What is HSN code 89061000?

HSN code 89061000 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 89061000?

The GST rate applicable to HSN 89061000 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 89061000 follows this same structure.

What is the structure of HSN code 89061000?

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 89061000 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 Other Vessels, Including Warships :- 89061000

GST Registration Trademark Registration IEC Registration Private Limited Registration

HSN Code

89061000

Harmonized System of Nomenclature

Chapter: 89
Heading: 8906
Sub-heading: 890610
Type: Tariff item (8-digit)
Classification: HSN (GST)

Chapter 89 of the GST framework covers Ships, Boats And Floating Str, and HSN Code 89061000 specifically identifies Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships. 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 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 89061000

The taxation of Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships under HSN Code 89061000 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 u for Ships, Boats And Floating Str goods under Chapter 89.

Who Should Use HSN Code 89061000?

Every entity transacting in Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships must quote HSN Code 89061000 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 Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships market requires essential registrations. GST registration enables legal tax collection on HSN 89061000 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 89061000 usage for Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 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 89061000?

The standard unit of measurement for Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships under HSN Code 89061000 is u. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 89061000 mandatory for small businesses?

Yes, businesses dealing in Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships must use HSN 89061000 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 Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 89061000 for Ships, Boats And Floating Str goods before invoicing.

Do I need AD Code registration for exporting Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships?

Yes, AD Code registration is required for exporters dealing in Other Vessels, Including Warships And Lifeboats Other Than Rowing Boats Warships under Ships, Boats And Floating Str. This registration links your bank account to process foreign currency payments from overseas buyers.