmanned aircraft of heading 8806 (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

See note

CESS note

3%(If for personal use)

Description of Goods

Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg. (for personal use)

Chapter

88 - Aircraft, spacecraft, and parts thereof

Sub Chapter

8802 - Other aircraft, except unmanned aircraft of heading 8806 (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles

CGST

14%

SGST

14%

IGST

28%

CESS

See note

CESS note

3%(If for personal use)

What does HSN Code 88024000 not include?

Aeroplanes (Unladen >15000 kg, Personal Use) does not include products with the following descriptions.

Helicopters : Of an unladen weight not exceeding 2,000 kg. (for personal use)

Aeroplanes and other aircraft, of an unladen weight not exceeding 2,000 kg.

Aeroplanes and other aircraft, of an unladen weight not exceeding 2,000 kg. (for personal use)

Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg. but not exceeding 15,000 kg.

Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg. but not exceeding 15,000 kg. (for personal use)

Spacecraft (including satellites) and suborbital and spacecraft launch vehicles

India’s Trade Performance — HSN Code 88024000 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

₹46,823 Cr

+220.40% vs FY 2023-24

1.2722% of India’s total exports

India’s Imports

FY 2024-25

₹1,04,810 Cr

+10.12% vs FY 2023-24

1.7250% of India’s total imports

Trade Balance

FY 2024-25

−₹57,986 Cr

Trade Deficit

Surplus rank #12647 of 12657 HSN codes

% of Sub-Chapter 8802

FY 2024-25

99.63%

Share of Sub-Chapter 8802’s total exports in FY 2024-25

Import side: 95.77% of Sub-Chapter 8802’s imports

Rank Within Sub-Chapter 8802

FY 2024-25

#1 of 6

Position by export value among HSN codes in Sub-Chapter 8802

Import-side rank: #1 of 6

At a glance

293.51%

Export CAGR

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

#8

National Export Rank

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

+3,125.60%

Peak Growth Year

FY 2020-21 · strongest single-year move

99.63%

Contribution to Sub-Ch. 8802

Share of Sub-Chapter 8802 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4718

Balance

−40,035.59

Exports

12.61 ₹ Cr

0.0006% share

YoY

2.38% of Sub-Ch. 8802

Imports

40,048.20 ₹ Cr

1.1172% share

YoY

79.79% of Sub-Ch. 8802

FY 2019-20 Exp. Rank #3763

Balance

−50,529.93

Exports

26.37 ₹ Cr

0.0012% share

+109.12% YoY

13.94% of Sub-Ch. 8802

Imports

50,556.30 ₹ Cr

1.5102% share

+26.24% YoY

78.51% of Sub-Ch. 8802

FY 2020-21 Exp. Rank #428

Balance

−39,037.18

Exports

850.59 ₹ Cr

0.0395% share

+3,125.60% YoY

73.12% of Sub-Ch. 8802

Imports

39,887.77 ₹ Cr

1.3689% share

−21.10% YoY

98.06% of Sub-Ch. 8802

FY 2021-22 Exp. Rank #2175

Balance

−26,866.10

Exports

120.85 ₹ Cr

0.0039% share

−85.79% YoY

49.94% of Sub-Ch. 8802

Imports

26,986.95 ₹ Cr

0.5904% share

−32.34% YoY

77.73% of Sub-Ch. 8802

FY 2022-23 Exp. Rank #744

Balance

−79,682.73

Exports

648.42 ₹ Cr

0.0179% share

+436.55% YoY

66.52% of Sub-Ch. 8802

Imports

80,331.15 ₹ Cr

1.3972% share

+197.67% YoY

92.18% of Sub-Ch. 8802

FY 2023-24 Exp. Rank #27

Balance

−80,561.31

Exports

14,613.87 ₹ Cr

0.4039% share

+2,153.77% YoY

98.59% of Sub-Ch. 8802

Imports

95,175.18 ₹ Cr

1.6948% share

+18.48% YoY

95.00% of Sub-Ch. 8802

FY 2024-25 Exp. Rank #8

Balance

−57,986.28

Exports

46,823.37 ₹ Cr

1.2722% share

+220.40% YoY

99.63% of Sub-Ch. 8802

Imports

1,04,809.65 ₹ Cr

1.7250% share

+10.12% YoY

95.77% of Sub-Ch. 8802

CAGR · 7-Year

Exports

293.51% /yr

Imports

17.39% /yr

Consistently Deficit
Sub-Chapter 8802 total

reference, FY 2024-25

Export

₹46,996.43 Cr

Import

₹1,09,440.80 Cr

Trade Balance

−62,444.37

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 88024000 and GST compliance.

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.

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.