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HSN Code 89080000: Vessels: Breaking up

HSN Code 89080000 represents Vessels: Breaking up under GST classification. This code helps businesses identify Vessels: Breaking up correctly for billing, taxation, and trade. With HSN Code 89080000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vessels: Breaking up.

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Description of Goods for HSN Code 89080000

HSN Code 89080000 relates to the following description.

Description of Goods

Vessels and other floating structures for breaking up

Chapter

89 - Ships, boats and floating structures

Sub Chapter

8908 - Vessels and other floating structures for breaking up

CGST

9%

SGST

9%

IGST

18%

CESS

0%

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India’s Trade Performance — HSN Code 89080000 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

Nil

−100.00% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹4,903 Cr

+10.35% vs FY 2024-25

0.0715% of India’s total imports

Trade Balance

FY 2025-26

−₹4,903 Cr

Trade Deficit

Surplus rank #12687 of 12872 HSN codes

India Export-Import Trade Statistics for HSN Code 89080000

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8626

Balance

−5,274.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 8908

Imports

5,274.87 ₹ Cr

0.1472% share

— YoY

100.00% of Sub-Ch. 8908

FY 2019-20 Exp. Rank #7313

Balance

−4,609.17

Exports

1.35 ₹ Cr

0.0001% share

+400.00% YoY

100.00% of Sub-Ch. 8908

Imports

4,610.52 ₹ Cr

0.1377% share

−12.59% YoY

100.00% of Sub-Ch. 8908

FY 2020-21 Exp. Rank #1897

Balance

−4,241.46

Exports

119.26 ₹ Cr

0.0055% share

+8,734.07% YoY

100.00% of Sub-Ch. 8908

Imports

4,360.72 ₹ Cr

0.1497% share

−5.42% YoY

100.00% of Sub-Ch. 8908

FY 2021-22 Exp. Rank #6290

Balance

−6,156.64

Exports

5.24 ₹ Cr

0.0002% share

−95.61% YoY

100.00% of Sub-Ch. 8908

Imports

6,161.88 ₹ Cr

0.1348% share

+41.30% YoY

100.00% of Sub-Ch. 8908

FY 2022-23 Exp. Rank #10152

Balance

−5,639.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.62% YoY

100.00% of Sub-Ch. 8908

Imports

5,639.60 ₹ Cr

0.0981% share

−8.48% YoY

100.00% of Sub-Ch. 8908

FY 2023-24 Exp. Rank #4996

Balance

−4,268.89

Exports

16.92 ₹ Cr

0.0005% share

+84,500.00% YoY

100.00% of Sub-Ch. 8908

Imports

4,285.81 ₹ Cr

0.0763% share

−24.01% YoY

100.00% of Sub-Ch. 8908

FY 2024-25 Exp. Rank #10193

Balance

−4,443.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.82% YoY

100.00% of Sub-Ch. 8908

Imports

4,443.39 ₹ Cr

0.0731% share

+3.68% YoY

100.00% of Sub-Ch. 8908

FY 2025-26

Balance

−4,903.35

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

— of Sub-Ch. 8908

Imports

4,903.35 ₹ Cr

0.0715% share

+10.35% YoY

100.00% of Sub-Ch. 8908

CAGR · 8-Year

Exports

—

Imports

−1.04% /yr

Consistently Deficit
Sub-Chapter 8908 total

reference, FY 2025-26

Export

₹0.00 Cr

Import

₹4,903.35 Cr

Trade Balance

−4,903.35

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

Key Trade Insights: HSN Code 89080000 Export-Import Analysis

Export Snapshot for HSN Code 89080000

India exported ₹0.00 Crore worth of Vessels: Breaking up in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 89080000 Exports

The strongest single-year export movement for HSN Code 89080000 was recorded in FY 2023-24, when exports surged by 84,500.00% over the prior year.

India Records a Trade Deficit of ₹4,903.35 Crore in HSN Code 89080000 Goods

In FY 2025-26, India's imports of ₹4,903.35 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹4,903.35 Crore — ranking #12687 of 12872 by surplus magnitude.

Import Growth of −1.04% CAGR Signals Stable Import Dependency for Vessels: Breaking up

India's imports under HSN Code 89080000 have grown at −1.04% CAGR, reaching ₹4,903.35 Crore in FY 2025-26.

Frequently Asked Questions

Clear answers to common queries about HSN Code 89080000 and GST compliance.

What products are classified under HSN 89080000 ?

It includes Other | Optical Calcite Crystal

How should mixed supplies be billed when Vessels: Breaking up is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vessels: Breaking up; Nil for exempt items if applicable).

How much GST applies to Vessels: Breaking up?

Under HSN 89080000, Vessels: Breaking up attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Vessels: Breaking up?

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 Vessels: Breaking up?

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 Vessels: Breaking up?

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 Vessels: Breaking up?

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

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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.