Within Chapter 87 – Vehicles Other Than Railway O, HSN Code 87029018 serves as the official classification for Other, Air-Conditioned. This code determines tax rates and compliance obligations for all entities trading in Other, Air-Conditioned. CGST applies at 14.00%, SGST/UTGST at 14.00% for local transactions, and IGST at 28.00% for interstate supplies. Measurement is standardized in 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 87029018
Tax liability for Other, Air-Conditioned under HSN 87029018 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 87029018?
Manufacturers, wholesalers, retailers, and exporters dealing in Other, Air-Conditioned are required to mention HSN 87029018 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 Other, Air-Conditioned? Complete GST registration to legally collect taxes on goods under HSN 87029018. 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 HSN Code 87029018 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)
How many digits of HSN Code 87029018 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 87029018 for accurate classification of Other, Air-Conditioned.
Can I claim input tax credit on Other, Air-Conditioned purchases?
Yes, registered businesses can claim input tax credit on Other, Air-Conditioned purchases made under HSN 87029018. Ensure your supplier mentions correct HSN code and GST rates (14.00%, 14.00%) on the invoice.
What is the difference between CGST and IGST for HSN 87029018?
CGST at 14.00% plus SGST/UTGST at 14.00% applies when Other, Air-Conditioned is sold within the same state. IGST at 28.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Other, Air-Conditioned domestically?
No, Import Export Code is only required if you plan to import or export Other, Air-Conditioned internationally. For domestic trade within Vehicles Other Than Railway O, GST registration is sufficient.
