What is HSN code 89039200?

HSN code 89039200 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 89039200?

The GST rate applicable to HSN 89039200 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 89039200 follows this same structure.

What is the structure of HSN code 89039200?

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 89039200 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.

File your Income Tax Return with Patron Accounting — CA-assisted

HSN Code & GST Rates for Yachts And Other Vessels :- 89039200

GST Registration Trademark Registration IEC Registration Private Limited Registration

HSN Code

89039200

Harmonized System of Nomenclature

Chapter: 89
Heading: 8903
Sub-heading: 890392
Type: Tariff item (8-digit)
Classification: HSN (GST)

Under the GST regime, HSN Code 89039200 classifies Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats within Chapter 89 – Ships, Boats And Floating Str. This code is essential for businesses to correctly calculate and remit taxes on Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats. The applicable rates are CGST at N.a., SGST/UTGST at N.a. for within-state sales, and IGST at N.a. for interstate supplies. Goods are quantified using N.a.

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 89039200

For Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats classified under HSN Code 89039200, tax computation follows GST principles. CGST at N.a. plus SGST/UTGST at N.a. covers intrastate sales. IGST at N.a. applies to interstate transactions. N.a is the prescribed measurement for Ships, Boats And Floating Str under Chapter 89.

Who Should Use HSN Code 89039200?

Any business engaged in supplying Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats must apply HSN 89039200 on invoices. The Ships, Boats And Floating Str category under Chapter 89 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Planning to trade in Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats? Complete GST registration to legally collect taxes on goods under HSN 89039200. Businesses importing or exporting Ships, Boats And Floating Str products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Using HSN Code 89039200 accurately for Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats avoids compliance issues and facilitates credit claims. Monitor changes to N.a., N.a., and N.a. rates for Chapter 89 – Ships, Boats And Floating Str to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 89039200 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 89039200 for accurate classification of Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats.

Can I claim input tax credit on Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats purchases?

Yes, registered businesses can claim input tax credit on Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats purchases made under HSN 89039200. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.

What is the difference between CGST and IGST for HSN 89039200?

CGST at N.a. plus SGST/UTGST at N.a. applies when Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats domestically?

No, Import Export Code is only required if you plan to import or export Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : Motorboats, Other Than Outboard Motorboats internationally. For domestic trade within Ships, Boats And Floating Str, GST registration is sufficient.