$150KIndia’s exports in FY 2025-26
1countries bought from India
+15%against FY 2024-25 ($130K)
40pieces shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Nepal
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Motor vehicles for the transport of ten or more persons, including the driver [including buses for use in public transport, which exclusively run on Bio-fuels]Notification 9/2025-CT(R), Schedule II, entry 532
- 18% — Motor vehicles cleared as ambulances duly fitted with all the fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such motor vehiclesNotification 9/2025-CT(R), Schedule II, entry 533
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 8702.90
8702.90.29Motor vehicles for ten or more persons — other: Electrically operated vehicles not elsewhere included or specified, other, non air-conditioned$80K in FY 2025-268702.90.19Vehicles for transport of not more than 13 persons; including the driver: Other$50K in FY 2024-258702.90.28Motor vehicles for ten or more persons — other: Electrically operated vehicles not elsewhere included or specified, other, air-conditioned$30K in FY 2025-26