---
title: "HSN Code for Cruise ships – Boats | HSN 89011030 GST Rate"
description: "Find HSN and GST Rates for 89011030 related to Cruise ships – Boats with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-89011030/"
---

# HSN Code 89011030: Cruise ships – Boats

- [Section 17: Guide to HSN Section 17](https://busy.in/hsn/section-17/)
- [Chapter 89: Floating Structures, Ships, Boats](https://busy.in/hsn/chapter-89/)
- [Sub-chapter 8901: Cruise & Cargo Ships](https://busy.in/hsn/sub-chapter-8901/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Boats | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 89011030 ?

It includes Fishing Vessels & Factory Ships

### How much GST applies to Cruise ships – Boats?

Under HSN 89011030, Cruise ships – Boats attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Cruise ships – Boats?

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 Cruise ships – Boats?

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 Cruise ships – Boats is sold with other items?

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

### Do e‑way bill and e‑invoice apply for Cruise ships – Boats?

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.

## India's trade performance: HSN Code 89011030 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (+29.35% YoY) — 0.0000% of India's total exports
- Imports: ₹29 Cr (+720.90% YoY) — 0.0005% of India's total imports
- Trade balance: −₹28 Cr (Deficit); surplus rank #9793 of 12657 HSN codes
- Share of Sub-Chapter 8901: 0.01% of its exports; import side 0.23%
- Rank within Sub-Chapter 8901: #7 of 8 by export value; import-side #6

### Key metrics

- Export CAGR: -15.76% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8095 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +83,550.00% in FY 2020-21
- Contribution to Sub-Ch. 8901: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 89011030

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. 8901 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8901 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 3.33 | 0.0001% | — | 0.07% | 18.51 | 0.0005% | — | 0.40% | −15.18 | #6348 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −97.60% | 0.00% | 3.99 | 0.0001% | −78.44% | 0.10% | −3.91 | #9279 |
| FY 2020-21 | 66.92 | 0.0031% | +83,550.00% | 1.34% | 2.17 | 0.0001% | −45.61% | 0.07% | +64.75 | #2540 |
| FY 2021-22 | 1.64 | 0.0001% | −97.55% | 0.05% | 1.90 | 0.0000% | −12.44% | 0.03% | −0.26 | #7532 |
| FY 2022-23 | 3.78 | 0.0001% | +130.49% | 0.05% | 3.26 | 0.0001% | +71.58% | 0.08% | +0.52 | #6741 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −75.66% | 0.01% | 3.54 | 0.0001% | +8.59% | 0.04% | −2.62 | #8312 |
| FY 2024-25 | 1.19 | 0.0000% | +29.35% | 0.01% | 29.06 | 0.0005% | +720.90% | 0.23% | −27.87 | #8095 |

- CAGR (7-year): exports -15.76%/yr, imports 7.81%/yr (consistently Deficit)

## Key trade insights: HSN Code 89011030 export-import analysis

### Export decline: -15.76% CAGR over 7 years

India's exports under HSN Code 89011030 have declined at a compound annual rate of -15.76% over 7 fiscal years, falling from ₹3.33 Crore in FY 2018-19 to ₹1.19 Crore in FY 2024-25.

### HSN Code 89011030 ranked #8095 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 89011030 ranks #8095 out of 12657 HSN codes by total export value. Within Sub-Chapter 8901, it ranks #7 of 8. By trade surplus, it ranks #9793 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 89011030 exports

The strongest single-year export movement for HSN Code 89011030 was recorded in FY 2020-21, when exports surged by 83,550.00% over the prior year.

### India records a trade deficit of ₹27.87 Crore in HSN Code 89011030 goods

In FY 2024-25, India's imports of ₹29.06 Cr exceeded exports of ₹1.19 Cr, resulting in a trade deficit of ₹27.87 Crore — ranking #9793 of 12657 by surplus magnitude.

### Import growth of 7.81% CAGR signals stable import dependency for Cruise ships – Boats

India's imports under HSN Code 89011030 have grown at 7.81% CAGR, reaching ₹29.06 Crore in FY 2024-25.

### HSN Code 89011030 contributes 0.01% of Sub-Chapter 8901 exports — ranked #7

Among the 8 HSN codes under Sub-Chapter 8901, HSN Code 89011030 ranks #7 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #6).

## Related HSN Codes in Sub-Chapter 8901

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 89012000: Tankers](https://busy.in/hsn/hsn-89012000/) | ₹18,643 Cr |
| #2 | [HSN Code 89019000: Cruise Ships, Ferry Boats, Cargo Ships](https://busy.in/hsn/hsn-89019000/) | ₹1,281 Cr |
| #3 | [HSN Code 89011040: Cruise ships – Barges](https://busy.in/hsn/hsn-89011040/) | ₹986 Cr |
| #4 | [HSN Code 89011010: Cruise ships – Ships](https://busy.in/hsn/hsn-89011010/) | ₹445 Cr |
| #5 | [HSN Code 89011090: Other Passenger Vessel](https://busy.in/hsn/hsn-89011090/) | ₹23 Cr |
| #6 | [HSN Code 89013000: Refrigerated vessels](https://busy.in/hsn/hsn-89013000/) | ₹1 Cr |
| #7 | HSN Code 89011030: Cruise ships – Boats (this hsn code) | ₹1 Cr |
| — | [HSN Code 89011020: Cruise ships – Launches](https://busy.in/hsn/hsn-89011020/) | Nil |