--- title: "8804 HSN Code | HSN Code for Parachutes & accessories in India" description: "Know more about 8804 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 8804 covering Parachutes & accessories." canonical: "https://busy.in/hsn/sub-chapter-8804/" --- # HSN Sub-chapter 8804: Parachutes & accessories Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto Part of [Chapter 88: Aircraft, Spacecraft, Its Parts](https://busy.in/hsn/chapter-88/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 88040010 | [Other Paper/Board (Chemi-Mech. Pulp)](https://busy.in/hsn/hsn-88040010/) | | 88040020 | [Rotochute Parts/Acc.](https://busy.in/hsn/hsn-88040020/) | ## Frequently asked questions ### What products are classified under HSN 8804 It includes Parachutes & accessories ### What are the e‑way bill and e‑invoice points while moving 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. ### How are warranty replacements of Parachutes & accessories handled? 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. ### Can reverse charge ever apply to transactions involving Parachutes & accessories? 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. ### Is the composition scheme suitable if I mainly trade Parachutes & accessories? 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. ### What misclassification mistakes happen with Parachutes & accessories? 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. ### Any import/export nuance for Parachutes & accessories? 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. ## India's trade performance: HSN Sub-Chapter 8804 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹35 Cr (+263.86% YoY) — 0.0009% of India's total exports - Imports: ₹10 Cr (+8.52% YoY) — 0.0002% of India's total imports - Trade balance: ₹25 Cr (Surplus); surplus rank #458 of 1233 sub-chapters - Share of Chapter 88: 0.06% of its exports; import side 0.01% - Rank within Chapter 88: #4 of 6 by export value; import-side #4 ### Key metrics - Export CAGR: 47.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #952 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +263.86% in FY 2024-25 - Contribution to Ch. 88: 0.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 8804 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 88 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 88 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 3.38 | 0.0001% | — | 0.03% | 7.19 | 0.0002% | — | 0.01% | −3.81 | #1077 | | FY 2019-20 | 6.38 | 0.0003% | +88.76% | 0.06% | 7.19 | 0.0002% | 0.00% | 0.01% | −0.81 | #1026 | | FY 2020-21 | 6.14 | 0.0003% | −3.76% | 0.07% | 5.26 | 0.0002% | −26.84% | 0.01% | +0.88 | #1028 | | FY 2021-22 | 10.92 | 0.0003% | +77.85% | 0.13% | 20.65 | 0.0005% | +292.59% | 0.06% | −9.73 | #1015 | | FY 2022-23 | 7.99 | 0.0002% | −26.83% | 0.07% | 11.29 | 0.0002% | −45.33% | 0.01% | −3.30 | #1048 | | FY 2023-24 | 9.63 | 0.0003% | +20.53% | 0.04% | 9.04 | 0.0002% | −19.93% | 0.01% | +0.59 | #1042 | | FY 2024-25 | 35.04 | 0.0009% | +263.86% | 0.06% | 9.81 | 0.0002% | +8.52% | 0.01% | +25.23 | #952 | - CAGR (7-year): exports 47.66%/yr, imports 5.31%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 8804 export-import analysis ### Consistent export growth: 47.66% CAGR over 7 years India's exports under HSN Sub-Chapter 8804 have grown at a compound annual rate of 47.66% over 7 fiscal years, rising from ₹3.38 Crore in FY 2018-19 to ₹35.04 Crore in FY 2024-25. ### HSN Sub-Chapter 8804 ranked #952 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 8804 ranks #952 out of 1233 sub-chapters by total export value. Within Chapter 88, it ranks #4 of 6. By trade surplus, it ranks #458 of 1233. ### FY 2024-25 was the strongest growth year for HSN Sub-Chapter 8804 exports The strongest single-year export movement for HSN Sub-Chapter 8804 was recorded in FY 2024-25, when exports surged by 263.86% over the prior year. ### India maintains a trade surplus of ₹25.23 Crore in HSN Sub-Chapter 8804 goods In FY 2024-25, India's exports of ₹35.04 Cr exceeded imports of ₹9.81 Cr, resulting in a trade surplus of ₹25.23 Crore — ranking #458 of 1233 by surplus magnitude. ### Import growth of 5.31% CAGR signals stable import dependency for Parachutes & accessories India's imports under HSN Sub-Chapter 8804 have grown at 5.31% CAGR, reaching ₹9.81 Crore in FY 2024-25. ### HSN Sub-Chapter 8804 contributes 0.06% of Chapter 88 exports — ranked #4 Among the 6 sub-chapters under Chapter 88, HSN Sub-Chapter 8804 ranks #4 by export value — accounting for 0.06% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #4). ## Related Sub-Chapters in Chapter 88 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 8802: Aircraft and spacecraft](https://busy.in/hsn/sub-chapter-8802/) | ₹46,996 Cr | | #2 | [HSN Sub-Chapter 8807: Railway Parts](https://busy.in/hsn/sub-chapter-8807/) | ₹11,723 Cr | | #3 | [HSN Sub-Chapter 8805: Aircraft Launching Gear](https://busy.in/hsn/sub-chapter-8805/) | ₹60 Cr | | #4 | HSN Sub-Chapter 8804: Parachutes & accessories (this hsn sub-chapter) | ₹35 Cr | | #5 | [HSN Sub-Chapter 8806: Unmanned Aircraft](https://busy.in/hsn/sub-chapter-8806/) | ₹24 Cr | | #6 | [HSN Sub-Chapter 8801: Non-powered aircraft](https://busy.in/hsn/sub-chapter-8801/) | ₹6 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 8801 | [Non-powered aircraft](https://busy.in/hsn/sub-chapter-8801/) | | 8802 | [Aircraft and spacecraft](https://busy.in/hsn/sub-chapter-8802/) | | 8805 | [Aircraft Launching Gear](https://busy.in/hsn/sub-chapter-8805/) | | 8806 | [Unmanned Aircraft](https://busy.in/hsn/sub-chapter-8806/) | | 8807 | [Railway Parts](https://busy.in/hsn/sub-chapter-8807/) |