What is HSN code 89020090?

HSN code 89020090 is a classification under the Harmonized System of Nomenclature used to identify goods for GST in India. The goods description and applicable GST rate are shown in the details on this page.

What is the GST rate for HSN code 89020090?

The GST rate applicable to HSN 89020090 is shown in the details above. GST rates are revised from time to time through CBIC notifications, so always confirm the current rate before raising an invoice.

How many digits does an HSN code have?

Under Indian GST, HSN codes are 2, 4, 6 or 8 digits. Businesses quote 4, 6 or 8 digits on invoices depending on turnover; code 89020090 follows this same structure.

What is the structure of HSN code 89020090?

An HSN code breaks down into a 2-digit Chapter, 4-digit Heading and 6-digit Sub-heading, extending to an 8-digit tariff item in India. Code 89020090 sits within this hierarchy.

Where is the HSN code used?

HSN codes are quoted on GST invoices and in GSTR-1 returns, and are used to classify goods for GST rate determination and customs.

HSN Code: 89020090 Fishing Vessels; Factory Ships

Under the GST regime, HSN Code 89020090 classifies Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other within Chapter 89 – Ships, Boats And Floating Str. This code is essential for businesses to correctly calculate and remit taxes on Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other. The applicable rates are CGST at 0.025, SGST/UTGST at 0.025 for within-state sales, and IGST at 0.05 for interstate supplies. Goods are quantified using u.

HSN Codes under Chapter 89 – Ships, Boats And Floating Str

Below are related HSN codes from Chapter 89 – Ships, Boats And Floating Str for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Ships, Boats And Floating Str...	89011010	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	N.a.	N.a.	N.a.
Ships, Boats And Floating Str...	89011020	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	N.a.	N.a.	N.a.
Ships, Boats And Floating Str...	89011030	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	N.a.	N.a.	N.a.
Ships, Boats And Floating Str...	89011040	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	2.50%	2.50%	5.00%
Ships, Boats And Floating Str...	89011090	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	0.025	0.025	0.05
Ships, Boats And Floating Str...	89012000	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	0.025	0.025	0.05
Ships, Boats And Floating Str...	89013000	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	0.025	0.025	0.05
Ships, Boats And Floating Str...	89019000	Cruise Ships, Excursion Boats , Ferry-Boats, Cargo...	0.025	0.025	0.05
Ships, Boats And Floating Str...	89020010	Fishing Vessels; Factory Ships And Other Vessels F...	2.50%	2.50%	5.00%
Ships, Boats And Floating Str...	89031000	Yachts And Other Vessels For Pleasure Or Sports; R...	N.a.	N.a.	N.a.

GST Rates for HSN 89020090

Goods classified as Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other under HSN 89020090 are taxed based on transaction type. Local sales attract CGST at 0.025 plus SGST/UTGST at 0.025. For supplies crossing state boundaries, IGST at 0.05 applies. Documentation must reflect u as the measurement standard for Chapter 89 – Ships, Boats And Floating Str products.

Who Should Use HSN Code 89020090?

All businesses supplying Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other are obligated to use HSN 89020090 on tax invoices. From producers to retailers within Ships, Boats And Floating Str, Chapter 89 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Looking to deal in Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other? GST registration is your first compliance requirement for HSN 89020090 goods. International traders in Ships, Boats And Floating Str 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

Accurate application of HSN Code 89020090 for Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 89 – Ships, Boats And Floating Str should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 89020090?

Official GST rates for Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other under HSN 89020090 are published in government notifications and the CBIC website. Current rates are CGST 0.025, SGST/UTGST 0.025, and IGST 0.05.

Do online marketplaces need to mention HSN 89020090?

Yes, online marketplaces and e-commerce operators selling Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other must mention HSN Code 89020090 on invoices. This Ships, Boats And Floating Str classification applies to all sales channels under Chapter 89.

What documents are needed for company registration to trade in Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other under HSN 89020090.

How often do GST rates change for Ships, Boats And Floating Str products?

GST rates for Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products 8902 00 - Fishing Vessels; Factory Ships And Other Vessels For Processing Or Preserving Fishery Products : Other and other Ships, Boats And Floating Str products under Chapter 89 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.025, 0.025, and 0.05 revisions.

HSN Code & GST Rates for Fishing Vessels; Factory Ships :- 89020090