Under the GST regime, HSN Code 87023018 classifies Other, Air-Conditioned within Chapter 87 – Vehicles Other Than Railway O. This code is essential for businesses to correctly calculate and remit taxes on Other, Air-Conditioned. The applicable rates are CGST at 14.00%, SGST/UTGST at 14.00% for within-state sales, and IGST at 28.00% for interstate supplies. Goods are quantified using 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 87023018

The tax structure for Other, Air-Conditioned under HSN Code 87023018 follows a dual taxation model. CGST is levied at 14.00% and SGST/UTGST at 14.00% for intrastate sales. Interstate transactions attract IGST at 28.00%. All invoices must record quantities in u as the standard measurement for goods under Chapter 87 – Vehicles Other Than Railway O.

Who Should Use HSN Code 87023018?

Traders, manufacturers, and importers of Other, Air-Conditioned are required to mention HSN Code 87023018 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

Commencing trade in Other, Air-Conditioned? Secure GST registration to handle taxes on HSN 87023018 classified goods. Businesses with international operations in Vehicles Other Than Railway O 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

Accurate HSN Code 87023018 usage for Other, Air-Conditioned simplifies reconciliation and protects against penalties. Keep current with 14.00%, 14.00%, and 28.00% updates for Chapter 87 – Vehicles Other Than Railway O to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 87023018 belong to?

HSN Code 87023018 falls under Chapter 87 – Vehicles Other Than Railway O in the GST tariff schedule. This chapter covers various goods including Other, Air-Conditioned.

Is IGST applicable on Other, Air-Conditioned?

Yes, IGST at 28.00% is applicable when Other, 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.

Can e-commerce sellers use HSN Code 87023018?

Yes, e-commerce sellers dealing in Other, Air-Conditioned must use HSN 87023018 on their invoices. This applies to all online platforms operating under Vehicles Other Than Railway O classification.

How do I start an import business for Vehicles Other Than Railway O goods?

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.

More HSN codes from Chapter 87

Back to Top