Within Chapter 87 – Vehicles Other Than Railway O, HSN Code 87043200 serves as the official classification for Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes. This code determines tax rates and compliance obligations for all entities trading in Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes. CGST applies at 0.14, SGST/UTGST at 0.14 for local transactions, and IGST at 0.28 for interstate supplies. Measurement is standardized in 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 87043200

For Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes classified under HSN Code 87043200, tax computation follows GST principles. CGST at 0.14 plus SGST/UTGST at 0.14 covers intrastate sales. IGST at 0.28 applies to interstate transactions. u is the prescribed measurement for Vehicles Other Than Railway O under Chapter 87.

Who Should Use HSN Code 87043200?

Every entity transacting in Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes must quote HSN Code 87043200 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

Starting a business involving Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes? GST registration is mandatory for collecting and remitting taxes on HSN 87043200 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

Proper use of HSN Code 87043200 for Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes streamlines audit processes and supports valid credit claims. Stay updated on 0.14, 0.14, and 0.28 rates for Chapter 87 – Vehicles Other Than Railway O through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 87043200 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 87043200 for accurate classification of Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes.

Can I claim input tax credit on Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes purchases?

Yes, registered businesses can claim input tax credit on Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes purchases made under HSN 87043200. Ensure your supplier mentions correct HSN code and GST rates (0.14, 0.14) on the invoice.

What is the difference between CGST and IGST for HSN 87043200?

CGST at 0.14 plus SGST/UTGST at 0.14 applies when Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes is sold within the same state. IGST at 0.28 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes domestically?

No, Import Export Code is only required if you plan to import or export Vehicles Other Than Railway Or Tramway Rolling-Stock, And Parts And Accessories Thereof~Motor Vehicles For The Transport Of Goods~G.V.W. Exceeding 5 Tonnes~G.V.W. Exceeding 5 Tonnes internationally. For domestic trade within Vehicles Other Than Railway O, GST registration is sufficient.

More HSN codes from Chapter 87

Back to Top