8901 HSN Code: Cruise & Cargo Ships

HSN Sub Chapter 8901 represents Cruise & Cargo Ships under GST classification. This code helps businesses identify Cruise & Cargo Ships correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8901, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cruise & Cargo Ships.

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New GST Rate for HSN Code 8901

GST Rate for Cruise & Cargo Ships under HSN Code 8901. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

89

HSN Code

8901

HSN Description

Cruise ships, excursion boats , ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 8901

Following tariff HSN codes fall under Cruise & Cargo Ships.

Tariff HSN

89011010

Description

Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Ships

Tariff HSN

89011020

Description

Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Launches

Tariff HSN

89011030

Description

Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Boats

Tariff HSN

89011040

Description

Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Barges

Tariff HSN

89011090

Description

Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds : Other

Tariff HSN

89012000

Description

Tankers

Tariff HSN

89013000

Description

Refrigerated vessels, other than those of Sub-heading 8901 20

Tariff HSN

89019000

Description

Other vessels for transport of the goods and other vessels for the transport of both persons and goods

India’s Trade Performance — HSN Sub-Chapter 8901 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

₹21,380 Cr

+71.45% vs FY 2023-24

0.5773% of India’s total exports

India’s Imports

FY 2024-25

₹12,668 Cr

+28.94% vs FY 2023-24

0.2077% of India’s total imports

Trade Balance

FY 2024-25

₹8,713 Cr

Trade Surplus

Surplus rank #38 of 1233 subchapters

% of Chapter 89

FY 2024-25

59.10%

Share of Chapter 89’s total exports in FY 2024-25

Import side: 32.31% of Chapter 89’s imports

Rank Within Chapter 89

FY 2024-25

#1 of 8

Position by export value among subchapters in Chapter 89

Import-side rank: #2 of 8

At a glance

27.16%

Export CAGR

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

#22

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+155.82%

Peak Growth Year

FY 2022-23 · strongest single-year move

59.10%

Contribution to Ch. 89

Share of Chapter 89 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #82

Balance

+381.96

Exports

5,057.32 ₹ Cr

0.2203% share

— YoY

12.88% of Ch. 89

Imports

4,675.36 ₹ Cr

0.1302% share

— YoY

11.46% of Ch. 89

FY 2019-20 Exp. Rank #34

Balance

+5,530.53

Exports

9,444.75 ₹ Cr

0.4276% share

+86.75% YoY

29.40% of Ch. 89

Imports

3,914.22 ₹ Cr

0.1167% share

−16.28% YoY

9.68% of Ch. 89

FY 2020-21 Exp. Rank #84

Balance

+2,000.98

Exports

5,012.18 ₹ Cr

0.2330% share

−46.93% YoY

14.98% of Ch. 89

Imports

3,011.20 ₹ Cr

0.1033% share

−23.07% YoY

9.73% of Ch. 89

FY 2021-22 Exp. Rank #173

Balance

−2,439.28

Exports

3,130.87 ₹ Cr

0.0998% share

−37.53% YoY

11.61% of Ch. 89

Imports

5,570.15 ₹ Cr

0.1219% share

+84.98% YoY

17.64% of Ch. 89

FY 2022-23 Exp. Rank #75

Balance

+3,721.01

Exports

8,009.24 ₹ Cr

0.2212% share

+155.82% YoY

24.68% of Ch. 89

Imports

4,288.23 ₹ Cr

0.0746% share

−23.01% YoY

7.54% of Ch. 89

FY 2023-24 Exp. Rank #44

Balance

+2,645.50

Exports

12,470.08 ₹ Cr

0.3447% share

+55.70% YoY

37.12% of Ch. 89

Imports

9,824.58 ₹ Cr

0.1749% share

+129.11% YoY

31.60% of Ch. 89

FY 2024-25 Exp. Rank #22

Balance

+8,712.55

Exports

21,380.27 ₹ Cr

0.5773% share

+71.45% YoY

59.10% of Ch. 89

Imports

12,667.72 ₹ Cr

0.2077% share

+28.94% YoY

32.31% of Ch. 89

CAGR · 7-Year

Exports

27.16% /yr

Imports

18.07% /yr

Consistently Surplus
Chapter 89 total

reference, FY 2024-25

Export

₹36,176.60 Cr

Import

₹39,208.37 Cr

Trade Balance

−3,031.77

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

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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8901 ranks #22 out of 1233 subchapters 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 subchapters 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8901 and GST compliance.

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.

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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