What is HSN code 89032200?

HSN code 89032200 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 89032200?

The GST rate applicable to HSN 89032200 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 89032200 follows this same structure.

What is the structure of HSN code 89032200?

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 89032200 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: 89032200 Ships, Boats And Floating

Within Chapter 89 – Ships, Boats And Floating Str, HSN Code 89032200 serves as the official classification for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M. This code determines tax rates and compliance obligations for all entities trading in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M. CGST applies at 0.14, SGST/UTGST at 0.14 for local transactions, and IGST at 0.28 for interstate supplies. Measurement is standardized in 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 89032200

Tax liability for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M under HSN 89032200 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 89032200?

Manufacturers, wholesalers, retailers, and exporters dealing in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M are required to mention HSN 89032200 on all tax documents. This classification under Ships, Boats And Floating Str applies to businesses of all sizes operating within Chapter 89. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Looking to deal in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M? GST registration is your first compliance requirement for HSN 89032200 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

Correct HSN Code 89032200 application for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M 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)

What is the unit of measurement for HSN 89032200?

The standard unit of measurement for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M under HSN Code 89032200 is u. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 89032200 mandatory for small businesses?

Yes, businesses dealing in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M must use HSN 89032200 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 89032200 for Ships, Boats And Floating Str goods before invoicing.

Do I need AD Code registration for exporting Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M?

Yes, AD Code registration is required for exporters dealing in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Of A Length Exceeding 7.5 M But Not Exceeding 24M~Of A Length Exceeding 7.5 M But Not Exceeding 24M under Ships, Boats And Floating Str. This registration links your bank account to process foreign currency payments from overseas buyers.

HSN Code & GST Rates for Ships, Boats And Floating :- 89032200