HSN Code 89020090 represents Fishing Vessels & Factory Ships under GST classification. This code helps businesses identify Fishing Vessels & Factory Ships correctly for billing, taxation, and trade. With HSN Code 89020090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Fishing Vessels & Factory Ships.
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HSN Code 89020090 relates to the following description.
Description of Goods
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other
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%
Fishing Vessels & Factory Ships does not include products with the following descriptions.
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Trawlers and other fishing vessels
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Trawlers and other fishing vessels
India’s Exports
FY 2024-25₹4 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₹4 Cr
Surplus rank #3822 of 12657 HSN codes
% of Sub-Chapter 8902
FY 2024-2567.31%
Share of Sub-Chapter 8902’s total exports in FY 2024-25
Rank Within Sub-Chapter 8902
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 8902
At a glance
173.66%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6832
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+22,133.33%
Peak Growth Year
FY 2023-24 · strongest single-year move
67.31%
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
−0.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 8902
Balance
−0.37
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+640.00% YoY
100.00% of Sub-Ch. 8902
Balance
−0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−91.89% YoY
100.00% of Sub-Ch. 8902
Balance
−0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+50.00% YoY
1.28% of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+233.33% YoY
100.00% of Sub-Ch. 8902
Balance
−0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
100.00% of Sub-Ch. 8902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+30.00% YoY
23.64% of Sub-Ch. 8902
Balance
+13.34
Exports
13.34 ₹ Cr
0.0004% share
+22,133.33% YoY
78.38% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 8902
Balance
+4.20
Exports
4.20 ₹ Cr
0.0001% share
−68.52% YoY
67.31% of Sub-Ch. 8902
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 8902
CAGR · 7-Year
Exports
173.66% /yr
Imports
—
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.
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.
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.
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.
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.
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 89020090 and GST compliance.
It includes Yachts & Vessels for Pleasure or Sports (≤7.5m)
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 89020090, Fishing Vessels & Factory Ships attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.