Within Chapter 89 – Ships, Boats And Floating Str, HSN Code 89039910 serves as the official classification for Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes. This code determines tax rates and compliance obligations for all entities trading in Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes. CGST applies at N.a., SGST/UTGST at N.a. for local transactions, and IGST at N.a. for interstate supplies. Measurement is standardized in 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 89039910
For Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes classified under HSN Code 89039910, 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 89039910?
Manufacturers, wholesalers, retailers, and exporters dealing in Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes are required to mention HSN 89039910 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
Planning to trade in Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes? Complete GST registration to legally collect taxes on goods under HSN 89039910. 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
Accurate application of HSN Code 89039910 for Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 89 – Ships, Boats And Floating Str should monitor rate updates (N.a., N.a., N.a.) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 89039910 falls under Chapter 89 – Ships, Boats And Floating Str in the GST tariff schedule. This chapter covers various goods including Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes.
Yes, IGST at N.a. is applicable when Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes is supplied interstate or imported. For local sales within a state, CGST at N.a. and SGST/UTGST at N.a. apply instead.
Yes, e-commerce sellers dealing in Yachts And Other Vessels For Pleasure Or Sports; Rowing Boats And Canoes - Other : - Other : Canoes must use HSN 89039910 on their invoices. This applies to all online platforms operating under Ships, Boats And Floating Str classification.
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.