Consistent Export Growth: 70.57% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8606 have grown at a compound annual rate of 70.57% over 7 fiscal years, rising from ₹18.77 Crore in FY 2018-19 to ₹462.32 Crore in FY 2024-25.
HSN Sub Chapter 8606 represents Railway goods vans under GST classification. This code helps businesses identify Railway goods vans correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8606, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Railway goods vans.
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GST Rate for Railway goods vans under HSN Code 8606. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Railway goods vans.
Tariff HSN
Description
Tank wagons and the like : Four wheeler tank wagons of pay-load exceeding 23 tonnes
Tariff HSN
Description
Tank wagons and the like : Eight wheeler tank wagons of pay-load not exceeding 60 tonnes
Tariff HSN
Description
Tank wagons and the like : Other
Tariff HSN
Description
Railway or tramway goods vans and wagons, not self-propelled - insulated or refrigerated vans and wagons, other than those of sub-heading 8606 10
Tariff HSN
Description
Self-discharging vans and wagons, other than those of sub-heading 8606 10
Tariff HSN
Description
Other : Covered and closed : Meter guage eight wheeler covered wagons of pay-load not exceeding 38 tonnes
Tariff HSN
Description
Other : Covered and closed : Broad guage eight wheeler covered wagons of pay-load not exceeding 60 tonnes
Tariff HSN
Description
Other : Covered and closed : Other
Tariff HSN
Description
Other : Open with non-removable sides of a height exceeding 60 cms : Bogie eight wheeler wagons of pay-load not exceeding 60 tonnes
Tariff HSN
Description
Other : Open with non-removable sides of a height exceeding 60 cms : Broad guage bogie eight wheeler wagons of pay-load exceeding 60 tonnes but not exceeding 67 tonnes
Tariff HSN
Description
Other : Open with non-removable sides of a height exceeding 60 cms : Other
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹462 Cr
0.0125% of India’s total exports
India’s Imports
FY 2024-25₹86 Cr
0.0014% of India’s total imports
Trade Balance
FY 2024-25₹376 Cr
Surplus rank #280 of 1233 subchapters
% of Chapter 86
FY 2024-2515.31%
Share of Chapter 86’s total exports in FY 2024-25
Import side: 1.37% of Chapter 86’s imports
Rank Within Chapter 86
FY 2024-25#3 of 9
Position by export value among subchapters in Chapter 86
Import-side rank: #7 of 9
At a glance
70.57%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#549
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+1,393.28%
Peak Growth Year
FY 2024-25 · strongest single-year move
15.31%
Contribution to Ch. 86
Share of Chapter 86 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+11.47
Exports
18.77 ₹ Cr
0.0008% share
— YoY
0.53% of Ch. 86
Imports
7.30 ₹ Cr
0.0002% share
— YoY
0.15% of Ch. 86
Balance
+36.52
Exports
37.21 ₹ Cr
0.0017% share
+98.24% YoY
2.04% of Ch. 86
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−90.55% YoY
0.02% of Ch. 86
Balance
+3.14
Exports
5.45 ₹ Cr
0.0003% share
−85.35% YoY
0.43% of Ch. 86
Imports
2.31 ₹ Cr
0.0001% share
+234.78% YoY
0.06% of Ch. 86
Balance
−0.97
Exports
8.86 ₹ Cr
0.0003% share
+62.57% YoY
0.29% of Ch. 86
Imports
9.83 ₹ Cr
0.0002% share
+325.54% YoY
0.26% of Ch. 86
Balance
+42.94
Exports
67.15 ₹ Cr
0.0019% share
+657.90% YoY
2.26% of Ch. 86
Imports
24.21 ₹ Cr
0.0004% share
+146.29% YoY
0.46% of Ch. 86
Balance
−20.10
Exports
30.96 ₹ Cr
0.0009% share
−53.89% YoY
1.19% of Ch. 86
Imports
51.06 ₹ Cr
0.0009% share
+110.90% YoY
0.79% of Ch. 86
Balance
+375.94
Exports
462.32 ₹ Cr
0.0125% share
+1,393.28% YoY
15.31% of Ch. 86
Imports
86.38 ₹ Cr
0.0014% share
+69.17% YoY
1.37% of Ch. 86
CAGR · 7-Year
Exports
70.57% /yr
Imports
50.96% /yr
reference, FY 2024-25
Export
₹3,019.47 Cr
Import
₹6,328.23 Cr
Trade Balance
−3,308.76
India's exports under HSN Sub-Chapter 8606 have grown at a compound annual rate of 70.57% over 7 fiscal years, rising from ₹18.77 Crore in FY 2018-19 to ₹462.32 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8606 ranks #549 out of 1233 subchapters by total export value. Within Chapter 86, it ranks #3 of 9. By trade surplus, it ranks #280 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8606 was recorded in FY 2024-25, when exports surged by 1,393.28% over the prior year.
In FY 2024-25, India's exports of ₹462.32 Cr exceeded imports of ₹86.38 Cr, resulting in a trade surplus of ₹375.94 Crore — ranking #280 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8606 have grown at 50.96% CAGR, reaching ₹86.38 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 86, HSN Sub-Chapter 8606 ranks #3 by export value — accounting for 15.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.37% share (rank #7).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 8606 and GST compliance.
It includes Railway goods vans
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
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.
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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen 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.