8712 HSN Code: Non-motorized bicycles

HSN Sub Chapter 8712 represents Non-motorized bicycles under GST classification. This code helps businesses identify Non-motorized bicycles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8712, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Non-motorized bicycles.

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New GST Rate for HSN Code 8712

GST Rate for Non-motorized bicycles under HSN Code 8712. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

87

HSN Code

8712

HSN Description

Bicycles and other cycles (including delivery tricycles), not motorised

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 8712

Following tariff HSN codes fall under Non-motorized bicycles.

Tariff HSN

87120010

Description

Bicycles and other cycles (including delivery tricycles), not motorised : Bicycles

Tariff HSN

87120090

Description

Bicycles and other cycles (including delivery tricycles), not motorised : Other

India’s Trade Performance — HSN Sub-Chapter 8712 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

₹599 Cr

+32.96% vs FY 2023-24

0.0162% of India’s total exports

India’s Imports

FY 2024-25

₹33 Cr

−69.87% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

₹566 Cr

Trade Surplus

Surplus rank #248 of 1233 subchapters

% of Chapter 87

FY 2024-25

0.31%

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

Import side: 0.05% of Chapter 87’s imports

Rank Within Chapter 87

FY 2024-25

#10 of 16

Position by export value among subchapters in Chapter 87

Import-side rank: #15 of 16

At a glance

10.03%

Export CAGR

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

#495

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+42.92%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.31%

Contribution to Ch. 87

Share of Chapter 87 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8712

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 #494

Balance

−27.59

Exports

337.36 ₹ Cr

0.0147% share

— YoY

0.27% of Ch. 87

Imports

364.95 ₹ Cr

0.0102% share

— YoY

0.85% of Ch. 87

FY 2019-20 Exp. Rank #508

Balance

+128.49

Exports

325.22 ₹ Cr

0.0147% share

−3.60% YoY

0.27% of Ch. 87

Imports

196.73 ₹ Cr

0.0059% share

−46.09% YoY

0.53% of Ch. 87

FY 2020-21 Exp. Rank #484

Balance

+47.42

Exports

363.47 ₹ Cr

0.0169% share

+11.76% YoY

0.36% of Ch. 87

Imports

316.05 ₹ Cr

0.0108% share

+60.65% YoY

0.93% of Ch. 87

FY 2021-22 Exp. Rank #470

Balance

+43.18

Exports

519.47 ₹ Cr

0.0166% share

+42.92% YoY

0.35% of Ch. 87

Imports

476.29 ₹ Cr

0.0104% share

+50.70% YoY

1.01% of Ch. 87

FY 2022-23 Exp. Rank #583

Balance

+126.31

Exports

372.77 ₹ Cr

0.0103% share

−28.24% YoY

0.22% of Ch. 87

Imports

246.46 ₹ Cr

0.0043% share

−48.25% YoY

0.43% of Ch. 87

FY 2023-24 Exp. Rank #548

Balance

+341.42

Exports

450.23 ₹ Cr

0.0124% share

+20.78% YoY

0.26% of Ch. 87

Imports

108.81 ₹ Cr

0.0019% share

−55.85% YoY

0.17% of Ch. 87

FY 2024-25 Exp. Rank #495

Balance

+565.85

Exports

598.63 ₹ Cr

0.0162% share

+32.96% YoY

0.31% of Ch. 87

Imports

32.78 ₹ Cr

0.0005% share

−69.87% YoY

0.05% of Ch. 87

CAGR · 7-Year

Exports

10.03% /yr

Imports

−33.08% /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 8712 Export-Import Analysis

Consistent Export Growth: 10.03% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8712 have grown at a compound annual rate of 10.03% over 7 fiscal years, rising from ₹337.36 Crore in FY 2018-19 to ₹598.63 Crore in FY 2024-25.

HSN Sub-Chapter 8712 Ranked #495 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8712 ranks #495 out of 1233 subchapters by total export value. Within Chapter 87, it ranks #10 of 16. By trade surplus, it ranks #248 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8712 Exports

The strongest single-year export movement for HSN Sub-Chapter 8712 was recorded in FY 2021-22, when exports surged by 42.92% over the prior year.

India Maintains a Trade Surplus of ₹565.85 Crore in HSN Sub-Chapter 8712 Goods

In FY 2024-25, India's exports of ₹598.63 Cr exceeded imports of ₹32.78 Cr, resulting in a trade surplus of ₹565.85 Crore — ranking #248 of 1233 by surplus magnitude.

Import Growth of −33.08% CAGR Signals Stable Import Dependency for Non-motorized bicycles

India's imports under HSN Sub-Chapter 8712 have grown at −33.08% CAGR, reaching ₹32.78 Crore in FY 2024-25.

HSN Sub-Chapter 8712 Contributes 0.31% of Chapter 87 Exports — Ranked #10

Among the 16 subchapters under Chapter 87, HSN Sub-Chapter 8712 ranks #10 by export value — accounting for 0.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8712 and GST compliance.

What products are classified under HSN 8712

It includes Non-motorized bicycles

Any import/export nuance for Non-motorized bicycles?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Can reverse charge ever apply to transactions involving Non-motorized bicycles?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Non-motorized bicycles are forward charge. Check the current notifications for any special cases before deciding.

What misclassification mistakes happen with Non-motorized bicycles?

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.

If I repair and return Non-motorized bicycles, how should I charge GST?

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.

Any special steps when selling Non-motorized bicycles through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

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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