---
title: "HSN Code for Fishing Vessels & Factory Ships | HSN 89020090 GST Rate"
description: "Find HSN and GST Rates for 89020090 related to Fishing Vessels & Factory Ships with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-89020090/"
---

# HSN Code 89020090: Fishing Vessels & Factory Ships

- [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 8902: Fishing Vessels](https://busy.in/hsn/sub-chapter-8902/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 89020090 ?

It includes Yachts & Vessels for Pleasure or Sports (≤7.5m)

### How should mixed supplies be billed when Fishing Vessels & Factory Ships is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Fishing Vessels & Factory Ships; Nil for exempt items if applicable).

### Any common misclassification issue with Fishing Vessels & Factory Ships?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Fishing Vessels & Factory Ships?

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 much GST applies to Fishing Vessels & Factory Ships?

Under HSN 89020090, Fishing Vessels & Factory Ships attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Fishing Vessels & Factory Ships?

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.

## India's trade performance: HSN Code 89020090 (FY 2024-25)

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

- Exports: ₹4 Cr (−68.52% YoY) — 0.0001% of India's total exports
- Imports: Nil — 0.0000% of India's total imports
- Trade balance: ₹4 Cr (Surplus); surplus rank #3822 of 12657 HSN codes
- Share of Sub-Chapter 8902: 67.31% of its exports
- Rank within Sub-Chapter 8902: #1 of 2 by export value

### Key metrics

- Export CAGR: 173.66% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6832 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +22,133.33% in FY 2023-24
- Contribution to Sub-Ch. 8902: 67.31% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 89020090

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. 8902 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8902 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 100.00% | < ₹1 Crore | 0.0000% | — | 100.00% | −0.04 | #9921 |
| FY 2019-20 | Nil | 0.0000% | −100.00% | — | < ₹1 Crore | 0.0000% | +640.00% | 100.00% | −0.37 | — |
| FY 2020-21 | < ₹1 Crore | 0.0000% | — | 100.00% | < ₹1 Crore | 0.0000% | −91.89% | 100.00% | −0.01 | #9824 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +50.00% | 1.28% | < ₹1 Crore | 0.0000% | +233.33% | 100.00% | −0.07 | #9964 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 100.00% | < ₹1 Crore | 0.0000% | +30.00% | 23.64% | −0.07 | #9835 |
| FY 2023-24 | 13.34 | 0.0004% | +22,133.33% | 78.38% | Nil | 0.0000% | −100.00% | — | +13.34 | #5332 |
| FY 2024-25 | 4.20 | 0.0001% | −68.52% | 67.31% | Nil | 0.0000% | — | — | +4.20 | #6832 |

- CAGR (7-year): exports 173.66%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 89020090 export-import analysis

### Consistent export growth: 173.66% CAGR over 7 years

India's exports under HSN Code 89020090 have grown at a compound annual rate of 173.66% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹4.20 Crore in FY 2024-25.

### HSN Code 89020090 ranked #6832 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 89020090 ranks #6832 out of 12657 HSN codes by total export value. Within Sub-Chapter 8902, it ranks #1 of 2. By trade surplus, it ranks #3822 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 89020090 exports

The strongest single-year export movement for HSN Code 89020090 was recorded in FY 2023-24, when exports surged by 22,133.33% over the prior year.

### India maintains a trade surplus of ₹4.20 Crore in HSN Code 89020090 goods

In FY 2024-25, India's exports of ₹4.20 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹4.20 Crore — ranking #3822 of 12657 by surplus magnitude.

### HSN Code 89020090 contributes 67.31% of Sub-Chapter 8902 exports — ranked #1

Among the 2 HSN codes under Sub-Chapter 8902, HSN Code 89020090 ranks #1 by export value — accounting for 67.31% of the sub-chapter's total exports in FY 2024-25.

## Related HSN Codes in Sub-Chapter 8902

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 89020090: Fishing Vessels & Factory Ships (this hsn code) | ₹4 Cr |
| #2 | [HSN Code 89020010: Trawlers & Fishing Vessels](https://busy.in/hsn/hsn-89020010/) | ₹2 Cr |