What is HSN Code 88040010?
HSN code 88040010 is the Harmonized System of Nomenclature classification for Parachutes (Including Dirigible Parachutes And Paragliders) And Parts And Accessories… under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.
This code belongs to Chapter 88 — Aircraft, Spacecraft, And Parts Thereof, which is part of Section XVII: Vehicles, Aircraft & Vessels. Every GST-registered business supplying parachutes (including dirigible parachutes and paragliders) and parts and accessories… must quote HSN 88040010 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.