Under the GST regime, HSN Code 86040000 classifies Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) within Chapter 86 – Railway Or Tramway Locomotive. This code is essential for businesses to correctly calculate and remit taxes on Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles). The applicable rates are CGST at N.a., SGST/UTGST at N.a. for within-state sales, and IGST at N.a. for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 86 – Railway Or Tramway Locomotive
Below are related HSN codes from Chapter 86 – Railway Or Tramway Locomotive for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Railway Or Tramway Locomotive... | 86011000 | Rail Locomotives Powered From An External Source O... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86012000 | Rail Locomotives Powered From An External Source O... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86021000 | Other Rail Locomotives; Locomotive Tenders Diesel-... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86029010 | Other Rail Locomotives; Locomotive Tenders - Other... | 9.00% | 9.00% | 18.00% |
| Railway Or Tramway Locomotive... | 86029090 | Other Rail Locomotives; Locomotive Tenders - Other... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86031000 | Self-Propelled Railway Or Tramway Coaches, Vans An... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86039000 | Self-Propelled Railway Or Tramway Coaches, Vans An... | 0.09 | 0.09 | 0.18 |
| Railway Or Tramway Locomotive... | 86050000 | Railway Or Tramway Passenger Coaches, Not Self-Pr... | N.a. | N.a. | N.a. |
| Railway Or Tramway Locomotive... | 86061010 | Railway Or Tramway Goods Vans And Wagons, Not Self... | N.a. | N.a. | N.a. |
| Railway Or Tramway Locomotive... | 86061020 | Railway Or Tramway Goods Vans And Wagons, Not Self... | N.a. | N.a. | N.a. |
GST Rates for HSN 86040000
For Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) classified under HSN Code 86040000, tax computation follows GST principles. CGST at N.a. plus SGST/UTGST at N.a. covers intrastate sales. IGST at N.a. applies to interstate transactions. N.a is the prescribed measurement for Railway Or Tramway Locomotive under Chapter 86.
Who Should Use HSN Code 86040000?
Every entity transacting in Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) must quote HSN Code 86040000 on invoices. This includes traders, distributors, and e-commerce sellers operating under Railway Or Tramway Locomotive. Chapter 86 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles)? GST registration is mandatory for collecting and remitting taxes on HSN 86040000 goods. Companies planning international trade within Railway Or Tramway Locomotive must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 86040000 usage for Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) simplifies reconciliation and protects against penalties. Keep current with N.a., N.a., and N.a. updates for Chapter 86 – Railway Or Tramway Locomotive to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 86040000 is used to classify Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) under Chapter 86 – Railway Or Tramway Locomotive for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles), CGST applies at N.a. and SGST/UTGST at N.a. for intrastate supplies. Interstate transactions are taxed under IGST at N.a..
Yes, GST registration is mandatory for businesses dealing in Railway Or Tramway Maintenance Or Service Vehicles Whether Or Not Self-Propelled (For Example, Workshops, Cranes, Ballast Tampers, Track-Liners,Testing Coaches And Track Inspection Vehicles) under HSN 86040000. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Railway Or Tramway Locomotive, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.