HSN Code 87035020 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 87035020

Goods classified as Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like under HSN 87035020 are taxed based on transaction type. Local sales attract CGST at 14.00% plus SGST/UTGST at 14.00%. For supplies crossing state boundaries, IGST at 28.00% applies. Documentation must reflect u as the measurement standard for Chapter 87 – Vehicles Other Than Railway O products.

Who Should Use HSN Code 87035020?

Any business engaged in supplying Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like must apply HSN 87035020 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

Planning to trade in Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like? Complete GST registration to legally collect taxes on goods under HSN 87035020. 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 87035020 usage for Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like 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 87035020 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 87035020 for accurate classification of Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like.

Can I claim input tax credit on Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like purchases?

Yes, registered businesses can claim input tax credit on Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like purchases made under HSN 87035020. 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 87035020?

CGST at 14.00% plus SGST/UTGST at 14.00% applies when Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like 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 Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like domestically?

No, Import Export Code is only required if you plan to import or export Specialised Transport Vehicles Such As Ambulances, Prison Vans And The Like internationally. For domestic trade within Vehicles Other Than Railway O, GST registration is sufficient.

More HSN codes from Chapter 87

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