Under the GST regime, HSN Code 87029011 classifies Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle within Chapter 87 – Vehicles Other Than Railway O. This code is essential for businesses to correctly calculate and remit taxes on Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle. 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 87029011
Goods classified as Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle under HSN 87029011 are taxed based on transaction type. Local sales attract CGST at 14.00% plus SGST/UTGST at 14.00%. For supplies crossing state boundaries, IGST at 28.00% applies. Documentation must reflect u as the measurement standard for Chapter 87 – Vehicles Other Than Railway O products.
Who Should Use HSN Code 87029011?
Manufacturers, wholesalers, retailers, and exporters dealing in Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle are required to mention HSN 87029011 on all tax documents. This classification under Vehicles Other Than Railway O applies to businesses of all sizes operating within Chapter 87. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle? Complete GST registration to legally collect taxes on goods under HSN 87029011. 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 87029011 for Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle 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)
What is HSN Code 87029011 used for?
HSN Code 87029011 is used to classify Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle under Chapter 87 – Vehicles Other Than Railway O 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 87029011?
For Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle, CGST applies at 14.00% and SGST/UTGST at 14.00% for intrastate supplies. Interstate transactions are taxed under IGST at 28.00%.
Do I need GST registration to trade in Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle?
Yes, GST registration is mandatory for businesses dealing in Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle under HSN 87029011. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other Vehicles For Transport Of Not More Than13 Persons, Including The Driver: Integrated Monocoque Vehicle?
For importing goods under Vehicles Other Than Railway O, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
