What is HSN code 89033200?

HSN code 89033200 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 89033200?

The GST rate applicable to HSN 89033200 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 89033200 follows this same structure.

What is the structure of HSN code 89033200?

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 89033200 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: 89033200 Ships, Boats And Floating

Within Chapter 89 – Ships, Boats And Floating Str, HSN Code 89033200 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M. 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M. 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 89033200

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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M under HSN 89033200 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 89033200?

Every entity transacting 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M must quote HSN Code 89033200 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

Entering the 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M market requires essential registrations. GST registration enables legal tax collection on HSN 89033200 goods. For cross-border trade in Ships, Boats And Floating Str items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Accurate HSN Code 89033200 usage 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M simplifies reconciliation and protects against penalties. Keep current with 0.14, 0.14, and 0.28 updates for Chapter 89 – Ships, Boats And Floating Str to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 89033200?

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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M under HSN Code 89033200 is u. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 89033200 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M must use HSN 89033200 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 89033200 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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M?

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 24 M~Of A Length Exceeding 7.5 M But Not Exceeding 24 M 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 :- 89033200