HSN Code 89059090 represents Other Special-Purpose Vessels and Floating Structures under GST classification. This code helps businesses identify Other Special-Purpose Vessels and Floating Structures correctly for billing, taxation, and trade. With HSN Code 89059090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Special-Purpose Vessels and Floating Structures.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 89059090 relates to the following description.
Description of Goods
Other : Other
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%
Other Special-Purpose Vessels and Floating Structures does not include products with the following descriptions.
Dredgers
Floating or submersible drilling or production platforms
Other : Floating docks
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹6,162 Cr
0.1580% of India’s total exports
India’s Imports
FY 2025-26₹6,076 Cr
0.0886% of India’s total imports
Trade Balance
FY 2025-26₹86 Cr
Surplus rank #1811 of 12872 HSN codes
% of Sub-Chapter 8905
FY 2025-2653.56%
Share of Sub-Chapter 8905’s total exports in FY 2025-26
Import side: 42.29% of Sub-Chapter 8905’s imports
Rank Within Sub-Chapter 8905
FY 2025-26#1 of 4
Position by export value among HSN codes in Sub-Chapter 8905
Import-side rank: #2 of 4
At a glance
−11.73%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#83
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+71.45%
Peak Growth Year
FY 2020-21 · strongest single-year move
53.56%
Contribution to Sub-Ch. 8905
Share of Sub-Chapter 8905 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1,929.16
Exports
14,755.97 ₹ Cr
0.6458% share
— YoY
54.98% of Sub-Ch. 8905
Imports
16,685.13 ₹ Cr
0.4655% share
— YoY
64.72% of Sub-Ch. 8905
Balance
−8,167.46
Exports
11,199.90 ₹ Cr
0.5088% share
−24.10% YoY
58.95% of Sub-Ch. 8905
Imports
19,367.36 ₹ Cr
0.5785% share
+16.08% YoY
81.16% of Sub-Ch. 8905
Balance
−30.03
Exports
19,202.27 ₹ Cr
0.8928% share
+71.45% YoY
78.86% of Sub-Ch. 8905
Imports
19,232.30 ₹ Cr
0.6600% share
−0.70% YoY
92.86% of Sub-Ch. 8905
Balance
+5,042.62
Exports
15,684.96 ₹ Cr
0.4998% share
−18.32% YoY
77.35% of Sub-Ch. 8905
Imports
10,642.34 ₹ Cr
0.2328% share
−44.66% YoY
61.11% of Sub-Ch. 8905
Balance
−18,476.33
Exports
12,486.10 ₹ Cr
0.3449% share
−20.39% YoY
72.66% of Sub-Ch. 8905
Imports
30,962.43 ₹ Cr
0.5385% share
+190.94% YoY
90.36% of Sub-Ch. 8905
Balance
+171.37
Exports
8,472.61 ₹ Cr
0.2342% share
−32.14% YoY
64.41% of Sub-Ch. 8905
Imports
8,301.24 ₹ Cr
0.1478% share
−73.19% YoY
69.06% of Sub-Ch. 8905
Balance
−339.77
Exports
6,577.63 ₹ Cr
0.1787% share
−22.37% YoY
77.30% of Sub-Ch. 8905
Imports
6,917.40 ₹ Cr
0.1139% share
−16.67% YoY
50.57% of Sub-Ch. 8905
Balance
+86.27
Exports
6,162.38 ₹ Cr
0.1580% share
−6.31% YoY
53.56% of Sub-Ch. 8905
Imports
6,076.11 ₹ Cr
0.0886% share
−12.16% YoY
42.29% of Sub-Ch. 8905
CAGR · 8-Year
Exports
−11.73% /yr
Imports
−13.44% /yr
reference, FY 2025-26
Export
₹11,506.62 Cr
Import
₹14,367.99 Cr
Trade Balance
−2,861.37
India's exports under HSN Code 89059090 have declined at a compound annual rate of −11.73% over 8 fiscal years, falling from ₹14,755.97 Crore in FY 2018-19 to ₹6,162.38 Crore in FY 2025-26.
In FY 2025-26, HSN Code 89059090 ranks #83 out of 12872 HSN codes by total export value. Within Sub-Chapter 8905, it ranks #1 of 4. By trade surplus, it ranks #1811 of 12872.
The strongest single-year export movement for HSN Code 89059090 was recorded in FY 2020-21, when exports surged by 71.45% over the prior year.
In FY 2025-26, India's exports of ₹6,162.38 Cr exceeded imports of ₹6,076.11 Cr, resulting in a trade surplus of ₹86.27 Crore — ranking #1811 of 12872 by surplus magnitude.
India's imports under HSN Code 89059090 have grown at −13.44% CAGR, reaching ₹6,076.11 Crore in FY 2025-26.
Among the 4 HSN codes under Sub-Chapter 8905, HSN Code 89059090 ranks #1 by export value — accounting for 53.56% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 42.29% share (rank #2).
Clear answers to common queries about HSN Code 89059090 and GST compliance.
It includes Sheets and plates of polarising material
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Light-Vessels, Floating Cranes, Drilling Platforms / Other; 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.
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.
Under HSN 89059090, Light-Vessels, Floating Cranes, Drilling Platforms / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.