--- title: "8901 HSN Code | HSN Code for Cruise & Cargo Ships in India" description: "Know more about 8901 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 8901 covering Cruise & Cargo Ships." canonical: "https://busy.in/hsn/sub-chapter-8901/" --- # HSN Sub-chapter 8901: Cruise & Cargo Ships Cruise ships, excursion boats , ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods Part of [Chapter 89: Floating Structures, Ships, Boats](https://busy.in/hsn/chapter-89/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 89011010 | [Cruise ships – Ships](https://busy.in/hsn/hsn-89011010/) | | 89011020 | [Cruise ships – Launches](https://busy.in/hsn/hsn-89011020/) | | 89011030 | [Cruise ships – Boats](https://busy.in/hsn/hsn-89011030/) | | 89011040 | [Cruise ships – Barges](https://busy.in/hsn/hsn-89011040/) | | 89011090 | [Other Passenger Vessel](https://busy.in/hsn/hsn-89011090/) | | 89012000 | [Tankers](https://busy.in/hsn/hsn-89012000/) | | 89013000 | [Refrigerated vessels](https://busy.in/hsn/hsn-89013000/) | | 89019000 | [Cruise Ships, Ferry Boats, Cargo Ships](https://busy.in/hsn/hsn-89019000/) | ## Frequently asked questions ### What products are classified under HSN 8901 It includes Cruise & Cargo Ships ### Do spares or accessories of Cruise & Cargo Ships follow the same HSN? Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice. ### If I repair and return Cruise & Cargo Ships, 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. ### Is the composition scheme suitable if I mainly trade Cruise & Cargo Ships? 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. ### Can reverse charge ever apply to transactions involving Cruise & Cargo Ships? Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Cruise & Cargo Ships are forward charge. Check the current notifications for any special cases before deciding. ### How do I bill a kit or combo that includes Cruise & Cargo Ships? Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly. ## India's trade performance: HSN Sub-Chapter 8901 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹21,380 Cr (+71.45% YoY) — 0.5773% of India's total exports - Imports: ₹12,668 Cr (+28.94% YoY) — 0.2077% of India's total imports - Trade balance: ₹8,713 Cr (Surplus); surplus rank #38 of 1233 sub-chapters - Share of Chapter 89: 59.10% of its exports; import side 32.31% - Rank within Chapter 89: #1 of 8 by export value; import-side #2 ### Key metrics - Export CAGR: 27.16% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #22 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +155.82% in FY 2022-23 - Contribution to Ch. 89: 59.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 8901 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. 89 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 89 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 5,057.32 | 0.2203% | — | 12.88% | 4,675.36 | 0.1302% | — | 11.46% | +381.96 | #82 | | FY 2019-20 | 9,444.75 | 0.4276% | +86.75% | 29.40% | 3,914.22 | 0.1167% | −16.28% | 9.68% | +5,530.53 | #34 | | FY 2020-21 | 5,012.18 | 0.2330% | −46.93% | 14.98% | 3,011.20 | 0.1033% | −23.07% | 9.73% | +2,000.98 | #84 | | FY 2021-22 | 3,130.87 | 0.0998% | −37.53% | 11.61% | 5,570.15 | 0.1219% | +84.98% | 17.64% | −2,439.28 | #173 | | FY 2022-23 | 8,009.24 | 0.2212% | +155.82% | 24.68% | 4,288.23 | 0.0746% | −23.01% | 7.54% | +3,721.01 | #75 | | FY 2023-24 | 12,470.08 | 0.3447% | +55.70% | 37.12% | 9,824.58 | 0.1749% | +129.11% | 31.60% | +2,645.50 | #44 | | FY 2024-25 | 21,380.27 | 0.5773% | +71.45% | 59.10% | 12,667.72 | 0.2077% | +28.94% | 32.31% | +8,712.55 | #22 | - CAGR (7-year): exports 27.16%/yr, imports 18.07%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 8901 export-import analysis ### Consistent export growth: 27.16% CAGR over 7 years India's exports under HSN Sub-Chapter 8901 have grown at a compound annual rate of 27.16% over 7 fiscal years, rising from ₹5,057.32 Crore in FY 2018-19 to ₹21,380.27 Crore in FY 2024-25. ### HSN Sub-Chapter 8901 ranked #22 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 8901 ranks #22 out of 1233 sub-chapters by total export value. Within Chapter 89, it ranks #1 of 8. By trade surplus, it ranks #38 of 1233. ### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 8901 exports The strongest single-year export movement for HSN Sub-Chapter 8901 was recorded in FY 2022-23, when exports surged by 155.82% over the prior year. ### India maintains a trade surplus of ₹8,712.55 Crore in HSN Sub-Chapter 8901 goods In FY 2024-25, India's exports of ₹21,380.27 Cr exceeded imports of ₹12,667.72 Cr, resulting in a trade surplus of ₹8,712.55 Crore — ranking #38 of 1233 by surplus magnitude. ### Import growth of 18.07% CAGR signals rising demand for Cruise & Cargo Ships India's imports under HSN Sub-Chapter 8901 have grown at 18.07% CAGR, reaching ₹12,667.72 Crore in FY 2024-25. ### HSN Sub-Chapter 8901 contributes 59.10% of Chapter 89 exports — ranked #1 Among the 8 sub-chapters under Chapter 89, HSN Sub-Chapter 8901 ranks #1 by export value — accounting for 59.10% of the chapter's total exports in FY 2024-25. On the import side, it holds 32.31% share (rank #2). ## Related Sub-Chapters in Chapter 89 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Sub-Chapter 8901: Cruise & Cargo Ships (this hsn sub-chapter) | ₹21,380 Cr | | #2 | [HSN Sub-Chapter 8905: Vessels, floating docks & platforms](https://busy.in/hsn/sub-chapter-8905/) | ₹8,509 Cr | | #3 | [HSN Sub-Chapter 8906: Vessels and warships](https://busy.in/hsn/sub-chapter-8906/) | ₹4,105 Cr | | #4 | [HSN Sub-Chapter 8904: Tugs & Pusher Craft](https://busy.in/hsn/sub-chapter-8904/) | ₹2,093 Cr | | #5 | [HSN Sub-Chapter 8907: Floating structures & buoys](https://busy.in/hsn/sub-chapter-8907/) | ₹67 Cr | | #6 | [HSN Sub-Chapter 8903: Pleasure Yachts & Boats](https://busy.in/hsn/sub-chapter-8903/) | ₹16 Cr | | #7 | [HSN Sub-Chapter 8902: Fishing Vessels](https://busy.in/hsn/sub-chapter-8902/) | ₹6 Cr | | #8 | [HSN Sub-Chapter 8908: Vessels for breaking up](https://busy.in/hsn/sub-chapter-8908/) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 8902 | [Fishing Vessels](https://busy.in/hsn/sub-chapter-8902/) | | 8903 | [Pleasure Yachts & Boats](https://busy.in/hsn/sub-chapter-8903/) | | 8904 | [Tugs & Pusher Craft](https://busy.in/hsn/sub-chapter-8904/) | | 8905 | [Vessels, floating docks & platforms](https://busy.in/hsn/sub-chapter-8905/) | | 8906 | [Vessels and warships](https://busy.in/hsn/sub-chapter-8906/) | | 8907 | [Floating structures & buoys](https://busy.in/hsn/sub-chapter-8907/) | | 8908 | [Vessels for breaking up](https://busy.in/hsn/sub-chapter-8908/) |