HSN Code 87023011 provides the tax classification for Integrated Monocoque Vehicle, Air-Conditioned under Chapter 87 – Vehicles Other Than Railway O of the GST tariff. Businesses dealing in Integrated Monocoque Vehicle, Air-Conditioned must use this code for proper invoicing and return filing. Applicable taxes include CGST at 14.00%, SGST/UTGST at 14.00%, and IGST at 28.00%. The recognized unit of measurement is u.
HSN Codes under Chapter 87 – Vehicles Other Than Railway O
Below are related HSN codes from Chapter 87 – Vehicles Other Than Railway O for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Vehicles Other Than Railway O... | 87011000 | Tractors (Other Than Tractors Of Heading 8709) Ped... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87012010 | Tractors (Other Than Tractors Of Heading 8709) Roa... | N.a. | N.a. | N.a. |
| Vehicles Other Than Railway O... | 87012090 | Tractors (Other Than Tractors Ofheading 8709) Road... | N.a. | N.a. | N.a. |
| Vehicles Other Than Railway O... | 87012100 | Vehicles Other Than Railway Or Tramway Rolling-Sto... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87012200 | Vehicles Other Than Railway Or Tramway Rolling-Sto... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87012300 | Vehicles Other Than Railway Or Tramway Rolling-Sto... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87012400 | Vehicles Other Than Railway Or Tramway Rolling-Sto... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87012900 | Vehicles Other Than Railway Or Tramway Rolling-Sto... | 0 | 0 | 0 |
| Vehicles Other Than Railway O... | 87013011 | Tractors (Other Than Tractors Ofheading 8709 Track... | 0.00% | 0.00% | 0.00% |
| Vehicles Other Than Railway O... | 87013019 | Tractors (Other Than Tractors Ofheading 8709 Track... | 0.00% | 0.00% | 0.00% |
GST Rates for HSN 87023011
Tax liability for Integrated Monocoque Vehicle, Air-Conditioned under HSN 87023011 varies by transaction geography. CGST at 14.00% combined with SGST/UTGST at 14.00% applies to local sales. Interstate movement attracts IGST at 28.00%. All billing for Chapter 87 – Vehicles Other Than Railway O products must use u.
Who Should Use HSN Code 87023011?
Traders, manufacturers, and importers of Integrated Monocoque Vehicle, Air-Conditioned are required to mention HSN Code 87023011 on all GST documents. This Vehicles Other Than Railway O classification under Chapter 87 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Planning to trade in Integrated Monocoque Vehicle, Air-Conditioned? Complete GST registration to legally collect taxes on goods under HSN 87023011. Businesses importing or exporting Vehicles Other Than Railway O products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate application of HSN Code 87023011 for Integrated Monocoque Vehicle, Air-Conditioned enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 87 – Vehicles Other Than Railway O should monitor rate updates (14.00%, 14.00%, 28.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 87023011 falls under Chapter 87 – Vehicles Other Than Railway O in the GST tariff schedule. This chapter covers various goods including Integrated Monocoque Vehicle, Air-Conditioned.
Yes, IGST at 28.00% is applicable when Integrated Monocoque Vehicle, Air-Conditioned is supplied interstate or imported. For local sales within a state, CGST at 14.00% and SGST/UTGST at 14.00% apply instead.
Yes, e-commerce sellers dealing in Integrated Monocoque Vehicle, Air-Conditioned must use HSN 87023011 on their invoices. This applies to all online platforms operating under Vehicles Other Than Railway O classification.
To import goods under Vehicles Other Than Railway O, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.