--- title: "HSN Code for Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles | HSN 88026000 GST Rate" description: "Find HSN and GST Rates for 88026000 related to Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-88026000/" --- # HSN Code 88026000: Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles - [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 | | --- | --- | --- | --- | --- | | Spacecraft (including satellites) and suborbital and spacecraft launch vehicles | 0% | 0% | 0% | 3%(If for personal use) | ## Frequently asked questions ### What products are classified under HSN 88026000 ? It includes Ground flying trainers and parts thereof : Other ### Do e‑way bill and e‑invoice apply for Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles? 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 Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles? 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. ### Any common misclassification issue with Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles? 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 Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles? Under HSN 88026000, Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 88026000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹48 Cr (+224.97% YoY) — 0.0013% of India's total exports - Imports: ₹420 Cr (−72.40% YoY) — 0.0069% of India's total imports - Trade balance: −₹372 Cr (Deficit); surplus rank #11714 of 12657 HSN codes - Share of Sub-Chapter 8802: 0.10% of its exports; import side 0.38% - Rank within Sub-Chapter 8802: #3 of 6 by export value; import-side #5 ### Key metrics - Export CAGR: 100.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3680 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +224.97% in FY 2024-25 - Contribution to Sub-Ch. 8802: 0.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 88026000 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 | < ₹1 Crore | 0.0000% | — | 0.14% | 527.56 | 0.0147% | — | 1.05% | −526.81 | #7867 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 189.58 | 0.0057% | −64.06% | 0.29% | −189.58 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.02% | 250.74 | 0.0086% | +32.26% | 0.62% | −250.55 | #8900 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 229.10 | 0.0050% | −8.63% | 0.66% | −229.10 | — | | FY 2022-23 | 218.55 | 0.0060% | — | 22.42% | 1,360.65 | 0.0237% | +493.91% | 1.56% | −1,142.10 | #1638 | | FY 2023-24 | 14.78 | 0.0004% | −93.24% | 0.10% | 1,523.12 | 0.0271% | +11.94% | 1.52% | −1,508.34 | #5182 | | FY 2024-25 | 48.03 | 0.0013% | +224.97% | 0.10% | 420.34 | 0.0069% | −72.40% | 0.38% | −372.31 | #3680 | - CAGR (7-year): exports 100.02%/yr, imports -3.72%/yr (consistently Deficit) ## Key trade insights: HSN Code 88026000 export-import analysis ### Consistent export growth: 100.02% CAGR over 7 years India's exports under HSN Code 88026000 have grown at a compound annual rate of 100.02% over 7 fiscal years, rising from ₹0.75 Crore in FY 2018-19 to ₹48.03 Crore in FY 2024-25. ### HSN Code 88026000 ranked #3680 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 88026000 ranks #3680 out of 12657 HSN codes by total export value. Within Sub-Chapter 8802, it ranks #3 of 6. By trade surplus, it ranks #11714 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 88026000 exports The strongest single-year export movement for HSN Code 88026000 was recorded in FY 2024-25, when exports surged by 224.97% over the prior year. ### India records a trade deficit of ₹372.31 Crore in HSN Code 88026000 goods In FY 2024-25, India's imports of ₹420.34 Cr exceeded exports of ₹48.03 Cr, resulting in a trade deficit of ₹372.31 Crore — ranking #11714 of 12657 by surplus magnitude. ### Import growth of -3.72% CAGR signals stable import dependency for Spacecraft & Launch Vehicles: Satellites & Suborbital Vehicles India's imports under HSN Code 88026000 have grown at -3.72% CAGR, reaching ₹420.34 Crore in FY 2024-25. ### HSN Code 88026000 contributes 0.10% of Sub-Chapter 8802 exports — ranked #3 Among the 6 HSN codes under Sub-Chapter 8802, HSN Code 88026000 ranks #3 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.38% share (rank #5). ## 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)](https://busy.in/hsn/hsn-88024000/) | ₹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 (this hsn code) | ₹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 |