Export HS Code 88040020 (Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: Rotochutes; parts and accessories thereof) to Micronesia

HS Code Details

Code	88040020
Description	Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: Rotochutes; parts and accessories thereof
Chapter	88
Section	XVII — Vehicles & Transport
Parent Code	880400 — Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and access
Duty Rate	Refer to destination country’s tariff schedule

🇫🇲 Micronesia

Capital	Palikir
Currency	US Dollar
Region	Oceania
Trade Agreement	No preferential agreement

Trade Snapshot

No recorded exports of parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: rotochutes; parts and accessories thereof to Micronesia. This could represent an untapped market opportunity.

Based on parent category HS 880400. Verify with the latest DGCIS data.

Exporting Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: Rotochutes; parts and accessories thereof to Micronesia

Exporting parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: rotochutes; parts and accessories thereof (HS Code 88040020) from India to Micronesia requires careful attention to documentation, packaging standards, and customs regulations.

Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Micronesia's import requirements including proper classification under HS 88040020, accurate valuation, and meeting any product-specific standards.

For customs declarations, use the 8-digit tariff code 88040020 which provides the most specific product classification under India's customs tariff.

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

Other Indian Exports to Micronesia

Top product categories exported from India to Micronesia

300490$130K

Other:

843890$90K

Parts:

391810$60K

Of polymers of vinyl chloride

300431$30K

Containing insulin:

300420$20K

Containing other antibiotics:

300410$20K

Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins

901890$10K

Other instruments and appliances :

360500$10K

Matches; other than pyrotechnic articles of heading 3604

Related Tariff Lines to Micronesia

Other 8-digit codes under HS 880400 with export guides for Micronesia

88040010

Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto: Parachutes (including dirigible parachutes and paragliders) and parts and accessories thereof