--- title: "8902 HSN Code | HSN Code for Fishing Vessels in India" description: "Know more about 8902 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 8902 covering Fishing Vessels." canonical: "https://busy.in/hsn/sub-chapter-8902/" --- # HSN Sub-chapter 8902: Fishing Vessels Fishing vessels; factory ships and other vessels for processing or preserving fishery products 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 | | --- | --- | | 89020010 | [Trawlers & Fishing Vessels](https://busy.in/hsn/hsn-89020010/) | | 89020090 | [Fishing Vessels & Factory Ships](https://busy.in/hsn/hsn-89020090/) | ## Frequently asked questions ### What products are classified under HSN 8902 It includes Fishing Vessels ### Does packaging or branding change how GST applies to Fishing Vessels? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Fishing Vessels is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment. ### Can reverse charge ever apply to transactions involving Fishing Vessels? Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Fishing Vessels are forward charge. Check the current notifications for any special cases before deciding. ### What should my invoice and records include for Fishing Vessels? Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail. ### Does MRP, weight or pack size change GST treatment for Fishing Vessels? Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN. ### How are warranty replacements of Fishing Vessels 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. ## India's trade performance: HSN Sub-Chapter 8902 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹6 Cr (−63.34% YoY) — 0.0002% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹6 Cr (Surplus); surplus rank #487 of 1233 sub-chapters - Share of Chapter 89: 0.02% of its exports; import side 0.00% - Rank within Chapter 89: #7 of 8 by export value ### Key metrics - Export CAGR: 192.32% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1075 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +28,266.67% in FY 2023-24 - Contribution to Ch. 89: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 8902 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 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.04 | #1201 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +640.00% | 0.00% | −0.37 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −91.89% | 0.00% | −0.01 | #1194 | | FY 2021-22 | 2.35 | 0.0001% | +11,650.00% | 0.01% | < ₹1 Crore | 0.0000% | +233.33% | 0.00% | +2.25 | #1101 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −97.45% | 0.00% | < ₹1 Crore | 0.0000% | +450.00% | 0.00% | −0.49 | #1185 | | FY 2023-24 | 17.02 | 0.0005% | +28,266.67% | 0.05% | Nil | 0.0000% | −100.00% | 0.00% | +17.02 | #1006 | | FY 2024-25 | 6.24 | 0.0002% | −63.34% | 0.02% | Nil | 0.0000% | — | 0.00% | +6.24 | #1075 | - CAGR (7-year): exports 192.32%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 8902 export-import analysis ### Consistent export growth: 192.32% CAGR over 7 years India's exports under HSN Sub-Chapter 8902 have grown at a compound annual rate of 192.32% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹6.24 Crore in FY 2024-25. ### HSN Sub-Chapter 8902 ranked #1075 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 8902 ranks #1075 out of 1233 sub-chapters by total export value. Within Chapter 89, it ranks #7 of 8. By trade surplus, it ranks #487 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 8902 exports The strongest single-year export movement for HSN Sub-Chapter 8902 was recorded in FY 2023-24, when exports surged by 28,266.67% over the prior year. ### India maintains a trade surplus of ₹6.24 Crore in HSN Sub-Chapter 8902 goods In FY 2024-25, India's exports of ₹6.24 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹6.24 Crore — ranking #487 of 1233 by surplus magnitude. ### HSN Sub-Chapter 8902 contributes 0.02% of Chapter 89 exports — ranked #7 Among the 8 sub-chapters under Chapter 89, HSN Sub-Chapter 8902 ranks #7 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](https://busy.in/hsn/sub-chapter-8901/) | ₹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 (this hsn sub-chapter) | ₹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 | | --- | --- | | 8901 | [Cruise & Cargo Ships](https://busy.in/hsn/sub-chapter-8901/) | | 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/) |