Chapter 89 of the GST framework covers Ships, Boats And Floating Str, and HSN Code 89031900 specifically identifies Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other. Tax rates applicable include CGST at 0.14, SGST/UTGST at 0.14, and IGST at 0.28 for interstate movements. The standard unit of measurement is 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... | 89020090 | Fishing Vessels; Factory Ships And Other Vessels F... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 89031900
Tax liability for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other under HSN 89031900 varies by transaction geography. CGST at 0.14 combined with SGST/UTGST at 0.14 applies to local sales. Interstate movement attracts IGST at 0.28. All billing for Chapter 89 – Ships, Boats And Floating Str products must use u.
Who Should Use HSN Code 89031900?
Traders, manufacturers, and importers of Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other are required to mention HSN Code 89031900 on all GST documents. This Ships, Boats And Floating Str classification under Chapter 89 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other? GST registration is mandatory for collecting and remitting taxes on HSN 89031900 goods. Companies planning international trade within Ships, Boats And Floating Str 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 89031900 for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other streamlines audit processes and supports valid credit claims. Stay updated on 0.14, 0.14, and 0.28 rates for Chapter 89 – Ships, Boats And Floating Str through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 89031900 falls under Chapter 89 – Ships, Boats And Floating Str in the GST tariff schedule. This chapter covers various goods including Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other.
Yes, IGST at 0.28 is applicable when Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other is supplied interstate or imported. For local sales within a state, CGST at 0.14 and SGST/UTGST at 0.14 apply instead.
Yes, e-commerce sellers dealing in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other ~Other must use HSN 89031900 on their invoices. This applies to all online platforms operating under Ships, Boats And Floating Str classification.
To import goods under Ships, Boats And Floating Str, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.