87029092 is the designated HSN classification for Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle, categorized under Chapter 87 – Vehicles Other Than Railway O in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at N.a., SGST/UTGST at N.a. for local transactions, and IGST at N.a. for interstate supplies. Quantities are measured in N.a for billing purposes.
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 87029092
The taxation of Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle under HSN Code 87029092 depends on supply location. Intrastate transactions require CGST at N.a. and SGST/UTGST at N.a.. Interstate supplies are charged IGST at N.a.. Invoices should consistently use N.a for Vehicles Other Than Railway O goods under Chapter 87.
Who Should Use HSN Code 87029092?
Any business engaged in supplying Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle must apply HSN 87029092 on invoices. The Vehicles Other Than Railway O category under Chapter 87 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle market requires essential registrations. GST registration enables legal tax collection on HSN 87029092 goods. For cross-border trade in Vehicles Other Than Railway O items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 87029092 for Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 87 – Vehicles Other Than Railway O should monitor rate updates (N.a., N.a., N.a.) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 87029092 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 87029092 for accurate classification of Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle.
Can I claim input tax credit on Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle purchases?
Yes, registered businesses can claim input tax credit on Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle purchases made under HSN 87029092. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.
What is the difference between CGST and IGST for HSN 87029092?
CGST at N.a. plus SGST/UTGST at N.a. applies when Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle domestically?
No, Import Export Code is only required if you plan to import or export Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver Other :Air-Conditioned Vehicle internationally. For domestic trade within Vehicles Other Than Railway O, GST registration is sufficient.
