87036010 is the designated HSN classification for Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver, categorized under Chapter 87 – Vehicles Other Than Railway O in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 14.00%, SGST/UTGST at 14.00% for local transactions, and IGST at 28.00% for interstate supplies. Quantities are measured in u 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 87036010
The taxation of Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver under HSN Code 87036010 depends on supply location. Intrastate transactions require CGST at 14.00% and SGST/UTGST at 14.00%. Interstate supplies are charged IGST at 28.00%. Invoices should consistently use u for Vehicles Other Than Railway O goods under Chapter 87.
Who Should Use HSN Code 87036010?
Manufacturers, wholesalers, retailers, and exporters dealing in Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver are required to mention HSN 87036010 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 Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver? Complete GST registration to legally collect taxes on goods under HSN 87036010. 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
Correct HSN Code 87036010 application for Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver 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)
What is the unit of measurement for HSN 87036010?
The standard unit of measurement for Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver under HSN Code 87036010 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 87036010 mandatory for small businesses?
Yes, businesses dealing in Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver must use HSN 87036010 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 87036010 for Vehicles Other Than Railway O goods before invoicing.
Do I need AD Code registration for exporting Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver?
Yes, AD Code registration is required for exporters dealing in Vehicles Principally Designed For Transport Of More Than Seven Persons, Including Driver under Vehicles Other Than Railway O. This registration links your bank account to process foreign currency payments from overseas buyers.
