What is HSN code 89032100?

HSN code 89032100 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 89032100?

The GST rate applicable to HSN 89032100 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 89032100 follows this same structure.

What is the structure of HSN code 89032100?

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 89032100 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: 89032100 Ships, Boats And Floating

89032100 is the designated HSN classification for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M, categorized under Chapter 89 – Ships, Boats And Floating Str in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.14, SGST/UTGST at 0.14 for local transactions, and IGST at 0.28 for interstate supplies. Quantities are measured in u for billing purposes.

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 89032100

Tax liability for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M under HSN 89032100 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 89032100?

Every entity transacting in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M must quote HSN Code 89032100 on invoices. This includes traders, distributors, and e-commerce sellers operating under Ships, Boats And Floating Str. Chapter 89 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Commencing trade in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M? Secure GST registration to handle taxes on HSN 89032100 classified goods. Businesses with international operations in Ships, Boats And Floating Str 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

Correct HSN Code 89032100 application for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M ensures smooth input credit utilization and assessment processes. Track 0.14, 0.14, and 0.28 rate changes for Chapter 89 – Ships, Boats And Floating Str through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 89032100 belong to?

HSN Code 89032100 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~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M.

Is IGST applicable on Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M?

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~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M is supplied interstate or imported. For local sales within a state, CGST at 0.14 and SGST/UTGST at 0.14 apply instead.

Can e-commerce sellers use HSN Code 89032100?

Yes, e-commerce sellers dealing in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Not Exceeding 7.5 M~Of A Length Not Exceeding 7.5 M must use HSN 89032100 on their invoices. This applies to all online platforms operating under Ships, Boats And Floating Str classification.

How do I start an import business for Ships, Boats And Floating Str goods?

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.

HSN Code & GST Rates for Ships, Boats And Floating :- 89032100