8907 HSN Code: Floating structures & buoys

HSN Sub Chapter 8907 represents Floating structures & buoys under GST classification. This code helps businesses identify Floating structures & buoys correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8907, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Floating structures & buoys.

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New GST Rate for HSN Code 8907

GST Rate for Floating structures & buoys under HSN Code 8907. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

89

HSN Code

8907

HSN Description

Other floating structures ( for example, rafts, tanks, coffer-dams, landing-stages, buoys and beacons)

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 8907

Following tariff HSN codes fall under Floating structures & buoys.

Tariff HSN

89071000

Description

Inflatable rafts

Tariff HSN

89079000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 8907 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

₹67 Cr

+98.55% vs FY 2023-24

0.0018% of India’s total exports

India’s Imports

FY 2024-25

₹60 Cr

+6.82% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

₹7 Cr

Trade Surplus

Surplus rank #484 of 1233 subchapters

% of Chapter 89

FY 2024-25

0.19%

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

Import side: 0.15% of Chapter 89’s imports

Rank Within Chapter 89

FY 2024-25

#5 of 8

Position by export value among subchapters in Chapter 89

Import-side rank: #6 of 8

At a glance

9.38%

Export CAGR

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

#877

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+98.55%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.19%

Contribution to Ch. 89

Share of Chapter 89 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8907

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 #869

Balance

−24.20

Exports

39.10 ₹ Cr

0.0017% share

— YoY

0.10% of Ch. 89

Imports

63.30 ₹ Cr

0.0018% share

— YoY

0.16% of Ch. 89

FY 2019-20 Exp. Rank #972

Balance

−29.46

Exports

14.73 ₹ Cr

0.0007% share

−62.33% YoY

0.05% of Ch. 89

Imports

44.19 ₹ Cr

0.0013% share

−30.19% YoY

0.11% of Ch. 89

FY 2020-21 Exp. Rank #934

Balance

−49.02

Exports

22.25 ₹ Cr

0.0010% share

+51.05% YoY

0.07% of Ch. 89

Imports

71.27 ₹ Cr

0.0024% share

+61.28% YoY

0.23% of Ch. 89

FY 2021-22 Exp. Rank #936

Balance

−139.49

Exports

29.35 ₹ Cr

0.0009% share

+31.91% YoY

0.11% of Ch. 89

Imports

168.84 ₹ Cr

0.0037% share

+136.90% YoY

0.53% of Ch. 89

FY 2022-23 Exp. Rank #886

Balance

−177.39

Exports

50.85 ₹ Cr

0.0014% share

+73.25% YoY

0.16% of Ch. 89

Imports

228.24 ₹ Cr

0.0040% share

+35.18% YoY

0.40% of Ch. 89

FY 2023-24 Exp. Rank #953

Balance

−22.86

Exports

33.73 ₹ Cr

0.0009% share

−33.67% YoY

0.10% of Ch. 89

Imports

56.59 ₹ Cr

0.0010% share

−75.21% YoY

0.18% of Ch. 89

FY 2024-25 Exp. Rank #877

Balance

+6.52

Exports

66.97 ₹ Cr

0.0018% share

+98.55% YoY

0.19% of Ch. 89

Imports

60.45 ₹ Cr

0.0010% share

+6.82% YoY

0.15% of Ch. 89

CAGR · 7-Year

Exports

9.38% /yr

Imports

−0.76% /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 8907 Export-Import Analysis

Consistent Export Growth: 9.38% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8907 have grown at a compound annual rate of 9.38% over 7 fiscal years, rising from ₹39.10 Crore in FY 2018-19 to ₹66.97 Crore in FY 2024-25.

HSN Sub-Chapter 8907 Ranked #877 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8907 ranks #877 out of 1233 subchapters by total export value. Within Chapter 89, it ranks #5 of 8. By trade surplus, it ranks #484 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 8907 Exports

The strongest single-year export movement for HSN Sub-Chapter 8907 was recorded in FY 2024-25, when exports surged by 98.55% over the prior year.

India Maintains a Trade Surplus of ₹6.52 Crore in HSN Sub-Chapter 8907 Goods

In FY 2024-25, India's exports of ₹66.97 Cr exceeded imports of ₹60.45 Cr, resulting in a trade surplus of ₹6.52 Crore — ranking #484 of 1233 by surplus magnitude.

Import Growth of −0.76% CAGR Signals Stable Import Dependency for Floating structures & buoys

India's imports under HSN Sub-Chapter 8907 have grown at −0.76% CAGR, reaching ₹60.45 Crore in FY 2024-25.

HSN Sub-Chapter 8907 Contributes 0.19% of Chapter 89 Exports — Ranked #5

Among the 8 subchapters under Chapter 89, HSN Sub-Chapter 8907 ranks #5 by export value — accounting for 0.19% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8907 and GST compliance.

What products are classified under HSN 8907

It includes Floating structures & buoys

Does MRP, weight or pack size change GST treatment for Floating structures & buoys?

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 Floating structures & buoys?

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.

What are the e‑way bill and e‑invoice points while moving Floating structures & buoys?

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.

Can I claim ITC on inputs and services used for Floating structures & buoys?

If your outward supply of Floating structures & buoys 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.

If I repair and return Floating structures & buoys, 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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