Within Chapter 87 – Vehicles Other Than Railway O, HSN Code 87149220 serves as the official classification for Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes. This code determines tax rates and compliance obligations for all entities trading in Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes. CGST applies at 6.00%, SGST/UTGST at 6.00% for local transactions, and IGST at 12.00% 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 87149220
The tax structure for Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes under HSN Code 87149220 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in u as the standard measurement for goods under Chapter 87 – Vehicles Other Than Railway O.
Who Should Use HSN Code 87149220?
Any business engaged in supplying Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes must apply HSN 87149220 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
Entering the Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes market requires essential registrations. GST registration enables legal tax collection on HSN 87149220 goods. For cross-border trade in Vehicles Other Than Railway O items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 87149220 application for Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% rate changes for Chapter 87 – Vehicles Other Than Railway O through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 87149220 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 87149220 for accurate classification of Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes.
Can I claim input tax credit on Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes purchases?
Yes, registered businesses can claim input tax credit on Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes purchases made under HSN 87149220. Ensure your supplier mentions correct HSN code and GST rates (6.00%, 6.00%) on the invoice.
What is the difference between CGST and IGST for HSN 87149220?
CGST at 6.00% plus SGST/UTGST at 6.00% applies when Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes is sold within the same state. IGST at 12.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes domestically?
No, Import Export Code is only required if you plan to import or export Parts And Accessories Of Vehicles Of Headings 8711To 8713 Wheel Rims And Spokes Bicycle Spokes internationally. For domestic trade within Vehicles Other Than Railway O, GST registration is sufficient.
