What is HSN code 89039900?

HSN code 89039900 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 89039900?

The GST rate applicable to HSN 89039900 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 89039900 follows this same structure.

What is the structure of HSN code 89039900?

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 89039900 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.

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HSN Code & GST Rates for Ships, Boats And Floating :- 89039900

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HSN Code

89039900

Harmonized System of Nomenclature

Chapter: 89
Heading: 8903
Sub-heading: 890399
Type: Tariff item (8-digit)
Classification: HSN (GST)

Chapter 89 of the GST framework covers Ships, Boats And Floating Str, and HSN Code 89039900 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 89039900

The tax structure for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other~Other under HSN Code 89039900 follows a dual taxation model. CGST is levied at 0.14 and SGST/UTGST at 0.14 for intrastate sales. Interstate transactions attract IGST at 0.28. All invoices must record quantities in u as the standard measurement for goods under Chapter 89 – Ships, Boats And Floating Str.

Who Should Use HSN Code 89039900?

All businesses supplying Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other~Other are obligated to use HSN 89039900 on tax invoices. From producers to retailers within Ships, Boats And Floating Str, Chapter 89 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Commencing trade in Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other~Other? Secure GST registration to handle taxes on HSN 89039900 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

Using HSN Code 89039900 accurately for Ships, Boats And Floating Structures~Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes~Other~Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.14, 0.14, and 0.28 rates for Chapter 89 – Ships, Boats And Floating Str to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 89039900 belong to?

HSN Code 89039900 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.

Is IGST applicable on 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.

Can e-commerce sellers use HSN Code 89039900?

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 89039900 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.