---
title: "8903 HSN Code | HSN Code for Pleasure Yachts & Boats in India"
description: "Know more about 8903 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 8903 covering Pleasure Yachts & Boats."
canonical: "https://busy.in/hsn/sub-chapter-8903/"
---

# HSN Sub-chapter 8903: Pleasure Yachts & Boats

Yachts and other vessels for pleasure or sports; rowing boats and canoes

Part of [Chapter 89: Floating Structures, Ships, Boats](https://busy.in/hsn/chapter-89/).

- Current GST rate: 18%
- Earlier GST rate: 5%

## HSN codes

| Code | Title |
| --- | --- |
| 89031000 | [Sail Boats (with/without motor)](https://busy.in/hsn/hsn-89031000/) |
| 89031100 | [Inflatable Boats (<=100kg, No Motor)](https://busy.in/hsn/hsn-89031100/) |
| 89031200 | [Non-Motorized Inflatable Boat (<=100kg)](https://busy.in/hsn/hsn-89031200/) |
| 89031900 | [Inflatable boats](https://busy.in/hsn/hsn-89031900/) |
| 89032100 | [Sailboats (≤7.5m, Non-Inflatable)](https://busy.in/hsn/hsn-89032100/) |
| 89032200 | [Sailboat (7.5-24m)](https://busy.in/hsn/hsn-89032200/) |
| 89032300 | [Sailboats (>24m, Non-Inflatable)](https://busy.in/hsn/hsn-89032300/) |
| 89033100 | [Yachts & Vessels for Pleasure or Sports (≤7.5m)](https://busy.in/hsn/hsn-89033100/) |
| 89033200 | [Motorboats (7.5 – 24m)](https://busy.in/hsn/hsn-89033200/) |
| 89033300 | [Motorboats (>24m, Non-Inflatable)](https://busy.in/hsn/hsn-89033300/) |
| 89039100 | [Motorboats (Non-Outboard)](https://busy.in/hsn/hsn-89039100/) |
| 89039200 | [Canoes](https://busy.in/hsn/hsn-89039200/) |
| 89039300 | [Other\| Of A Length Not Exceeding 7.5 M](https://busy.in/hsn/hsn-89039300/) |
| 89039900 | [Other Yachts, Canoes & Sport Vessels](https://busy.in/hsn/hsn-89039900/) |
| 89039910 | [Other Pleasure/Sport Vessels](https://busy.in/hsn/hsn-89039910/) |
| 89039990 | [Microfilm/Microfiche/Microform Cameras](https://busy.in/hsn/hsn-89039990/) |

## Frequently asked questions

### What products are classified under HSN 8903

It includes Pleasure Yachts & Boats

### What are the e‑way bill and e‑invoice points while moving Pleasure Yachts & Boats?

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.

### Any import/export nuance for Pleasure Yachts & Boats?

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.

### Does packaging or branding change how GST applies to Pleasure Yachts & Boats?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Pleasure Yachts & Boats 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.

### How should I document Pleasure Yachts & Boats sent for job work?

Use a delivery challan for sending Pleasure Yachts & Boats to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

### Does MRP, weight or pack size change GST treatment for Pleasure Yachts & Boats?

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 do I bill a kit or combo that includes Pleasure Yachts & Boats?

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 8903 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹16 Cr (+787.29% YoY) — 0.0004% of India's total exports
- Imports: ₹58 Cr (+179.90% YoY) — 0.0010% of India's total imports
- Trade balance: −₹42 Cr (Deficit); surplus rank #659 of 1233 sub-chapters
- Share of Chapter 89: 0.04% of its exports; import side 0.15%
- Rank within Chapter 89: #6 of 8 by export value; import-side #7

### Key metrics

- Export CAGR: 8.07% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1017 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +787.29% in FY 2024-25
- Contribution to Ch. 89: 0.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 8903

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 | 10.08 | 0.0004% | — | 0.03% | 46.35 | 0.0013% | — | 0.11% | −36.27 | #1007 |
| FY 2019-20 | 1.60 | 0.0001% | −84.13% | 0.01% | 10.06 | 0.0003% | −78.30% | 0.02% | −8.46 | #1107 |
| FY 2020-21 | 1.15 | 0.0001% | −28.13% | 0.00% | 11.64 | 0.0004% | +15.71% | 0.04% | −10.49 | #1121 |
| FY 2021-22 | 3.29 | 0.0001% | +186.09% | 0.01% | 8.09 | 0.0002% | −30.50% | 0.03% | −4.80 | #1089 |
| FY 2022-23 | 15.31 | 0.0004% | +365.35% | 0.05% | 18.48 | 0.0003% | +128.43% | 0.03% | −3.17 | #1007 |
| FY 2023-24 | 1.81 | 0.0001% | −88.18% | 0.01% | 20.85 | 0.0004% | +12.82% | 0.07% | −19.04 | #1126 |
| FY 2024-25 | 16.06 | 0.0004% | +787.29% | 0.04% | 58.36 | 0.0010% | +179.90% | 0.15% | −42.30 | #1017 |

- CAGR (7-year): exports 8.07%/yr, imports 3.91%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 8903 export-import analysis

### Consistent export growth: 8.07% CAGR over 7 years

India's exports under HSN Sub-Chapter 8903 have grown at a compound annual rate of 8.07% over 7 fiscal years, rising from ₹10.08 Crore in FY 2018-19 to ₹16.06 Crore in FY 2024-25.

### HSN Sub-Chapter 8903 ranked #1017 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 8903 ranks #1017 out of 1233 sub-chapters by total export value. Within Chapter 89, it ranks #6 of 8. By trade surplus, it ranks #659 of 1233.

### FY 2024-25 was the strongest growth year for HSN Sub-Chapter 8903 exports

The strongest single-year export movement for HSN Sub-Chapter 8903 was recorded in FY 2024-25, when exports surged by 787.29% over the prior year.

### India records a trade deficit of ₹42.30 Crore in HSN Sub-Chapter 8903 goods

In FY 2024-25, India's imports of ₹58.36 Cr exceeded exports of ₹16.06 Cr, resulting in a trade deficit of ₹42.30 Crore — ranking #659 of 1233 by surplus magnitude.

### Import growth of 3.91% CAGR signals stable import dependency for Pleasure Yachts & Boats

India's imports under HSN Sub-Chapter 8903 have grown at 3.91% CAGR, reaching ₹58.36 Crore in FY 2024-25.

### HSN Sub-Chapter 8903 contributes 0.04% of Chapter 89 exports — ranked #6

Among the 8 sub-chapters under Chapter 89, HSN Sub-Chapter 8903 ranks #6 by export value — accounting for 0.04% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #7).

## 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 (this hsn sub-chapter) | ₹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 |
| --- | --- |
| 8901 | [Cruise & Cargo Ships](https://busy.in/hsn/sub-chapter-8901/) |
| 8902 | [Fishing Vessels](https://busy.in/hsn/sub-chapter-8902/) |
| 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/) |