GST HSN Code List

GST Rate and HSN Code : Chapter 89

Get a detailed GST HSN Code List at our portal. Save your time and effort in finding GST rates for various goods and commodities. We make your search for GST rates in India for over various goods easy with our HSN Code List with GST rates 2024. Find complete product description, HS Code and GST rates.

GST HSN Code List with GST rates 2024

HS CodeItem DescriptionGST
890110Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds0.05
89011010SHIPS0.05
89011020LAUNCHES0.05
89011030BOATS0.05
89011040BARGES0.05
89011090OTHERS0.05
890120Tankers0.05
89012000TANKERS0.05
890130Refrigerated vessels (excluding tankers)0.05
89013000RFRGRTD VSSLS,EXCL THSE OF SHBDG NO.8901200.05
890190Vessels for the transport of goods and vessels for the transport of both persons and goods (excluding refrigerated vessels, tankers, ferry-boats and vessels principally designed for the transport of persons)0.05
89019000OTHR VSSLS FOR TRNSPRT OF GOODS AND OTHR VSSLS FOR TRNSPRT OF PERSONS AND GOODS0.05
890200Fishing vessels; factory ships and other vessels for processing or preserving fishery products (excluding fishing boats for sport)0.05
89020010TRAWLERS AND OTHR FSHING VESSELS0.05
89020090OTHERS0.05
890310Inflatable vessels for pleasure or sports0.28
89031000INFLTABLE YACHTS AND OTHR VSSLS FR PLEASURE SPORTS;ROWING BOATS AND CANOES0.28
890391Sailboats and yachts, with or without auxiliary motor, for pleasure or sports0.28
89039100SAILBOATS,W/N WTH AUXILIARY MOTOR0.28
890392Motor boats and motor yachts, for pleasure or sports (other than outboard motor boats)0.28
89039200MOTORBOATS EXCL OUTBOARD MOTORBOATS0.28
890399Vessels for pleasure or sports; rowing boats (excluding motor boats and motor yachts powered other than by outboard motors, sailboats and yachts with or without auxiliary motor and inflatable boats)0.28
89039910CANOES0.28
89039990OTHERS0.28
890400Tugs and pusher craft0.05
89040000TUGS AND PUSHER CRAFT0.05
890510Dredgers0.05
89051000DREDGERS0.05
890520Floating or submersible drilling or production platforms0.05
89052000FLOATNG/SUBMERSIBLE DRLLNG/PRDCTN PLTFORMS0.05
890590Light-vessels, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function (excluding dredgers, floating or submersible drilling or production platforms; fishing vessels and warships)0.05
89059010FLOATING DOCKS0.05
89059090OTHER UNDER HDNG 89050.05
890600Vessels, incl. warships and lifeboats (excluding rowing boats and other vessels of headings 8901 to 8905 and vessels for breaking up)0.05
890610Warships of all kinds0.05
89061000WARSHIPS OF ALL KINDS0.05
890690Vessels, incl. lifeboats (excluding warships, rowing boats and other vessels of heading 8901 to 8905 and vessels for breaking up)0.05
89069000OTHER UNDER HDNG 89060.05
890710Inflatable rafts0.05
89071000INVLATABLE RAFTS ,Products include: Life Raft0.05
890790Rafts, tanks, coffer-dams, landing stages, buoys, beacons and other floating structures (excluding inflatable rafts, vessels of heading 8901 to 8906 and floating structures for breaking up)0.05
89079000OTHER FLOTING STRUCTURES ,Products include: Life Buoy0.05
890800Vessels and other floating structures for breaking up0.18
89080000VSSLS AND OTHR FLOATNG STRCTRS FR BREAKNG UP ,Products include: Old Machinery Scrap0.18

What is GST?

Goods and Services Tax (GST) is a Single Tax Structure System introduced in 2017. GST works on One Nation, One Tax system. Earlier, there was a diverse tax system in India. There were various indirect taxes such as Value Added Tax (VAT), sale tax, purchase tax, service tax, surcharges, Excise duty, etc. Under the GST System, all the central and state taxes are merged into a single tax.

What are GST Rates for Goods & Services?

GST has refined the taxation sector in India. It helps in unifying all taxes for various goods and services. There are a large number of goods, commodities and services in India. So, they are put under 5 different slabs of GST rates-

  • NIL: Under this slab 0% tax is charged on the goods or services.
  • 5%: Under this slab 5% tax is charged on the goods and services.
  • 12%: Under this slab 12% tax is charged on the goods and services.
  • 18%: Under this slab 18% tax is charged on the goods and services.
  • 28%: Under this slab 28% tax is charged on the goods and services.

Important Note: Gold and other precious metals are excluded and put under 3% tax slab.

What is an HSN Code?

HSN Code stands for Harmonized System of Nomenclature. An HSN Code is a unique 6 to10 digit number developed for the identification of goods and products. This system was established in 1988 by the World Customs Organization. The HSN Code system is operational in all parts of the world. It covers almost 90% of the goods traded globally. It is accepted by customs authorities for determining taxes on goods.

How does the HSN Code System in India Functions?

HSN Codes held a great significance in Import-Export Procedures of India. In India, it is called ITC (Indian Trade Clarification)-HS Code. An ITC HS Code is recognized from its Chapter, Heading, Subheading and Regional Tariff. It consists of 8 digits.

Let’s take an example: Suppose we are given an HS Code- 6006840000

  • Chapter: The First two digits (60) denotes chapter
  • Heading: Next two digits (06) denote headings.
  • Subheading: Further, two digits (84) denote subheadings.
  • Regional Tariff: Second Last Two digits (00) denote Regional Tariff.
  • National Tariff: Last Two Digits (00) indicates National Tariff.
structrure of hsn code

How many sections, chapters, heading and subheading Does HS Code System Covers?

There are around 21 sections, 99 chapters, 5,222 heading and 1,244 subheadings in the Harmonised system of Nomenclature.

What is the use of HSN Code in GST?

Ever since the arrival of GST, it is mandatory to mention HSN Code for your product. HSN Codes are needed to be mentioned on invoices, bills or filing GST returns. HSN Code helps taxpayers to evaluate GST rates of various products. An incorrect HSN Code can create a big hurdle in the customs clearance process.

How can I find HSN Code List with GST Rates?

You can find a complete HSN Code List with GST rates at Exim Trade Data portal.