Chapter 87 of the GST framework covers Vehicles Other Than Railway O, and HSN Code 87029012 specifically identifies 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:Air-Conditioned Vehicle for taxation purposes. This classification is mandatory for all businesses engaged in the supply of 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:Air-Conditioned Vehicle. Tax rates applicable include CGST at 0.14, SGST/UTGST at 0.14, and IGST at 0.28 for interstate movements. The standard 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 87029012
The tax structure 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:Air-Conditioned Vehicle under HSN Code 87029012 follows a dual taxation model. CGST is levied at 0.14 and SGST/UTGST at 0.14 for intrastate sales. Interstate transactions attract IGST at 0.28. 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 87029012?
All businesses supplying 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:Air-Conditioned Vehicle are obligated to use HSN 87029012 on tax invoices. From producers to retailers within Vehicles Other Than Railway O, Chapter 87 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal 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:Air-Conditioned Vehicle? GST registration is your first compliance requirement for HSN 87029012 goods. International traders in Vehicles Other Than Railway O 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 87029012 application 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:Air-Conditioned Vehicle ensures smooth input credit utilization and assessment processes. Track 0.14, 0.14, and 0.28 rate changes for Chapter 87 – Vehicles Other Than Railway O through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 87029012?
The standard unit of measurement 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:Air-Conditioned Vehicle under HSN Code 87029012 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 87029012 mandatory for small businesses?
Yes, 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:Air-Conditioned Vehicle must use HSN 87029012 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code 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:Air-Conditioned Vehicle?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 87029012 for Vehicles Other Than Railway O goods before invoicing.
Do I need AD Code registration for exporting 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:Air-Conditioned Vehicle?
Yes, AD Code registration is required for 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:Air-Conditioned Vehicle under Vehicles Other Than Railway O. This registration links your bank account to process foreign currency payments from overseas buyers.
