87043120 is the designated HSN classification for Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles, 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 Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles 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 87043120
Goods classified as Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles under HSN 87043120 are taxed based on transaction type. Local sales attract CGST at N.a. plus SGST/UTGST at N.a.. For supplies crossing state boundaries, IGST at N.a. applies. Documentation must reflect N.a as the measurement standard for Chapter 87 – Vehicles Other Than Railway O products.
Who Should Use HSN Code 87043120?
Manufacturers, wholesalers, retailers, and exporters dealing in Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles are required to mention HSN 87043120 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 Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles? Complete GST registration to legally collect taxes on goods under HSN 87043120. 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
Using HSN Code 87043120 accurately for Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles avoids compliance issues and facilitates credit claims. Monitor changes to N.a., N.a., and N.a. rates for Chapter 87 – Vehicles Other Than Railway O to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
HSN Code 87043120 is used to classify Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles under Chapter 87 – Vehicles Other Than Railway O for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles, CGST applies at N.a. and SGST/UTGST at N.a. for intrastate supplies. Interstate transactions are taxed under IGST at N.a..
Yes, GST registration is mandatory for businesses dealing in Motor Vehicles For The Transport Of Goods Other, With Spark-Ignition Internal Combustion Piston Engine : G.V.W. Not Exceeding 5 Tonnes Three-Wheeled Motor Vehicles under HSN 87043120. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Vehicles Other Than Railway O, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.