87049019 is the designated HSN classification for Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other, 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 : Lorries And Trucks: Other 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 87049019

Tax liability for Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other under HSN 87049019 varies by transaction geography. CGST at 14.00% combined with SGST/UTGST at 14.00% applies to local sales. Interstate movement attracts IGST at 28.00%. All billing for Chapter 87 – Vehicles Other Than Railway O products must use u.

Who Should Use HSN Code 87049019?

All businesses supplying Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other are obligated to use HSN 87049019 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

Commencing trade in Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other? Secure GST registration to handle taxes on HSN 87049019 classified goods. Businesses with international operations in Vehicles Other Than Railway O need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Using HSN Code 87049019 accurately for Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other avoids compliance issues and facilitates credit claims. Monitor changes to 14.00%, 14.00%, and 28.00% rates for Chapter 87 – Vehicles Other Than Railway O to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 87049019?

The standard unit of measurement for Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other under HSN Code 87049019 is u. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 87049019 mandatory for small businesses?

Yes, businesses dealing in Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other must use HSN 87049019 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 Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 87049019 for Vehicles Other Than Railway O goods before invoicing.

Do I need AD Code registration for exporting Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other?

Yes, AD Code registration is required for exporters dealing in Motor Vehicles For The Transport Of Goods Other : Lorries And Trucks: Other under Vehicles Other Than Railway O. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 87

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