HSN Code 86071930 provides the tax classification for Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) under Chapter 86 – Railway Or Tramway Locomotive of the GST tariff. Businesses dealing in Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is kg..
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 86071930
For Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) classified under HSN Code 86071930, 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. kg. is the prescribed measurement for Railway Or Tramway Locomotive under Chapter 86.
Who Should Use HSN Code 86071930?
Any business engaged in supplying Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) must apply HSN 86071930 on invoices. The Railway Or Tramway Locomotive category under Chapter 86 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Looking to deal in Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box)? GST registration is your first compliance requirement for HSN 86071930 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
Correct HSN Code 86071930 application for Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 86 – Railway Or Tramway Locomotive through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 86071930 used for?
HSN Code 86071930 is used to classify Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) under Chapter 86 – Railway Or Tramway Locomotive for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 86071930?
For Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box), CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box)?
Yes, GST registration is mandatory for businesses dealing in Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box) under HSN 86071930. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Parts Of Railway Or Tramway Locomotives Or Rolling-Stock - Bogies, Bissel-Bogies, Axles And Wheels, And Parts Thereof : Other Including Parts : Axle Boxes (Lubricating Or Grease Box)?
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.
