Oil companies drill and produce offshore with rigs and platforms.
HSN code 89052000 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Floating or submersible drilling or production platforms, offshore rigs and floating production units used for oil and gas.
Offshore units are project assets with class, flag and offshore safety documents; delivery by tow or heavy-lift transport. Vessels are sold under a bill of sale with builder certificate, class society certificates (IRS, LR, DNV, ABS) or CE category, flag-state registration and deletion certificate, survey reports and export clearance; delivery is afloat, by heavy-lift transport or in containers for small craft, with engines and equipment listed on the invoice.
Related HSN Codes (Heading 8905)
Frequently Asked Questions
No. HSN 89052000 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
They are offshore drilling and production platforms.
HSN 89052000 falls under Chapter 89 and Heading 8905 of India's customs tariff schedule.
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