What products are classified under HSN 8804
It includes Parachutes & accessories
HSN Sub Chapter 8804 represents Parachutes & accessories under GST classification. This code helps businesses identify Parachutes & accessories correctly for billing, taxation, and trade. With HSN Sub Chapter 8804, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Parachutes & accessories.
GST Rate for Parachutes & accessories under HSN Code 8804. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 88 | 8804 | Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto | 18% | 18% |
Chapter: 88
Description: Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
Following Tariff HSN code falls under Parachutes & accessories:
| Tariff HSN | Description |
|---|---|
| Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Parachutes (including dirigible parachutes and paragliders) and parts and accessories thereof | |
| Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Rotochutes; parts and accessories thereof |
Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Parachutes (including dirigible parachutes and paragliders) and parts and accessories thereof
Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Rotochutes; parts and accessories thereof
It includes Parachutes & accessories
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Parachutes & accessories are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.
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.