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HSN CODE - 89011040 : BARGES
HSN CODE | Description | Policy |
---|---|---|
8901 | CRUISE SHIPS, EXCURSION BOATS, FERRY-BOATS, CARGO SHIPS, BARGES AND SIMILAR VESSELS FOR THE TRANSPORT OF PERSONS OR GOODS | |
890110 | Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds | |
89011040 | BARGES | Free |
Harmonised System of Nomenclature (HSN Codes) 89011040 are used for the BARGES 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 89011040
First two digits (89) represent the chapter number which is Chapter 89 - Ships, boats and floating structures
Next two digits (01) represent the heading number which is CRUISE SHIPS, EXCURSION BOATS, FERRY-BOATS, CARGO SHIPS, BARGES AND SIMILAR VESSELS FOR THE TRANSPORT OF PERSONS OR GOODS
Next two digits (10) represent the product code which is Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds
Last two digits (40) are for final or deeper classification which is BARGES
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.