HSN Code 8907
Floating structures (rafts, pontoons, buoys)
HSN Code8907
DescriptionFloating structures (rafts, pontoons, buoys)
CategoryShips
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 Ships
| HSN Code | Description | GST Rate |
|---|---|---|
| 8426 | Ships' derricks, cranes, mobile lifting frames | 18% |
| 8901 | Cruise ships, cargo vessels, barges | 5% |
| 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% |
About HSN Code 8907
HSN code 8907 is used to classify floating structures (rafts, pontoons, buoys) under the Goods and Services Tax (GST) system in India. This code falls under the Ships 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.