Consistent Export Growth: 10.70% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8608 have grown at a compound annual rate of 10.70% over 7 fiscal years, rising from ₹55.67 Crore in FY 2018-19 to ₹102.47 Crore in FY 2024-25.
HSN Sub Chapter 8608 represents Railway or road signalling equipment under GST classification. This code helps businesses identify Railway or road signalling equipment correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8608, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Railway or road signalling equipment.
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GST Rate for Railway or road signalling equipment under HSN Code 8608. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
86HSN Code
HSN Description
Railway or tramway track fixtures and fittings; mechanical (including electomechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Railway or road signalling equipment.
Tariff HSN
Description
Railway or tramway track fixtures and fittings; mechanical (including electo-mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing : Railway and tramway track fixtures and fittings
Tariff HSN
Description
Railway or tramway track fixtures and fittings; mechanical (including electo-mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing : Mechanical equipment, not electrically powered for signalling to, or controlling, road rail or other vehicles, ships or aircraft
Tariff HSN
Description
Railway or tramway track fixtures and fittings; mechanical (including electo-mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing : Other traffic control equipment for railways
Tariff HSN
Description
Railway or tramway track fixtures and fittings; mechanical (including electo-mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing : Other traffic control equipment for roads or inland waterways including automatic traffic control equipment for use at ports and airports
Tariff HSN
Description
Railway or tramway track fixtures and fittings; mechanical (including electo-mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields; parts of the foregoing : Other
India’s Exports
FY 2024-25₹102 Cr
0.0028% of India’s total exports
India’s Imports
FY 2024-25₹121 Cr
0.0020% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #617 of 1233 subchapters
% of Chapter 86
FY 2024-253.39%
Share of Chapter 86’s total exports in FY 2024-25
Import side: 1.91% of Chapter 86’s imports
Rank Within Chapter 86
FY 2024-25#7 of 9
Position by export value among subchapters in Chapter 86
Import-side rank: #6 of 9
At a glance
10.70%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#822
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+42.48%
Peak Growth Year
FY 2020-21 · strongest single-year move
3.39%
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
−60.28
Exports
55.67 ₹ Cr
0.0024% share
— YoY
1.58% of Ch. 86
Imports
115.95 ₹ Cr
0.0032% share
— YoY
2.36% of Ch. 86
Balance
−23.03
Exports
55.62 ₹ Cr
0.0025% share
−0.09% YoY
3.05% of Ch. 86
Imports
78.65 ₹ Cr
0.0023% share
−32.17% YoY
2.27% of Ch. 86
Balance
+4.87
Exports
79.25 ₹ Cr
0.0037% share
+42.48% YoY
6.23% of Ch. 86
Imports
74.38 ₹ Cr
0.0026% share
−5.43% YoY
1.94% of Ch. 86
Balance
+13.65
Exports
95.33 ₹ Cr
0.0030% share
+20.29% YoY
3.07% of Ch. 86
Imports
81.68 ₹ Cr
0.0018% share
+9.81% YoY
2.14% of Ch. 86
Balance
−54.48
Exports
103.25 ₹ Cr
0.0029% share
+8.31% YoY
3.48% of Ch. 86
Imports
157.73 ₹ Cr
0.0027% share
+93.11% YoY
3.01% of Ch. 86
Balance
−34.36
Exports
78.03 ₹ Cr
0.0022% share
−24.43% YoY
2.99% of Ch. 86
Imports
112.39 ₹ Cr
0.0020% share
−28.75% YoY
1.75% of Ch. 86
Balance
−18.53
Exports
102.47 ₹ Cr
0.0028% share
+31.32% YoY
3.39% of Ch. 86
Imports
121.00 ₹ Cr
0.0020% share
+7.66% YoY
1.91% of Ch. 86
CAGR · 7-Year
Exports
10.70% /yr
Imports
0.71% /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 8608 have grown at a compound annual rate of 10.70% over 7 fiscal years, rising from ₹55.67 Crore in FY 2018-19 to ₹102.47 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8608 ranks #822 out of 1233 subchapters by total export value. Within Chapter 86, it ranks #7 of 9. By trade surplus, it ranks #617 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8608 was recorded in FY 2020-21, when exports surged by 42.48% over the prior year.
In FY 2024-25, India's imports of ₹121.00 Cr exceeded exports of ₹102.47 Cr, resulting in a trade deficit of ₹18.53 Crore — ranking #617 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8608 have grown at 0.71% CAGR, reaching ₹121.00 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 86, HSN Sub-Chapter 8608 ranks #7 by export value — accounting for 3.39% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.91% share (rank #6).
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 8608 and GST compliance.
It includes Railway or road signalling equipment
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Railway or road signalling equipment are forward charge. Check the current notifications for any special cases before deciding.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Railway or road signalling equipment 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.
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.
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.