Rate of GST applicable for Aircraft and parts, spacecraft and parts

Posted on 25 April 2023 Category : GST rates

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Aircraft and parts, spacecraft and parts- What is the GST payable?

GST exemption items list, click here

Aircraft and parts, spacecraft and parts falls under HSN code chapter 88 of GST commodity tariff schedule. The details about GST rate changes for sale of aircraft and parts, spacecraft and parts are being updated here. The notification changes on exemptions for GST for sale of aircraft and parts, spacecraft and parts and other circulars related to GST for Aircraft and parts, spacecraft and parts are updated in this website.

Update on 18th May, 2017: GST rates for goods

Nil GST RATE;

1. Spacecraft (including satellites) and suborbital and spacecraft launch vehicles [8802 60 00]

2. 8803 – Parts of goods of heading 8801

Revised GST Rates with effect from 18th July, 2022

Present rate new rate

Parts of goods of heading 8801 Nil 18%

5% GST RATE;

1. 8802 - Other aircraft (for example, helicopters, aeroplanes), other than those for personal use

2. 8803 – Parts of goods of heading 8802

Revised GST Rates with effect from 18th July, 2022

Present rate new rate

Scientific and technical instruments to public funded research institutes 5% Applicable rate

18% GST RATE;

1. Balloons and dirigibles, gliders and other non-powered aircraft [8801].

2. Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto and parts thereof [8804].

3. Aircraft launching gear, deck arrestor or similar gear; ground flying trainers and parts thereof [8805]

Revised GST Rates on 18th January, 2018

Present rate new rate

88 Scientific and technical instruments, 18% 5%

apparatus, equipment, accessories, parts, components, spares,

tools, mock ups and modules, raw material and

consumables required for launch vehicles and satellites

and payloads

28% GST RATE;

All goods not specified elsewhere.

1. 8802 – Aircrafts for personal use

Revised IGST Rates on 18th January, 2018

Present rate new rate

88 Satellites and payloads and Scientific and 18% 5%

technical instruments, apparatus, equipment,

accessories, parts, components, spares, tools,

mock ups and modules, raw material and

consumables required for launch vehicles

and satellites and payloads

According to experts, “air travel is currently subject to lower service tax rates on account of the relaxation offered in the form of abatements on the value of air fare. The current service tax rate is effectively 6% for economy air tickets (after an abatement of 60% of the value of services) and 9% for non-economy tickets (after an abatement of 40% of the value of services). With the GST rate likely to be 18%-20%, the cost of air travel will consequently increase.”

Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services. Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.

Rate of GST applicable for Aircraft and parts, spacecraft and parts

Zero rate of GST on sale of Spacecraft

No need to pay GST on sale of spacecraft launch vehicles

Zero percentage of GST on sale of Satellites

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