HSN Code 89071000: Inflatable rafts
HSN Code 89071000 represents Inflatable rafts under GST classification. This code helps businesses identify Inflatable rafts correctly for billing, taxation, and trade. With HSN Code 89071000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Inflatable rafts.
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Description of Goods for HSN Code 89071000
HSN Code 89071000 relates to the following description.
What does HSN Code 89071000 not include?
Inflatable rafts does not include products with the following descriptions.
Other
Other
India’s Trade Performance — HSN Code 89071000 in FY 2024-25
India’s Exports
FY 2024-25₹42 Cr
0.0011% of India’s total exports
India’s Imports
FY 2024-25₹24 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25₹18 Cr
Surplus rank #2890 of 12657 HSN codes
% of Sub-Chapter 8907
FY 2024-2562.51%
Share of Sub-Chapter 8907’s total exports in FY 2024-25
Import side: 39.04% of Sub-Chapter 8907’s imports
Rank Within Sub-Chapter 8907
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 8907
Import-side rank: #2 of 2
At a glance
57.62%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3866
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+209.16%
Peak Growth Year
FY 2024-25 · strongest single-year move
62.51%
Contribution to Sub-Ch. 8907
Share of Sub-Chapter 8907 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 89071000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−25.06
Exports
2.73 ₹ Cr
0.0001% share
— YoY
6.98% of Sub-Ch. 8907
Imports
27.79 ₹ Cr
0.0008% share
— YoY
43.90% of Sub-Ch. 8907
Balance
−11.63
Exports
1.88 ₹ Cr
0.0001% share
−31.14% YoY
12.76% of Sub-Ch. 8907
Imports
13.51 ₹ Cr
0.0004% share
−51.39% YoY
30.57% of Sub-Ch. 8907
Balance
−4.48
Exports
4.12 ₹ Cr
0.0002% share
+119.15% YoY
18.52% of Sub-Ch. 8907
Imports
8.60 ₹ Cr
0.0003% share
−36.34% YoY
12.07% of Sub-Ch. 8907
Balance
+4.84
Exports
11.60 ₹ Cr
0.0004% share
+181.55% YoY
39.52% of Sub-Ch. 8907
Imports
6.76 ₹ Cr
0.0001% share
−21.40% YoY
4.00% of Sub-Ch. 8907
Balance
+10.15
Exports
20.26 ₹ Cr
0.0006% share
+74.66% YoY
39.84% of Sub-Ch. 8907
Imports
10.11 ₹ Cr
0.0002% share
+49.56% YoY
4.43% of Sub-Ch. 8907
Balance
−3.44
Exports
13.54 ₹ Cr
0.0004% share
−33.17% YoY
40.14% of Sub-Ch. 8907
Imports
16.98 ₹ Cr
0.0003% share
+67.95% YoY
30.01% of Sub-Ch. 8907
Balance
+18.26
Exports
41.86 ₹ Cr
0.0011% share
+209.16% YoY
62.51% of Sub-Ch. 8907
Imports
23.60 ₹ Cr
0.0004% share
+38.99% YoY
39.04% of Sub-Ch. 8907
CAGR · 7-Year
Exports
57.62% /yr
Imports
−2.69% /yr
Key Trade Insights: HSN Code 89071000 Export-Import Analysis
Consistent Export Growth: 57.62% CAGR Over 7 Years
India's exports under HSN Code 89071000 have grown at a compound annual rate of 57.62% over 7 fiscal years, rising from ₹2.73 Crore in FY 2018-19 to ₹41.86 Crore in FY 2024-25.
HSN Code 89071000 Ranked #3866 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 89071000 ranks #3866 out of 12657 HSN codes by total export value. Within Sub-Chapter 8907, it ranks #1 of 2. By trade surplus, it ranks #2890 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 89071000 Exports
The strongest single-year export movement for HSN Code 89071000 was recorded in FY 2024-25, when exports surged by 209.16% over the prior year.
India Maintains a Trade Surplus of ₹18.26 Crore in HSN Code 89071000 Goods
In FY 2024-25, India's exports of ₹41.86 Cr exceeded imports of ₹23.60 Cr, resulting in a trade surplus of ₹18.26 Crore — ranking #2890 of 12657 by surplus magnitude.
Import Growth of −2.69% CAGR Signals Stable Import Dependency for Inflatable rafts
India's imports under HSN Code 89071000 have grown at −2.69% CAGR, reaching ₹23.60 Crore in FY 2024-25.
HSN Code 89071000 Contributes 62.51% of Sub-Chapter 8907 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 8907, HSN Code 89071000 ranks #1 by export value — accounting for 62.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 39.04% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 89071000 and GST compliance.
What products are classified under HSN 89071000 ?
It includes Spectacle Lenses Of Glass | Other
Any common misclassification issue with Inflatable rafts?
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 Inflatable rafts is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Inflatable rafts; Nil for exempt items if applicable).
How much GST applies to Inflatable rafts?
Under HSN 89071000, Inflatable rafts attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Inflatable rafts?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Inflatable rafts?
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.
Does packaging or labelling change the GST for Inflatable rafts?
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.