HSN Code & GST Rate for Bricks & ceramic products - Chapter 69
18 Jan, 2025
The Goods and Services Tax (GST) has streamlined India's taxation system by categorizing goods and services under specific HSN (Harmonized System of Nomenclature) codes. Chapter 88 of the HSN classification deals with aircraft, spacecraft, satellites, and related components such as parachutes and gliders. These items, pivotal to aviation, space exploration, and defense, are subjected to distinct GST rates based on their category and use.
In this article, we delve into the HSN codes and GST rates applicable to goods under Chapter 88, providing clarity on how these rates impact the industries that rely on them. Whether you are a manufacturer, supplier, or importer/exporter of these goods, understanding these details is essential for seamless compliance with GST regulations.
Rates (%) | Products Description | HSN Codes | Export and Import HSN Codes |
---|---|---|---|
18% | Balloons and dirigibles, gliders and other non-powered aircraft | 8801 | 88010010, 88010020, 88010090 |
5% | Other aircraft (for example, helicopters, aeroplanes), other than those for personal use. | 8802 | 88021100, 88021200, 88022000, 88023000, 88024000 |
28% | Aircrafts for personal use | 8802 | 88021100, 88021200, 88022000, 88023000, 88024000 |
NIL | Parts of goods of heading 8801 | 8803 | 88031000, 88032000, 88033000, 88039000 |
5% | Parts of goods of heading 8802 | 8803 | 88031000, 88032000, 88033000, 88039000 |
18% | Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto and parts thereof | 8804 | 88040010, 88040020 |
18% | Aircraft launching gear, deck arrestor or similar gear; ground flying trainers and parts thereof | 8805 | 88051010, 88051020, 88051030, 88052100, 88052900 |
NIL | Spacecraft (including satellites) and suborbital and spacecraft launch vehicles | 88026000 | – |
Nil | Other aircraft (for example, helicopters, aeroplanes), for personal use.(Compensation Cess 3%) | 8802 | – |
Disclaimer : The GST rates and HSN codes provided are based on the author's understanding and are subject to periodic updates according to current laws. This content does not constitute professional advice or a formal recommendation. While every effort has been made to ensure accuracy, errors or omissions may still occur. Online Legal India is not liable for any loss or damage resulting from any inaccuracies or incomplete information in this document.