What is HSN code 89040000?

HSN code 89040000 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 89040000?

The GST rate applicable to HSN 89040000 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 89040000 follows this same structure.

What is the structure of HSN code 89040000?

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 89040000 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 Tugs And Pusher Craft :- 89040000

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HSN Code

89040000

Harmonized System of Nomenclature

Chapter: 89
Heading: 8904
Sub-heading: 890400
Type: Tariff item (8-digit)
Classification: HSN (GST)

Chapter 89 of the GST framework covers Ships, Boats And Floating Str, and HSN Code 89040000 specifically identifies Tugs And Pusher Craft for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Tugs And Pusher Craft. Tax rates applicable include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05 for interstate movements. The standard unit of measurement is 0.

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 89040000

The taxation of Tugs And Pusher Craft under HSN Code 89040000 depends on supply location. Intrastate transactions require CGST at 0.025 and SGST/UTGST at 0.025. Interstate supplies are charged IGST at 0.05. Invoices should consistently use 0 for Ships, Boats And Floating Str goods under Chapter 89.

Who Should Use HSN Code 89040000?

All businesses supplying Tugs And Pusher Craft are obligated to use HSN 89040000 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

Entering the Tugs And Pusher Craft market requires essential registrations. GST registration enables legal tax collection on HSN 89040000 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 application of HSN Code 89040000 for Tugs And Pusher Craft enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 89 – Ships, Boats And Floating Str should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 89040000 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 89040000 for accurate classification of Tugs And Pusher Craft.

Can I claim input tax credit on Tugs And Pusher Craft purchases?

Yes, registered businesses can claim input tax credit on Tugs And Pusher Craft purchases made under HSN 89040000. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.

What is the difference between CGST and IGST for HSN 89040000?

CGST at 0.025 plus SGST/UTGST at 0.025 applies when Tugs And Pusher Craft is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Tugs And Pusher Craft domestically?

No, Import Export Code is only required if you plan to import or export Tugs And Pusher Craft internationally. For domestic trade within Ships, Boats And Floating Str, GST registration is sufficient.