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HSN CODE - 87060039 : CHASSIS FR VHCLS HDNG 8703 EXCP 3-WHLD
| HSN CODE | Description | Policy |
|---|---|---|
| 8706 | CHASSIS FITTED WITH ENGINES, FOR THE MOTOR VEHICLES OF HEADINGS 8701 TO 8705 | |
| 870600 | For the motor vehicles of heading 8703 | |
| 87060039 | CHASSIS FR VHCLS HDNG 8703 EXCP 3-WHLD | Free |
Harmonised System of Nomenclature (HSN Codes) 87060039 are used for the CHASSIS FR VHCLS HDNG 8703 EXCP 3-WHLD products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 87060039
First two digits (87) represent the chapter number which is Chapter 87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Next two digits (06) represent the heading number which is CHASSIS FITTED WITH ENGINES, FOR THE MOTOR VEHICLES OF HEADINGS 8701 TO 8705
Next two digits (00) represent the product code which is For the motor vehicles of heading 8703
Last two digits (39) are for final or deeper classification which is CHASSIS FR VHCLS HDNG 8703 EXCP 3-WHLD
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.