8708 HSN Code: Parts & Accessories For Motor Vehicles

HSN Sub Chapter 8708 represents Parts & Accessories For Motor Vehicles under GST classification. This code helps businesses identify Parts & Accessories For Motor Vehicles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8708, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Parts & Accessories For Motor Vehicles.

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New GST Rate for HSN Code 8708

GST Rate for Parts & Accessories For Motor Vehicles under HSN Code 8708. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

87

HSN Code

HSN Description

Parts and accessories of the motor vehicles of headings 8701 to 8705

New GST Rate

5 %
Essential

Old GST Rate

28 %

Tariff HSN Codes under HSN Sub Chapter 8708

Following tariff HSN codes fall under Parts & Accessories For Motor Vehicles.

Tariff HSN

Description

Bumpers and parts thereof : For tractors

Tariff HSN

Description

Bumpers and parts thereof : Other

Tariff HSN

Description

Other parts and accessories of bodies (including cabs) : Safety seat belts

Tariff HSN

Description

Other parts and accessories of bodies (including cabs) : Front windscreens (windshields), rear windows and other windows specified in Sub-heading Note 1 to this Chapter

Tariff HSN

Description

Other parts and accessories of bodies (including cabs) : Other

Tariff HSN

Description

Brakes and servo-brakes; parts thereof

Tariff HSN

Description

Parts and accessories of the motor vehicles of headings 8701 to 8705 brakes and servo-brakes and parts thereof mounted brake linings

Tariff HSN

Description

Parts and accessories of the motor vehicles of headings 8701 to 8705 brakes and servo-brakes and parts thereof other

Tariff HSN

Description

Gear boxes and parts thereof

Tariff HSN

Description

Drive-axles with differential, whether or not provided with other transmission components, non-driving axles; parts thereof

Tariff HSN

Description

Parts and accessories of the motor vehicles of headings 8701 to 8705 brakes and servo-brakes and parts thereof non-driving axles and parts thereof

Tariff HSN

Description

Road wheels and parts and accessories thereof

Tariff HSN

Description

Suspension systems and parts thereof (including shock absorbers)

Tariff HSN

Description

Other parts and accessories: Radiators and parts thereof

Tariff HSN

Description

Other parts and accessories: Silencers (mufflers) and exhaust pipes; parts thereof

Tariff HSN

Description

Other parts and accessories: Clutches and parts thereof

Tariff HSN

Description

Other parts and accessories: Steering wheels, steering columns and steering boxes; parts thereof

Tariff HSN

Description

Other parts and accessories: Safety airbags with inflater system; parts thereof

Tariff HSN

Description

Other parts and accessories: Other

India’s Trade Performance — HSN Sub-Chapter 8708 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

₹63,496 Cr

+6.48% vs FY 2023-24

1.7145% of India’s total exports

India’s Imports

FY 2024-25

₹53,691 Cr

+9.93% vs FY 2023-24

0.8805% of India’s total imports

Trade Balance

FY 2024-25

₹9,806 Cr

Trade Surplus

Surplus rank #27 of 1233 subchapters

% of Chapter 87

FY 2024-25

33.14%

Share of Chapter 87’s total exports in FY 2024-25

Import side: 76.85% of Chapter 87’s imports

Rank Within Chapter 87

FY 2024-25

#1 of 16

Position by export value among subchapters in Chapter 87

Import-side rank: #1 of 16

At a glance

9.69%

Export CAGR

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

#7

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+38.38%

Peak Growth Year

FY 2021-22 · strongest single-year move

33.14%

Contribution to Ch. 87

Share of Chapter 87 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8708

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 #7

Balance

+3,534.45

Exports

36,459.31 ₹ Cr

1.5884% share

YoY

28.81% of Ch. 87

Imports

32,924.86 ₹ Cr

0.9169% share

YoY

76.51% of Ch. 87

FY 2019-20 Exp. Rank #7

Balance

+5,258.70

Exports

34,213.55 ₹ Cr

1.5490% share

−6.16% YoY

28.90% of Ch. 87

Imports

28,954.85 ₹ Cr

0.8631% share

−12.06% YoY

77.99% of Ch. 87

FY 2020-21 Exp. Rank #7

Balance

+7,956.91

Exports

33,749.89 ₹ Cr

1.5691% share

−1.36% YoY

33.52% of Ch. 87

Imports

25,792.98 ₹ Cr

0.8852% share

−10.92% YoY

75.52% of Ch. 87

FY 2021-22 Exp. Rank #8

Balance

+10,685.87

Exports

46,703.73 ₹ Cr

1.4882% share

+38.38% YoY

31.70% of Ch. 87

Imports

36,017.86 ₹ Cr

0.7880% share

+39.64% YoY

76.18% of Ch. 87

FY 2022-23 Exp. Rank #7

Balance

+9,042.93

Exports

54,184.00 ₹ Cr

1.4965% share

+16.02% YoY

31.78% of Ch. 87

Imports

45,141.07 ₹ Cr

0.7851% share

+25.33% YoY

77.99% of Ch. 87

FY 2023-24 Exp. Rank #7

Balance

+10,791.93

Exports

59,630.79 ₹ Cr

1.6481% share

+10.05% YoY

34.48% of Ch. 87

Imports

48,838.86 ₹ Cr

0.8697% share

+8.19% YoY

77.53% of Ch. 87

FY 2024-25 Exp. Rank #7

Balance

+9,805.54

Exports

63,496.30 ₹ Cr

1.7145% share

+6.48% YoY

33.14% of Ch. 87

Imports

53,690.76 ₹ Cr

0.8805% share

+9.93% YoY

76.85% of Ch. 87

CAGR · 7-Year

Exports

9.69% /yr

Imports

8.49% /yr

Consistently Surplus
Chapter 87 total

reference, FY 2024-25

Export

₹1,91,608.67 Cr

Import

₹69,864.41 Cr

Trade Balance

+1,21,744.26

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

Key Trade Insights: HSN Sub-Chapter 8708 Export-Import Analysis

Consistent Export Growth: 9.69% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8708 have grown at a compound annual rate of 9.69% over 7 fiscal years, rising from ₹36,459.31 Crore in FY 2018-19 to ₹63,496.30 Crore in FY 2024-25.

HSN Sub-Chapter 8708 Ranked #7 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8708 ranks #7 out of 1233 subchapters by total export value. Within Chapter 87, it ranks #1 of 16. By trade surplus, it ranks #27 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8708 Exports

The strongest single-year export movement for HSN Sub-Chapter 8708 was recorded in FY 2021-22, when exports surged by 38.38% over the prior year.

India Maintains a Trade Surplus of ₹9,805.54 Crore in HSN Sub-Chapter 8708 Goods

In FY 2024-25, India's exports of ₹63,496.30 Cr exceeded imports of ₹53,690.76 Cr, resulting in a trade surplus of ₹9,805.54 Crore — ranking #27 of 1233 by surplus magnitude.

Import Growth of 8.49% CAGR Signals Stable Import Dependency for Parts & Accessories For Motor Vehicles

India's imports under HSN Sub-Chapter 8708 have grown at 8.49% CAGR, reaching ₹53,690.76 Crore in FY 2024-25.

HSN Sub-Chapter 8708 Contributes 33.14% of Chapter 87 Exports — Ranked #1

Among the 16 subchapters under Chapter 87, HSN Sub-Chapter 8708 ranks #1 by export value — accounting for 33.14% of the chapter's total exports in FY 2024-25. On the import side, it holds 76.85% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8708 and GST compliance.

What products are classified under HSN 8708

It includes Parts & Accessories For Motor Vehicles

What misclassification mistakes happen with Parts & Accessories For Motor Vehicles?

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.

Does MRP, weight or pack size change GST treatment for Parts & Accessories For Motor Vehicles?

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.

Can reverse charge ever apply to transactions involving Parts & Accessories For Motor Vehicles?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Parts & Accessories For Motor Vehicles are forward charge. Check the current notifications for any special cases before deciding.

What should my invoice and records include for Parts & Accessories For Motor Vehicles?

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.

Is the composition scheme suitable if I mainly trade Parts & Accessories For Motor Vehicles?

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.

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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