HSN Code 8712
Bicycles and other cycles (not motorized)
HSN Code8712
DescriptionBicycles and other cycles (not motorized)
CategoryAutomobiles
GST Rate5%
CGST + SGST (Intra-state)2.5% + 2.5%
IGST (Inter-state)5%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹500.00, Total = ₹10,500.00
Related HSN Codes in Automobiles
| HSN Code | Description | GST Rate |
|---|---|---|
| 8703 | Motor cars up to 1200cc petrol / 1500cc diesel and 4m (larger cars, SUVs: 40%) | 18% |
| 8711 | Motorcycles up to 350cc (above 350cc: 40%) | 18% |
| 8714 | Parts and accessories for motorcycles and bicycles | 18% |
About HSN Code 8712
HSN code 8712 is used to classify bicycles and other cycles (not motorized) under the Goods and Services Tax (GST) system in India. This code falls under the Automobiles category and attracts a GST rate of 5%.
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.