8906 HSN Code: Vessels and warships

HSN Sub Chapter 8906 represents Vessels and warships under GST classification. This code helps businesses identify Vessels and warships correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8906, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vessels and warships.

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New GST Rate for HSN Code 8906

GST Rate for Vessels and warships under HSN Code 8906. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

89

HSN Code

8906

HSN Description

Other vessels, including warships and lifeboats other than rowing boats

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 8906

Following tariff HSN codes fall under Vessels and warships.

Tariff HSN

89061000

Description

Warships

Tariff HSN

89069000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 8906 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

₹4,105 Cr

−12.82% vs FY 2023-24

0.1108% of India’s total exports

India’s Imports

FY 2024-25

₹5,706 Cr

+84.46% vs FY 2023-24

0.0936% of India’s total imports

Trade Balance

FY 2024-25

−₹1,601 Cr

Trade Deficit

Surplus rank #1008 of 1233 subchapters

% of Chapter 89

FY 2024-25

11.35%

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

Import side: 14.55% of Chapter 89’s imports

Rank Within Chapter 89

FY 2024-25

#3 of 8

Position by export value among subchapters in Chapter 89

Import-side rank: #3 of 8

At a glance

2.84%

Export CAGR

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

#151

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+126.72%

Peak Growth Year

FY 2022-23 · strongest single-year move

11.35%

Contribution to Ch. 89

Share of Chapter 89 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8906

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 #130

Balance

+1,507.90

Exports

3,470.10 ₹ Cr

0.1512% share

— YoY

8.84% of Ch. 89

Imports

1,962.20 ₹ Cr

0.0546% share

— YoY

4.81% of Ch. 89

FY 2019-20 Exp. Rank #217

Balance

−3,844.42

Exports

1,561.13 ₹ Cr

0.0707% share

−55.01% YoY

4.86% of Ch. 89

Imports

5,405.55 ₹ Cr

0.1611% share

+175.48% YoY

13.37% of Ch. 89

FY 2020-21 Exp. Rank #286

Balance

−260.58

Exports

1,116.25 ₹ Cr

0.0519% share

−28.50% YoY

3.34% of Ch. 89

Imports

1,376.83 ₹ Cr

0.0473% share

−74.53% YoY

4.45% of Ch. 89

FY 2021-22 Exp. Rank #232

Balance

+1,128.68

Exports

1,964.57 ₹ Cr

0.0626% share

+76.00% YoY

7.28% of Ch. 89

Imports

835.89 ₹ Cr

0.0183% share

−39.29% YoY

2.65% of Ch. 89

FY 2022-23 Exp. Rank #140

Balance

−3,553.38

Exports

4,454.04 ₹ Cr

0.1230% share

+126.72% YoY

13.73% of Ch. 89

Imports

8,007.42 ₹ Cr

0.1393% share

+857.95% YoY

14.07% of Ch. 89

FY 2023-24 Exp. Rank #135

Balance

+1,615.21

Exports

4,708.62 ₹ Cr

0.1301% share

+5.72% YoY

14.02% of Ch. 89

Imports

3,093.41 ₹ Cr

0.0551% share

−61.37% YoY

9.95% of Ch. 89

FY 2024-25 Exp. Rank #151

Balance

−1,601.30

Exports

4,104.78 ₹ Cr

0.1108% share

−12.82% YoY

11.35% of Ch. 89

Imports

5,706.08 ₹ Cr

0.0936% share

+84.46% YoY

14.55% of Ch. 89

CAGR · 7-Year

Exports

2.84% /yr

Imports

19.47% /yr

Consistently Deficit
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 8906 Export-Import Analysis

Consistent Export Growth: 2.84% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8906 have grown at a compound annual rate of 2.84% over 7 fiscal years, rising from ₹3,470.10 Crore in FY 2018-19 to ₹4,104.78 Crore in FY 2024-25.

HSN Sub-Chapter 8906 Ranked #151 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8906 ranks #151 out of 1233 subchapters by total export value. Within Chapter 89, it ranks #3 of 8. By trade surplus, it ranks #1008 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 8906 Exports

The strongest single-year export movement for HSN Sub-Chapter 8906 was recorded in FY 2022-23, when exports surged by 126.72% over the prior year.

India Records a Trade Deficit of ₹1,601.30 Crore in HSN Sub-Chapter 8906 Goods

In FY 2024-25, India's imports of ₹5,706.08 Cr exceeded exports of ₹4,104.78 Cr, resulting in a trade deficit of ₹1,601.30 Crore — ranking #1008 of 1233 by surplus magnitude.

Import Growth of 19.47% CAGR Signals Rising Demand for Vessels and warships

India's imports under HSN Sub-Chapter 8906 have grown at 19.47% CAGR, reaching ₹5,706.08 Crore in FY 2024-25.

HSN Sub-Chapter 8906 Contributes 11.35% of Chapter 89 Exports — Ranked #3

Among the 8 subchapters under Chapter 89, HSN Sub-Chapter 8906 ranks #3 by export value — accounting for 11.35% of the chapter's total exports in FY 2024-25. On the import side, it holds 14.55% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8906 and GST compliance.

What products are classified under HSN 8906

It includes Vessels and warships

Does packaging or branding change how GST applies to Vessels and warships?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Vessels and warships 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 I claim ITC on inputs and services used for Vessels and warships?

If your outward supply of Vessels and warships is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Can reverse charge ever apply to transactions involving Vessels and warships?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Vessels and warships are forward charge. Check the current notifications for any special cases before deciding.

How are warranty replacements of Vessels and warships 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.

If I repair and return Vessels and warships, 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.

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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