8601 HSN Code: Electric rail locomotives

HSN Sub Chapter 8601 represents Electric rail locomotives under GST classification. This code helps businesses identify Electric rail locomotives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8601, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Electric rail locomotives.

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New GST Rate for HSN Code 8601

GST Rate for Electric rail locomotives under HSN Code 8601. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

86

HSN Code

8601

HSN Description

Rail locomotives powered from an external source of electricity or by electric accumulators

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8601

Following tariff HSN codes fall under Electric rail locomotives.

Tariff HSN

86011000

Description

Powered from an external source of electricity

Tariff HSN

86012000

Description

Powered by electric accumulators

India’s Trade Performance — HSN Sub-Chapter 8601 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

₹22 Cr

−41.03% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹22 Cr

Trade Deficit

Surplus rank #623 of 1233 subchapters

% of Chapter 86

FY 2024-25

0.00%

Share of Chapter 86’s total exports in FY 2024-25

Import side: 0.34% of Chapter 86’s imports

At a glance

+2,300.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Ch. 86

Share of Chapter 86 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8601

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 #1169

Balance

−9.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Ch. 86

Imports

9.94 ₹ Cr

0.0003% share

— YoY

0.20% of Ch. 86

FY 2019-20

Balance

−11.80

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 86

Imports

11.80 ₹ Cr

0.0004% share

+18.71% YoY

0.34% of Ch. 86

FY 2020-21

Balance

−25.63

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 86

Imports

25.63 ₹ Cr

0.0009% share

+117.20% YoY

0.67% of Ch. 86

FY 2021-22 Exp. Rank #1200

Balance

−4.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 86

Imports

4.97 ₹ Cr

0.0001% share

−80.61% YoY

0.13% of Ch. 86

FY 2022-23 Exp. Rank #1167

Balance

−33.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,300.00% YoY

0.01% of Ch. 86

Imports

34.12 ₹ Cr

0.0006% share

+586.52% YoY

0.65% of Ch. 86

FY 2023-24 Exp. Rank #1194

Balance

−36.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.83% YoY

0.00% of Ch. 86

Imports

36.53 ₹ Cr

0.0007% share

+7.06% YoY

0.57% of Ch. 86

FY 2024-25

Balance

−21.54

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 86

Imports

21.54 ₹ Cr

0.0004% share

−41.03% YoY

0.34% of Ch. 86

CAGR · 7-Year

Exports

—

Imports

13.76% /yr

Consistently Deficit
Chapter 86 total

reference, FY 2024-25

Export

₹3,019.47 Cr

Import

₹6,328.23 Cr

Trade Balance

−3,308.76

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

Key Trade Insights: HSN Sub-Chapter 8601 Export-Import Analysis

Export Snapshot for HSN Sub-Chapter 8601

India exported ₹0.00 Crore worth of Electric rail locomotives in FY 2024-25. Multi-year trend data is being compiled for this hsn sub-chapter.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 8601 Exports

The strongest single-year export movement for HSN Sub-Chapter 8601 was recorded in FY 2022-23, when exports surged by 2,300.00% over the prior year.

India Records a Trade Deficit of ₹21.54 Crore in HSN Sub-Chapter 8601 Goods

In FY 2024-25, India's imports of ₹21.54 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹21.54 Crore — ranking #623 of 1233 by surplus magnitude.

Import Growth of 13.76% CAGR Signals Rising Demand for Electric rail locomotives

India's imports under HSN Sub-Chapter 8601 have grown at 13.76% CAGR, reaching ₹21.54 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8601 and GST compliance.

What products are classified under HSN 8601

It includes Electric rail locomotives

Can reverse charge ever apply to transactions involving Electric rail locomotives?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Electric rail locomotives are forward charge. Check the current notifications for any special cases before deciding.

Is the composition scheme suitable if I mainly trade Electric rail locomotives?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

How are warranty replacements of Electric rail locomotives handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

How should I document Electric rail locomotives sent for job work?

Use a delivery challan for sending Electric rail locomotives to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Can I claim ITC on inputs and services used for Electric rail locomotives?

If your outward supply of Electric rail locomotives is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Does packaging or branding change how GST applies to Electric rail locomotives?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Electric rail locomotives is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

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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