--- title: "8908 HSN Code | HSN Code for Vessels for breaking up in India" description: "Know more about 8908 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 8908 covering Vessels for breaking up." canonical: "https://busy.in/hsn/sub-chapter-8908/" --- # HSN Sub-chapter 8908: Vessels for breaking up Vessels and other floating structures for breaking up 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 | | --- | --- | | 89080000 | [Vessels: Breaking up](https://busy.in/hsn/hsn-89080000/) | ## Frequently asked questions ### What products are classified under HSN 8908 It includes Vessels for breaking up ### Can I claim ITC on inputs and services used for Vessels for breaking up? If your outward supply of Vessels for breaking up 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. ### Any special steps when selling Vessels for breaking up through an e‑commerce platform? Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns. ### Is the composition scheme suitable if I mainly trade Vessels for breaking up? 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. ### Does MRP, weight or pack size change GST treatment for Vessels for breaking up? 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. ### Do spares or accessories of Vessels for breaking up 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. ## India's trade performance: HSN Sub-Chapter 8908 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−99.82% YoY) — 0.0000% of India's total exports - Imports: ₹4,443 Cr (+3.68% YoY) — 0.0729% of India's total imports - Trade balance: −₹4,443 Cr (Deficit); surplus rank #1104 of 1233 sub-chapters - Share of Chapter 89: 0.00% of its exports; import side 11.33% - Rank within Chapter 89: #8 of 8 by export value; import-side #4 ### Key metrics - Export CAGR: -30.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1191 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +84,500.00% in FY 2023-24 - Contribution to Ch. 89: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 8908 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% | 5,274.87 | 0.1469% | — | 12.93% | −5,274.60 | #1167 | | FY 2019-20 | 1.35 | 0.0001% | +400.00% | 0.00% | 4,610.52 | 0.1374% | −12.59% | 11.40% | −4,609.17 | #1113 | | FY 2020-21 | 119.26 | 0.0055% | +8,734.07% | 0.36% | 4,360.72 | 0.1497% | −5.42% | 14.09% | −4,241.46 | #692 | | FY 2021-22 | 5.24 | 0.0002% | −95.61% | 0.02% | 6,161.88 | 0.1348% | +41.30% | 19.52% | −6,156.64 | #1062 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −99.62% | 0.00% | 5,639.60 | 0.0981% | −8.48% | 9.91% | −5,639.58 | #1197 | | FY 2023-24 | 16.92 | 0.0005% | +84,500.00% | 0.05% | 4,285.81 | 0.0763% | −24.01% | 13.78% | −4,268.89 | #1007 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −99.82% | 0.00% | 4,443.39 | 0.0729% | +3.68% | 11.33% | −4,443.36 | #1191 | - CAGR (7-year): exports -30.66%/yr, imports -2.82%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 8908 export-import analysis ### Export decline: -30.66% CAGR over 7 years India's exports under HSN Sub-Chapter 8908 have declined at a compound annual rate of -30.66% over 7 fiscal years, falling from ₹0.27 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Sub-Chapter 8908 ranked #1191 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 8908 ranks #1191 out of 1233 sub-chapters by total export value. Within Chapter 89, it ranks #8 of 8. By trade surplus, it ranks #1104 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 8908 exports The strongest single-year export movement for HSN Sub-Chapter 8908 was recorded in FY 2023-24, when exports surged by 84,500.00% over the prior year. ### India records a trade deficit of ₹4,443.36 Crore in HSN Sub-Chapter 8908 goods In FY 2024-25, India's imports of ₹4,443.39 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹4,443.36 Crore — ranking #1104 of 1233 by surplus magnitude. ### Import growth of -2.82% CAGR signals stable import dependency for Vessels for breaking up India's imports under HSN Sub-Chapter 8908 have grown at -2.82% CAGR, reaching ₹4,443.39 Crore in FY 2024-25. ### HSN Sub-Chapter 8908 contributes 0.00% of Chapter 89 exports — ranked #8 Among the 8 sub-chapters under Chapter 89, HSN Sub-Chapter 8908 ranks #8 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 11.33% share (rank #4). ## 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](https://busy.in/hsn/sub-chapter-8902/) | ₹6 Cr | | #8 | HSN Sub-Chapter 8908: Vessels for breaking up (this hsn sub-chapter) | < ₹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/) | | 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/) |