8804 HSN Code: 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 purposes. With HSN Sub Chapter 8804, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Parachutes & accessories.

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New GST Rate for HSN Code 8804

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

88

HSN Code

8804

HSN Description

Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8804

Following tariff HSN codes fall under Parachutes & accessories.

Tariff HSN

88040010

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

Tariff HSN

88040020

Description

Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto : Rotochutes; parts and accessories thereof

India’s Trade Performance — HSN Sub-Chapter 8804 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

₹35 Cr

+263.86% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+8.52% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹25 Cr

Trade Surplus

Surplus rank #458 of 1233 subchapters

% of Chapter 88

FY 2024-25

0.06%

Share of Chapter 88’s total exports in FY 2024-25

Import side: 0.01% of Chapter 88’s imports

Rank Within Chapter 88

FY 2024-25

#4 of 6

Position by export value among subchapters in Chapter 88

Import-side rank: #4 of 6

At a glance

47.66%

Export CAGR

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

#952

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+263.86%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.06%

Contribution to Ch. 88

Share of Chapter 88 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1077

Balance

−3.81

Exports

3.38 ₹ Cr

0.0001% share

— YoY

0.03% of Ch. 88

Imports

7.19 ₹ Cr

0.0002% share

— YoY

0.01% of Ch. 88

FY 2019-20 Exp. Rank #1026

Balance

−0.81

Exports

6.38 ₹ Cr

0.0003% share

+88.76% YoY

0.06% of Ch. 88

Imports

7.19 ₹ Cr

0.0002% share

0.00% YoY

0.01% of Ch. 88

FY 2020-21 Exp. Rank #1028

Balance

+0.88

Exports

6.14 ₹ Cr

0.0003% share

−3.76% YoY

0.07% of Ch. 88

Imports

5.26 ₹ Cr

0.0002% share

−26.84% YoY

0.01% of Ch. 88

FY 2021-22 Exp. Rank #1015

Balance

−9.73

Exports

10.92 ₹ Cr

0.0003% share

+77.85% YoY

0.13% of Ch. 88

Imports

20.65 ₹ Cr

0.0005% share

+292.59% YoY

0.06% of Ch. 88

FY 2022-23 Exp. Rank #1048

Balance

−3.30

Exports

7.99 ₹ Cr

0.0002% share

−26.83% YoY

0.07% of Ch. 88

Imports

11.29 ₹ Cr

0.0002% share

−45.33% YoY

0.01% of Ch. 88

FY 2023-24 Exp. Rank #1042

Balance

+0.59

Exports

9.63 ₹ Cr

0.0003% share

+20.53% YoY

0.04% of Ch. 88

Imports

9.04 ₹ Cr

0.0002% share

−19.93% YoY

0.01% of Ch. 88

FY 2024-25 Exp. Rank #952

Balance

+25.23

Exports

35.04 ₹ Cr

0.0009% share

+263.86% YoY

0.06% of Ch. 88

Imports

9.81 ₹ Cr

0.0002% share

+8.52% YoY

0.01% of Ch. 88

CAGR · 7-Year

Exports

47.66% /yr

Imports

5.31% /yr

Consistently Surplus
Chapter 88 total

reference, FY 2024-25

Export

₹58,843.53 Cr

Import

₹1,17,659.23 Cr

Trade Balance

−58,815.70

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

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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8804 ranks #952 out of 1233 subchapters 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 subchapters 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8804 and GST compliance.

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.

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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