Export Decline: −3.98% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8706 have declined at a compound annual rate of −3.98% over 7 fiscal years, falling from ₹3,044.78 Crore in FY 2018-19 to ₹2,386.27 Crore in FY 2024-25.
HSN Sub Chapter 8706 represents Ceramic bricks & tiles under GST classification. This code helps businesses identify Ceramic bricks & tiles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8706, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ceramic bricks & tiles.
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GST Rate for Ceramic bricks & tiles under HSN Code 8706. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Ceramic bricks & tiles.
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Of engine capacity not exceeding 1,800 cc
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the tractors of heading 8701 : Other
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: For transport of not more than thirteen persons, including the driver
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the vehicles of heading 8702: Other
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: For three-wheeled vehicles
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8703: Other
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For three-wheeled motor vehicle
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For vehicles, other than petrol driven
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: For dumpers covered in the heading 8704
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8704: Other
Tariff HSN
Description
Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705: For the motor vehicles of heading 8705
India’s Exports
FY 2024-25₹2,386 Cr
0.0644% of India’s total exports
India’s Imports
FY 2024-25₹441 Cr
0.0072% of India’s total imports
Trade Balance
FY 2024-25₹1,945 Cr
Surplus rank #134 of 1233 subchapters
% of Chapter 87
FY 2024-251.25%
Share of Chapter 87’s total exports in FY 2024-25
Import side: 0.63% of Chapter 87’s imports
Rank Within Chapter 87
FY 2024-25#7 of 16
Position by export value among subchapters in Chapter 87
Import-side rank: #9 of 16
At a glance
−3.98%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#239
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+66.72%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.25%
Contribution to Ch. 87
Share of Chapter 87 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
+2,944.92
Exports
3,044.78 ₹ Cr
0.1326% share
— YoY
2.41% of Ch. 87
Imports
99.86 ₹ Cr
0.0028% share
— YoY
0.23% of Ch. 87
Balance
+2,182.56
Exports
2,429.71 ₹ Cr
0.1100% share
−20.20% YoY
2.05% of Ch. 87
Imports
247.15 ₹ Cr
0.0074% share
+147.50% YoY
0.67% of Ch. 87
Balance
+1,019.18
Exports
1,181.47 ₹ Cr
0.0549% share
−51.37% YoY
1.17% of Ch. 87
Imports
162.29 ₹ Cr
0.0056% share
−34.34% YoY
0.48% of Ch. 87
Balance
+1,828.61
Exports
1,969.79 ₹ Cr
0.0628% share
+66.72% YoY
1.34% of Ch. 87
Imports
141.18 ₹ Cr
0.0031% share
−13.01% YoY
0.30% of Ch. 87
Balance
+2,081.73
Exports
2,349.92 ₹ Cr
0.0649% share
+19.30% YoY
1.38% of Ch. 87
Imports
268.19 ₹ Cr
0.0047% share
+89.96% YoY
0.46% of Ch. 87
Balance
+1,830.82
Exports
2,041.07 ₹ Cr
0.0564% share
−13.14% YoY
1.18% of Ch. 87
Imports
210.25 ₹ Cr
0.0037% share
−21.60% YoY
0.33% of Ch. 87
Balance
+1,945.02
Exports
2,386.27 ₹ Cr
0.0644% share
+16.91% YoY
1.25% of Ch. 87
Imports
441.25 ₹ Cr
0.0072% share
+109.87% YoY
0.63% of Ch. 87
CAGR · 7-Year
Exports
−3.98% /yr
Imports
28.10% /yr
reference, FY 2024-25
Export
₹1,91,608.67 Cr
Import
₹69,864.41 Cr
Trade Balance
+1,21,744.26
India's exports under HSN Sub-Chapter 8706 have declined at a compound annual rate of −3.98% over 7 fiscal years, falling from ₹3,044.78 Crore in FY 2018-19 to ₹2,386.27 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8706 ranks #239 out of 1233 subchapters by total export value. Within Chapter 87, it ranks #7 of 16. By trade surplus, it ranks #134 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8706 was recorded in FY 2021-22, when exports surged by 66.72% over the prior year.
In FY 2024-25, India's exports of ₹2,386.27 Cr exceeded imports of ₹441.25 Cr, resulting in a trade surplus of ₹1,945.02 Crore — ranking #134 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8706 have grown at 28.10% CAGR, reaching ₹441.25 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 87, HSN Sub-Chapter 8706 ranks #7 by export value — accounting for 1.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.63% share (rank #9).
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 8706 and GST compliance.
It includes Ceramic bricks & tiles
Use a delivery challan for sending Ceramic bricks & tiles 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.
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.
If your outward supply of Ceramic bricks & tiles 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.
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.
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.