HSN Code 87034020 provides the tax classification for Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like under Chapter 87 – Vehicles Other Than Railway O of the GST tariff. Businesses dealing in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like must use this code for proper invoicing and return filing. Applicable taxes include CGST at 14.00%, SGST/UTGST at 14.00%, and IGST at 28.00%. The recognized 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 87034020
For Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like classified under HSN Code 87034020, tax computation follows GST principles. CGST at 14.00% plus SGST/UTGST at 14.00% covers intrastate sales. IGST at 28.00% applies to interstate transactions. u is the prescribed measurement for Vehicles Other Than Railway O under Chapter 87.
Who Should Use HSN Code 87034020?
Every entity transacting in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like must quote HSN Code 87034020 on invoices. This includes traders, distributors, and e-commerce sellers operating under Vehicles Other Than Railway O. Chapter 87 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like? Secure GST registration to handle taxes on HSN 87034020 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
Correct HSN Code 87034020 application for Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like ensures smooth input credit utilization and assessment processes. Track 14.00%, 14.00%, and 28.00% rate changes for Chapter 87 – Vehicles Other Than Railway O through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like under HSN Code 87034020 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like must use HSN 87034020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 87034020 for Vehicles Other Than Railway O goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like under Vehicles Other Than Railway O. This registration links your bank account to process foreign currency payments from overseas buyers.