HSN Code 89011040 represents Cruise ships – Barges under GST classification. This code helps businesses identify Cruise ships – Barges correctly for billing, taxation, and trade. With HSN Code 89011040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cruise ships – Barges.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 89011040 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 : Barges
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 : Barges
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 – Barges 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 : Boats
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 : Boats
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₹986 Cr
0.0268% of India’s total exports
India’s Imports
FY 2024-25₹91 Cr
0.0015% of India’s total imports
Trade Balance
FY 2024-25₹895 Cr
Surplus rank #388 of 12657 HSN codes
% of Sub-Chapter 8901
FY 2024-254.61%
Share of Sub-Chapter 8901’s total exports in FY 2024-25
Import side: 0.72% of Sub-Chapter 8901’s imports
Rank Within Sub-Chapter 8901
FY 2024-25#3 of 8
Position by export value among HSN codes in Sub-Chapter 8901
Import-side rank: #5 of 8
At a glance
−0.83%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#536
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+977.29%
Peak Growth Year
FY 2021-22 · strongest single-year move
4.61%
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
+449.30
Exports
1,036.21 ₹ Cr
0.0453% share
— YoY
20.49% of Sub-Ch. 8901
Imports
586.91 ₹ Cr
0.0164% share
— YoY
12.55% of Sub-Ch. 8901
Balance
+1,768.55
Exports
1,921.55 ₹ Cr
0.0873% share
+85.44% YoY
20.35% of Sub-Ch. 8901
Imports
153.00 ₹ Cr
0.0046% share
−73.93% YoY
3.91% of Sub-Ch. 8901
Balance
−357.64
Exports
85.59 ₹ Cr
0.0040% share
−95.55% YoY
1.71% of Sub-Ch. 8901
Imports
443.23 ₹ Cr
0.0152% share
+189.69% YoY
14.72% of Sub-Ch. 8901
Balance
+905.12
Exports
922.05 ₹ Cr
0.0294% share
+977.29% YoY
29.45% of Sub-Ch. 8901
Imports
16.93 ₹ Cr
0.0004% share
−96.18% YoY
0.30% of Sub-Ch. 8901
Balance
+128.67
Exports
470.31 ₹ Cr
0.0130% share
−48.99% YoY
5.87% of Sub-Ch. 8901
Imports
341.64 ₹ Cr
0.0059% share
+1,917.96% YoY
7.97% of Sub-Ch. 8901
Balance
−257.16
Exports
458.42 ₹ Cr
0.0127% share
−2.53% YoY
3.68% of Sub-Ch. 8901
Imports
715.58 ₹ Cr
0.0127% share
+109.45% YoY
7.28% of Sub-Ch. 8901
Balance
+894.58
Exports
985.57 ₹ Cr
0.0268% share
+114.99% YoY
4.61% of Sub-Ch. 8901
Imports
90.99 ₹ Cr
0.0015% share
−87.28% YoY
0.72% of Sub-Ch. 8901
CAGR · 7-Year
Exports
−0.83% /yr
Imports
−26.71% /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 89011040 have declined at a compound annual rate of −0.83% over 7 fiscal years, falling from ₹1,036.21 Crore in FY 2018-19 to ₹985.57 Crore in FY 2024-25.
In FY 2024-25, HSN Code 89011040 ranks #536 out of 12657 HSN codes by total export value. Within Sub-Chapter 8901, it ranks #3 of 8. By trade surplus, it ranks #388 of 12657.
The strongest single-year export movement for HSN Code 89011040 was recorded in FY 2021-22, when exports surged by 977.29% over the prior year.
In FY 2024-25, India's exports of ₹985.57 Cr exceeded imports of ₹90.99 Cr, resulting in a trade surplus of ₹894.58 Crore — ranking #388 of 12657 by surplus magnitude.
India's imports under HSN Code 89011040 have grown at −26.71% CAGR, reaching ₹90.99 Crore in FY 2024-25.
Among the 8 HSN codes under Sub-Chapter 8901, HSN Code 89011040 ranks #3 by export value — accounting for 4.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.72% share (rank #5).
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 89011040 and GST compliance.
It includes Inflatable Boats (<=100kg, No Motor)
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cruise ships – Barges; Nil for exempt items if applicable).
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.
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.
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.