HSN Code 8703
Motor cars up to 1200cc petrol / 1500cc diesel and 4m (larger cars, SUVs: 40%)
HSN Code8703
DescriptionMotor cars up to 1200cc petrol / 1500cc diesel and 4m (larger cars, SUVs: 40%)
CategoryAutomobiles
GST Rate18%
CGST + SGST (Intra-state)9% + 9%
IGST (Inter-state)18%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00
Related HSN Codes in Automobiles
| HSN Code | Description | GST Rate |
|---|---|---|
| 8711 | Motorcycles up to 350cc (above 350cc: 40%) | 18% |
| 8712 | Bicycles and other cycles (not motorized) | 5% |
| 8714 | Parts and accessories for motorcycles and bicycles | 18% |
About HSN Code 8703
HSN code 8703 is used to classify motor cars up to 1200cc petrol / 1500cc diesel and 4m (larger cars, suvs: 40%) under the Goods and Services Tax (GST) system in India. This code falls under the Automobiles category and attracts a GST rate of 18%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.