HSN Code 89020010 represents Trawlers & Fishing Vessels under GST classification. This code helps businesses identify Trawlers & Fishing Vessels correctly for billing, taxation, and trade. With HSN Code 89020010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Trawlers & Fishing Vessels.
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HSN Code 89020010 relates to the following description.
Description of Goods
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Trawlers and other fishing vessels
Chapter
89 - Ships, boats and floating structures
Sub Chapter
8902 - Fishing vessels; factory ships and other vessels for processing or preserving fishery products
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Trawlers & Fishing Vessels does not include products with the following descriptions.
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4213 of 12657 HSN codes
% of Sub-Chapter 8902
FY 2024-2532.85%
Share of Sub-Chapter 8902’s total exports in FY 2024-25
Rank Within Sub-Chapter 8902
FY 2024-25#2 of 2
Position by export value among HSN codes in Sub-Chapter 8902
At a glance
#7577
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
−44.29%
Peak Growth Year
FY 2024-25 · strongest single-year move
32.85%
Contribution to Sub-Ch. 8902
Share of Sub-Chapter 8902 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
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Balance
+2.32
Exports
2.32 ₹ Cr
0.0001% share
— YoY
98.72% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8902
Balance
−0.43
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
78.18% of Sub-Ch. 8902
Balance
+3.68
Exports
3.68 ₹ Cr
0.0001% share
— YoY
21.62% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 8902
Balance
+2.05
Exports
2.05 ₹ Cr
0.0001% share
−44.29% YoY
32.85% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 8902
India exported ₹2.05 Crore worth of Trawlers & Fishing Vessels in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 89020010 ranks #7577 out of 12657 HSN codes by total export value. Within Sub-Chapter 8902, it ranks #2 of 2. By trade surplus, it ranks #4213 of 12657.
The strongest single-year export movement for HSN Code 89020010 was recorded in FY 2024-25, when exports declined by 44.29% over the prior year.
In FY 2024-25, India's exports of ₹2.05 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹2.05 Crore — ranking #4213 of 12657 by surplus magnitude.
Among the 2 HSN codes under Sub-Chapter 8902, HSN Code 89020010 ranks #2 by export value — accounting for 32.85% of the sub-chapter's total exports in FY 2024-25.
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 89020010 and GST compliance.
It includes Sailboats (>24m, Non-Inflatable)
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Trawlers & Fishing Vessels; 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.