Chapter 86 of the GST framework covers Railway Or Tramway Locomotive, and HSN Code 86069120 specifically identifies Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard 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 86069120
For Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes classified under HSN Code 86069120, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. u is the prescribed measurement for Railway Or Tramway Locomotive under Chapter 86.
Who Should Use HSN Code 86069120?
Manufacturers, wholesalers, retailers, and exporters dealing in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes are required to mention HSN 86069120 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
Looking to deal in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes? GST registration is your first compliance requirement for HSN 86069120 goods. International traders in Railway Or Tramway Locomotive products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate application of HSN Code 86069120 for Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 86 – Railway Or Tramway Locomotive should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes under HSN 86069120 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes must mention HSN Code 86069120 on invoices. This Railway Or Tramway Locomotive classification applies to all sales channels under Chapter 86.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes under HSN 86069120.
GST rates for Railway Or Tramway Goods Vans And Wagons, Not Self-Propelled - Other: Covered And Closed : Broad Guage Eight Wheeler Covered Wagons Of Pay-Load Not Exceeding 60 Tonnes and other Railway Or Tramway Locomotive products under Chapter 86 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.