8426 HSN Code: Ship’s Cranes

HSN Sub Chapter 8426 represents Ship’s Cranes under GST classification. This code helps businesses identify Ship’s Cranes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8426, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ship’s Cranes.

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New GST Rate for HSN Code 8426

GST Rate for Ship’s Cranes under HSN Code 8426. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

8426

HSN Description

Ship’s derricks; cranes including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8426

Following tariff HSN codes fall under Ship’s Cranes.

Tariff HSN

84261100

Description

Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Overhead travelling cranes on fixed support

Tariff HSN

84261200

Description

Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Mobile lifting frames on tyres and straddle carriers

Tariff HSN

84261900

Description

Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Other

Tariff HSN

84262000

Description

Tower cranes

Tariff HSN

84263000

Description

Portal or pedestal jib cranes

Tariff HSN

84264100

Description

Other machinery, self-propelled : On tyres

Tariff HSN

84264900

Description

Other machinery, self-propelled : Other

Tariff HSN

84269100

Description

Other machinery : Designed for mounting on road vehicles

Tariff HSN

84269910

Description

Other machinery : Other : Ropeway and telphers

Tariff HSN

84269990

Description

Other machinery : Other : Other

India’s Trade Performance — HSN Sub-Chapter 8426 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

₹910 Cr

+7.31% vs FY 2023-24

0.0246% of India’s total exports

India’s Imports

FY 2024-25

₹8,518 Cr

−2.98% vs FY 2023-24

0.1397% of India’s total imports

Trade Balance

FY 2024-25

−₹7,608 Cr

Trade Deficit

Surplus rank #1137 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.32%

Share of Chapter 84’s total exports in FY 2024-25

Import side: 1.57% of Chapter 84’s imports

Rank Within Chapter 84

FY 2024-25

#42 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #19 of 86

At a glance

2.74%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#404

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+27.79%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.32%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8426

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 #335

Balance

−2,117.09

Exports

773.98 ₹ Cr

0.0337% share

— YoY

0.53% of Ch. 84

Imports

2,891.07 ₹ Cr

0.0805% share

— YoY

0.94% of Ch. 84

FY 2019-20 Exp. Rank #327

Balance

−1,749.70

Exports

785.67 ₹ Cr

0.0356% share

+1.51% YoY

0.53% of Ch. 84

Imports

2,535.37 ₹ Cr

0.0756% share

−12.30% YoY

0.83% of Ch. 84

FY 2020-21 Exp. Rank #372

Balance

−1,495.12

Exports

677.60 ₹ Cr

0.0315% share

−13.76% YoY

0.48% of Ch. 84

Imports

2,172.72 ₹ Cr

0.0746% share

−14.30% YoY

0.79% of Ch. 84

FY 2021-22 Exp. Rank #433

Balance

−3,133.06

Exports

611.22 ₹ Cr

0.0195% share

−9.80% YoY

0.32% of Ch. 84

Imports

3,744.28 ₹ Cr

0.0819% share

+72.33% YoY

0.99% of Ch. 84

FY 2022-23 Exp. Rank #414

Balance

−5,503.99

Exports

781.07 ₹ Cr

0.0216% share

+27.79% YoY

0.35% of Ch. 84

Imports

6,285.06 ₹ Cr

0.1093% share

+67.86% YoY

1.44% of Ch. 84

FY 2023-24 Exp. Rank #401

Balance

−7,931.54

Exports

848.01 ₹ Cr

0.0234% share

+8.57% YoY

0.34% of Ch. 84

Imports

8,779.55 ₹ Cr

0.1563% share

+39.69% YoY

1.85% of Ch. 84

FY 2024-25 Exp. Rank #404

Balance

−7,608.12

Exports

910.00 ₹ Cr

0.0246% share

+7.31% YoY

0.32% of Ch. 84

Imports

8,518.12 ₹ Cr

0.1397% share

−2.98% YoY

1.57% of Ch. 84

CAGR · 7-Year

Exports

2.74% /yr

Imports

19.73% /yr

Consistently Deficit
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

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

Key Trade Insights: HSN Sub-Chapter 8426 Export-Import Analysis

Consistent Export Growth: 2.74% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8426 have grown at a compound annual rate of 2.74% over 7 fiscal years, rising from ₹773.98 Crore in FY 2018-19 to ₹910.00 Crore in FY 2024-25.

HSN Sub-Chapter 8426 Ranked #404 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8426 ranks #404 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #42 of 86. By trade surplus, it ranks #1137 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 8426 Exports

The strongest single-year export movement for HSN Sub-Chapter 8426 was recorded in FY 2022-23, when exports surged by 27.79% over the prior year.

India Records a Trade Deficit of ₹7,608.12 Crore in HSN Sub-Chapter 8426 Goods

In FY 2024-25, India's imports of ₹8,518.12 Cr exceeded exports of ₹910.00 Cr, resulting in a trade deficit of ₹7,608.12 Crore — ranking #1137 of 1233 by surplus magnitude.

Import Growth of 19.73% CAGR Signals Rising Demand for Ship’s Cranes

India's imports under HSN Sub-Chapter 8426 have grown at 19.73% CAGR, reaching ₹8,518.12 Crore in FY 2024-25.

HSN Sub-Chapter 8426 Contributes 0.32% of Chapter 84 Exports — Ranked #42

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8426 ranks #42 by export value — accounting for 0.32% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.57% share (rank #19).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8426 and GST compliance.

What products are classified under HSN 8426

It includes Ship’s Cranes

Any special steps when selling Ship’s Cranes through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

How do I bill a kit or combo that includes Ship’s Cranes?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

What should my invoice and records include for Ship’s Cranes?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

What misclassification mistakes happen with Ship’s Cranes?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Do spares or accessories of Ship’s Cranes follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part 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.

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