GST HSN Code List

GST Rate and HSN Code : Chapter 88

Get a detailed GST HSN Code List at our portal. Save your time and effort in finding GST rates for various goods and commodities. We make your search for GST rates in India for over various goods easy with our HSN Code List with GST rates 2024. Find complete product description, HS Code and GST rates.

GST HSN Code List with GST rates 2024

HS Code	Item Description	GST
880100	Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft	0.18
88010010	GLIDERS AND HANG GLIDERS	0.18
88010020	BALLONS	0.18
88010090	OTHERS	0.18
880110	Gliders, without motor and not capable of being fitted with a motor, and hang gliders	0.18
88011000	*GLIDERS & HANG GLIDERS	0.18
880190	Kites and other non-powered aircraft, balloons and dirigibles (excluding gliders, hang gliders, children's kites and party balloons)	0.18
88019010	*BALLONS	0.18
88019090	*OTHERS	0.18
880211	Helicopters of an unladen weight = 2000 kg	0.05
88021100	HELICOPTERS OF AN UNLADEN WT<=2000 KG	0.05
880212	Helicopters of an unladen weight 2000 kg	0.05
88021200	HELICOPTERS OF AN UNLADEN WT> 2000 KG	0.05
880220	Aeroplanes and other powered aircraft of an unladen weight = 2000 kg (excluding helicopters and dirigibles)	0.05
88022000	AEROPLANES AND OTHER AIRCRAFT,OF AN UNLADE WEIGHT NOT EXCEEDING 2000 KG	0.05
880230	Aeroplanes and other powered aircraft of an unladen weight 2000 kg but = 15000 kg (excluding helicopters and dirigibles)	0.05
88023000	AEROPLANES AND OTHR AIRCRAFT,OF AN UNLADEN WEIGHT >2000 KG BUT NOT EXCDNG 15000 KG	0.05
880240	Aeroplanes and other powered aircraft of an of an unladen weight 15000 kg (excluding helicopters and dirigibles)	0.05
88024000	AEROPLANES AND OTHR AIRCRAFT,OF AN UNLADEN WEIGHT EXCEEDING 15000 KG	0.05
880260	Spacecraft, incl. satellites, and suborbital and spacecraft launch vehicles	0.05
88026000	SPCCRFT (INCL SATLTS AND SUBORBITAL) SPCCRFT LAUNCH VHCLS	0.05
880310	Propellers and rotors and parts thereof, for aircraft, n.e.s.	0.05
88031000	PROPELLERS AND ROTORS AND PRTS THEREOF	0.05
880320	Under-carriages and parts thereof, for aircraft, n.e.s.	0.05
88032000	UNDER CARRIAGES AND PARTS THEREOF	0.05
880330	Parts of aeroplanes or helicopters, n.e.s. (excluding those for gliders) ,Products include: Door Knob	0.05
88033000	OTHR PRTS OF AEROPLANES/HELICOPTERS Products Include: Ms Nut Bolt, Oxygen Cylinder, Turnbuckle, Civil, Door Knob, Door Knob	0.05
880390	Parts of aircraft and spacecraft, n.e.s. ,Products include: Fluke Multimeter	0.05
88039000	OTHR PARTS OF GOODS OF HDG 8801 OR 8802 ,Products include: Aircraft Spare Parts, Fluke Multimeter	0.05
880400	Parachutes, incl. dirigible parachutes and paragliders, and rotochutes; parts thereof and accessories thereto, n.e.s.	0.18
88040010	PARACHUTES AND PRTS THEREOF AND ACCSSRS THRTO	0.18
88040020	ROTOCHUTES AND PRTS THEREOF AND ACCSSRS THRTO	0.18
880510	Aircraft launching gear and parts thereof, n.e.s. (excluding motor winches for launching gliders); deck-arrestor or similar gear and parts thereof, n.e.s.	0.18
88051010	AIRCRAFT LAUNCHING GEAR	0.18
88051020	DECK ARRESTOR OR SIMILAR GEAR	0.18
88051030	PARTS OF AIRCRAFT LNCHNG/DECK ARSTR GEAR	0.18
880520	Ground flying trainers and parts thereof, n.e.s.	0.18
880521	Air combat simulators and parts thereof	0.18
88052100	AIR COMBAT SIMULATORS AND PARTS THEREOF	0.18
880529	Ground flying trainers and parts thereof, n.e.s. (excluding air combat simulators and parts thereof)	0.18
88052900	OTHER PARTS	0.18

What is GST?

Goods and Services Tax (GST) is a Single Tax Structure System introduced in 2017. GST works on One Nation, One Tax system. Earlier, there was a diverse tax system in India. There were various indirect taxes such as Value Added Tax (VAT), sale tax, purchase tax, service tax, surcharges, Excise duty, etc. Under the GST System, all the central and state taxes are merged into a single tax.

What are GST Rates for Goods & Services?

GST has refined the taxation sector in India. It helps in unifying all taxes for various goods and services. There are a large number of goods, commodities and services in India. So, they are put under 5 different slabs of GST rates-

NIL: Under this slab 0% tax is charged on the goods or services.
5%: Under this slab 5% tax is charged on the goods and services.
12%: Under this slab 12% tax is charged on the goods and services.
18%: Under this slab 18% tax is charged on the goods and services.
28%: Under this slab 28% tax is charged on the goods and services.

Important Note: Gold and other precious metals are excluded and put under 3% tax slab.

What is an HSN Code?

HSN Code stands for Harmonized System of Nomenclature. An HSN Code is a unique 6 to10 digit number developed for the identification of goods and products. This system was established in 1988 by the World Customs Organization. The HSN Code system is operational in all parts of the world. It covers almost 90% of the goods traded globally. It is accepted by customs authorities for determining taxes on goods.

How does the HSN Code System in India Functions?

HSN Codes held a great significance in Import-Export Procedures of India. In India, it is called ITC (Indian Trade Clarification)-HS Code. An ITC HS Code is recognized from its Chapter, Heading, Subheading and Regional Tariff. It consists of 8 digits.

Let’s take an example: Suppose we are given an HS Code- 6006840000

Chapter: The First two digits (60) denotes chapter
Heading: Next two digits (06) denote headings.
Subheading: Further, two digits (84) denote subheadings.
Regional Tariff: Second Last Two digits (00) denote Regional Tariff.
National Tariff: Last Two Digits (00) indicates National Tariff.

How many sections, chapters, heading and subheading Does HS Code System Covers?

There are around 21 sections, 99 chapters, 5,222 heading and 1,244 subheadings in the Harmonised system of Nomenclature.

What is the use of HSN Code in GST?

Ever since the arrival of GST, it is mandatory to mention HSN Code for your product. HSN Codes are needed to be mentioned on invoices, bills or filing GST returns. HSN Code helps taxpayers to evaluate GST rates of various products. An incorrect HSN Code can create a big hurdle in the customs clearance process.

How can I find HSN Code List with GST Rates?

You can find a complete HSN Code List with GST rates at Exim Trade Data portal.