Chapter 88 of the GST framework covers Aircraft, Spacecraft, And Par, and HSN Code 88062400 specifically identifies Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg. Tax rates applicable include CGST at 0, SGST/UTGST at 0, and IGST at 0 for interstate movements. The standard unit of measurement is u.
HSN Codes under Chapter 88 – Aircraft, Spacecraft, And Par
Below are related HSN codes from Chapter 88 – Aircraft, Spacecraft, And Par for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Aircraft, Spacecraft, And Par... | 88010010 | Balloons And Dirigibles; Gliders, Hang Gliders And... | 9.00% | 9.00% | 18.00% |
| Aircraft, Spacecraft, And Par... | 88010020 | Balloons And Dirigibles; Gliders, Hang Gliders And... | 9.00% | 9.00% | 18.00% |
| Aircraft, Spacecraft, And Par... | 88010090 | Balloons And Dirigibles; Gliders, Hang Gliders And... | 0.09 | 0.09 | 0.18 |
| Aircraft, Spacecraft, And Par... | 88011000 | Balloons And Dirigibles; Gliders, Hang Gliders And... | N.a. | N.a. | N.a. |
| Aircraft, Spacecraft, And Par... | 88019010 | Balloons And Dirigibles; Gliders, Hang Gliders And... | N.a. | N.a. | N.a. |
| Aircraft, Spacecraft, And Par... | 88019090 | Balloons And Dirigibles; Gliders, Hang Gliders And... | N.a. | N.a. | N.a. |
| Aircraft, Spacecraft, And Par... | 88021100 | Other Aircraft (For Example, Helicopters, Aeroplan... | 2.5/14% | 2.5/14% | 5/28% |
| Aircraft, Spacecraft, And Par... | 88021200 | Other Aircraft (For Example, Helicopters, Aeroplan... | 2.5/14% | 2.5/14% | 5/28% |
| Aircraft, Spacecraft, And Par... | 88022000 | Other Aircraft (For Example, Helicopters, Aeroplan... | 2.5/14% | 2.5/14% | 5/28% |
| Aircraft, Spacecraft, And Par... | 88023000 | Other Aircraft (For Example, Helicopters, Aeroplan... | 2.5/14% | 2.5/14% | 5/28% |
GST Rates for HSN 88062400
Tax liability for Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg under HSN 88062400 varies by transaction geography. CGST at 0 combined with SGST/UTGST at 0 applies to local sales. Interstate movement attracts IGST at 0. All billing for Chapter 88 – Aircraft, Spacecraft, And Par products must use u.
Who Should Use HSN Code 88062400?
All businesses supplying Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg are obligated to use HSN 88062400 on tax invoices. From producers to retailers within Aircraft, Spacecraft, And Par, Chapter 88 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg? GST registration is your first compliance requirement for HSN 88062400 goods. International traders in Aircraft, Spacecraft, And Par products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Proper use of HSN Code 88062400 for Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg streamlines audit processes and supports valid credit claims. Stay updated on 0, 0, and 0 rates for Chapter 88 – Aircraft, Spacecraft, And Par through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 88062400 falls under Chapter 88 – Aircraft, Spacecraft, And Par in the GST tariff schedule. This chapter covers various goods including Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg.
Yes, IGST at 0 is applicable when Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg is supplied interstate or imported. For local sales within a state, CGST at 0 and SGST/UTGST at 0 apply instead.
Yes, e-commerce sellers dealing in Aircraft, Spacecraft, And Parts Thereof~Unmanned Aircraft~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg~ With Maximum Take-Off Weight More Than 25 Kg But Not More Than 150 Kg must use HSN 88062400 on their invoices. This applies to all online platforms operating under Aircraft, Spacecraft, And Par classification.
To import goods under Aircraft, Spacecraft, And Par, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.