HSN Code 89059010: Other | Floating Docks

HSN Code 89059010 represents Other | Floating Docks under GST classification. This code helps businesses identify Other | Floating Docks correctly for billing, taxation, and trade. With HSN Code 89059010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Floating Docks.

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Description of Goods for HSN Code 89059010

HSN Code 89059010 relates to the following description.

Description of Goods

Other : Floating docks

Chapter

89 - Ships, boats and floating structures

Sub Chapter

8905 - Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 89059010 not include?

Other | Floating Docks does not include products with the following descriptions.

India’s Trade Performance — HSN Code 89059010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−58.62% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7512 of 12657 HSN codes

% of Sub-Chapter 8905

FY 2024-25

0.00%

Share of Sub-Chapter 8905’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 8905’s imports

At a glance

+50,730.43%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Sub-Ch. 8905

Share of Sub-Chapter 8905 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 89059010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9428

Balance

−1.76

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8905

Imports

1.82 ₹ Cr

0.0001% share

— YoY

0.01% of Sub-Ch. 8905

FY 2019-20 Exp. Rank #8256

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+666.67% YoY

0.00% of Sub-Ch. 8905

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−85.71% YoY

0.00% of Sub-Ch. 8905

FY 2020-21 Exp. Rank #9622

Balance

−0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−91.30% YoY

0.00% of Sub-Ch. 8905

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−11.54% YoY

0.00% of Sub-Ch. 8905

FY 2021-22 Exp. Rank #9112

Balance

+0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+475.00% YoY

0.00% of Sub-Ch. 8905

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−82.61% YoY

0.00% of Sub-Ch. 8905

FY 2022-23 Exp. Rank #2333

Balance

+116.91

Exports

116.91 ₹ Cr

0.0032% share

+50,730.43% YoY

0.68% of Sub-Ch. 8905

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8905

FY 2023-24 Exp. Rank #10146

Balance

−0.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.97% YoY

0.00% of Sub-Ch. 8905

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8905

FY 2024-25

Balance

−0.24

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8905

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−58.62% YoY

0.00% of Sub-Ch. 8905

CAGR · 7-Year

Exports

—

Imports

−28.66% /yr

Consistently Deficit
Sub-Chapter 8905 total

reference, FY 2024-25

Export

₹8,509.05 Cr

Import

₹13,678.10 Cr

Trade Balance

−5,169.05

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 89059010 Export-Import Analysis

Export Snapshot for HSN Code 89059010

India exported ₹0.00 Crore worth of Other | Floating Docks in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 89059010 Exports

The strongest single-year export movement for HSN Code 89059010 was recorded in FY 2022-23, when exports surged by 50,730.43% over the prior year.

India Records a Trade Deficit of ₹0.24 Crore in HSN Code 89059010 Goods

In FY 2024-25, India's imports of ₹0.24 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.24 Crore — ranking #7512 of 12657 by surplus magnitude.

Import Growth of −28.66% CAGR Signals Stable Import Dependency for Other | Floating Docks

India's imports under HSN Code 89059010 have grown at −28.66% CAGR, reaching ₹0.24 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 89059010 and GST compliance.

What products are classified under HSN 89059010 ?

It includes Optical fibres, optical fibres bundles and cables

Do e‑way bill and e‑invoice apply for Other / Floating Docks?

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.

Can we claim ITC on inputs used to trade Other / Floating Docks?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Other / Floating Docks?

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.

Any common misclassification issue with Other / Floating Docks?

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

How should mixed supplies be billed when Other / Floating Docks is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Floating Docks; Nil for exempt items if applicable).

How much GST applies to Other / Floating Docks?

Under HSN 89059010, Other / Floating Docks attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.