HSN Code 89011030 represents Cruise ships – Boats under GST classification. This code helps businesses identify Cruise ships – Boats correctly for billing, taxation, and trade. With HSN Code 89011030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cruise ships – Boats.
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HSN Code 89011030 relates to the following description.
Ships, boats and floating structures
Cruise ships, excursion boats , ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
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%
Description of Goods
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Boats
Chapter
89 - Ships, boats and floating structures
Sub Chapter
8901 - Cruise ships, excursion boats , ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Cruise ships – Boats does not include products with the following descriptions.
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Ships
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Launches
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Barges
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Other
Tankers
Refrigerated vessels, other than those of Sub-heading 8901 20
Other vessels for transport of the goods and other vessels for the transport of both persons and goods
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Ships
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Launches
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Barges
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Other
Tankers
Refrigerated vessels, other than those of Sub-heading 8901 20
Other vessels for transport of the goods and other vessels for the transport of both persons and goods
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹29 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25−₹28 Cr
Surplus rank #9793 of 12657 HSN codes
% of Sub-Chapter 8901
FY 2024-250.01%
Share of Sub-Chapter 8901’s total exports in FY 2024-25
Import side: 0.23% of Sub-Chapter 8901’s imports
Rank Within Sub-Chapter 8901
FY 2024-25#7 of 8
Position by export value among HSN codes in Sub-Chapter 8901
Import-side rank: #6 of 8
At a glance
−15.76%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8095
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+83,550.00%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.01%
Contribution to Sub-Ch. 8901
Share of Sub-Chapter 8901 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−15.18
Exports
3.33 ₹ Cr
0.0001% share
— YoY
0.07% of Sub-Ch. 8901
Imports
18.51 ₹ Cr
0.0005% share
— YoY
0.40% of Sub-Ch. 8901
Balance
−3.91
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−97.60% YoY
0.00% of Sub-Ch. 8901
Imports
3.99 ₹ Cr
0.0001% share
−78.44% YoY
0.10% of Sub-Ch. 8901
Balance
+64.75
Exports
66.92 ₹ Cr
0.0031% share
+83,550.00% YoY
1.34% of Sub-Ch. 8901
Imports
2.17 ₹ Cr
0.0001% share
−45.61% YoY
0.07% of Sub-Ch. 8901
Balance
−0.26
Exports
1.64 ₹ Cr
0.0001% share
−97.55% YoY
0.05% of Sub-Ch. 8901
Imports
1.90 ₹ Cr
0.0000% share
−12.44% YoY
0.03% of Sub-Ch. 8901
Balance
+0.52
Exports
3.78 ₹ Cr
0.0001% share
+130.49% YoY
0.05% of Sub-Ch. 8901
Imports
3.26 ₹ Cr
0.0001% share
+71.58% YoY
0.08% of Sub-Ch. 8901
Balance
−2.62
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−75.66% YoY
0.01% of Sub-Ch. 8901
Imports
3.54 ₹ Cr
0.0001% share
+8.59% YoY
0.04% of Sub-Ch. 8901
Balance
−27.87
Exports
1.19 ₹ Cr
0.0000% share
+29.35% YoY
0.01% of Sub-Ch. 8901
Imports
29.06 ₹ Cr
0.0005% share
+720.90% YoY
0.23% of Sub-Ch. 8901
CAGR · 7-Year
Exports
−15.76% /yr
Imports
7.81% /yr
reference, FY 2024-25
Export
₹21,380.27 Cr
Import
₹12,667.72 Cr
Trade Balance
+8,712.55
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.
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.
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.
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.
India's imports under HSN Code 89011030 have grown at 7.81% CAGR, reaching ₹29.06 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 89011030 and GST compliance.
It includes Fishing Vessels & Factory Ships
Under HSN 89011030, Cruise ships – Boats attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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).
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.