HSN CODE - 89052000 : FLOATNG/SUBMERSIBLE DRLLNG/PRDCTN PLTFORMS

Harmonised System of Nomenclature (HSN Codes) 89052000 are used for the FLOATNG/SUBMERSIBLE DRLLNG/PRDCTN PLTFORMS 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 89052000

First two digits (89) represent the chapter number which is Chapter 89 - Ships, boats and floating structures

Next two digits (05) represent the heading number which is LIGHT-VESSELS, FIRE-FLOATS, DREDGERS, FLOATING CRANES, AND OTHER VESSELS THE NAVIGABILITY OF WHICH IS SUBSIDIARY TO THEIR MAIN FUNCTION; FLOATING DOCKS; FLOATING OR SUBMERSIBLE DRILLING OR PRODUCTION PLATFORMS

Next two digits (20) represent the product code which is

Last two digits (00) are for final or deeper classification which is FLOATNG/SUBMERSIBLE DRLLNG/PRDCTN PLTFORMS

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.