HSN Code 86063000 provides the tax classification for Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 under Chapter 86 – Railway Or Tramway Locomotive of the GST tariff. Businesses dealing in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is u.

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... 86040000 Railway Or Tramway Maintenance Or Service Vehicles... N.a. N.a. N.a.
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.

GST Rates for HSN 86063000

For Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 classified under HSN Code 86063000, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. u is the prescribed measurement for Railway Or Tramway Locomotive under Chapter 86.

Who Should Use HSN Code 86063000?

Manufacturers, wholesalers, retailers, and exporters dealing in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 are required to mention HSN 86063000 on all tax documents. This classification under Railway Or Tramway Locomotive applies to businesses of all sizes operating within Chapter 86. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Commencing trade in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10? Secure GST registration to handle taxes on HSN 86063000 classified goods. Businesses with international operations in Railway Or Tramway Locomotive need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Correct HSN Code 86063000 application for Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 86 – Railway Or Tramway Locomotive through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 86063000 belong to?

HSN Code 86063000 falls under Chapter 86 – Railway Or Tramway Locomotive in the GST tariff schedule. This chapter covers various goods including Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10.

Is IGST applicable on Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10?

Yes, IGST at 0.18 is applicable when Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.

Can e-commerce sellers use HSN Code 86063000?

Yes, e-commerce sellers dealing in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Self-Discharging Vans And Wagons, Other Than Those Of Sub-Heading 8606 10 must use HSN 86063000 on their invoices. This applies to all online platforms operating under Railway Or Tramway Locomotive classification.

How do I start an import business for Railway Or Tramway Locomotive goods?

To import goods under Railway Or Tramway Locomotive, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

More HSN codes from Chapter 86

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