HSN Code 8901
Cruise ships, cargo vessels, barges
HSN Code8901
DescriptionCruise ships, cargo vessels, barges
CategoryShips
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 Ships
| HSN Code | Description | GST Rate |
|---|---|---|
| 8426 | Ships' derricks, cranes, mobile lifting frames | 18% |
| 8902 | Fishing vessels, factory ships | 5% |
| 8903 | Yachts and other pleasure or sports boats | 40% |
| 8904 | Tugs and pusher craft | 5% |
| 8905 | Light-vessels, dredgers, floating docks/cranes | 5% |
| 8907 | Floating structures (rafts, pontoons, buoys) | 18% |
About HSN Code 8901
HSN code 8901 is used to classify cruise ships, cargo vessels, barges under the Goods and Services Tax (GST) system in India. This code falls under the Ships 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.