Under the GST regime, HSN Code 87035010 classifies Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver within Chapter 87 – Vehicles Other Than Railway O. This code is essential for businesses to correctly calculate and remit taxes on Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver. 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 87035010
For Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver classified under HSN Code 87035010, 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 87035010?
All businesses supplying Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver are obligated to use HSN 87035010 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
Starting a business involving Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver? GST registration is mandatory for collecting and remitting taxes on HSN 87035010 goods. Companies planning international trade within Vehicles Other Than Railway O must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate application of HSN Code 87035010 for Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver 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)
Which chapter does HSN Code 87035010 belong to?
HSN Code 87035010 falls under Chapter 87 – Vehicles Other Than Railway O in the GST tariff schedule. This chapter covers various goods including Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver.
Is IGST applicable on Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver?
Yes, IGST at 28.00% is applicable when Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver is supplied interstate or imported. For local sales within a state, CGST at 14.00% and SGST/UTGST at 14.00% apply instead.
Can e-commerce sellers use HSN Code 87035010?
Yes, e-commerce sellers dealing in Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver must use HSN 87035010 on their invoices. This applies to all online platforms operating under Vehicles Other Than Railway O classification.
How do I start an import business for Vehicles Other Than Railway O goods?
To import goods under Vehicles Other Than Railway O, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
