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HSN CODE - 87032220 : SPECIALISED TRANSPORT VEHICLES(E.G. AMBULANCES,PRISON VANS,HEARSES) WTH CYLNDR CPCTY>=1000CC BUT < 1500C
| HSN CODE | Description | Policy |
|---|---|---|
| 8703 | MOTOR CARS AND OTHER MOTOR VEHICLES PRINCIPALLY DESIGNED FOR THE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS. | |
| 870322 | Of a cylinder capacity exceeding 1000 cc but not exceeding 1500 cc | |
| 87032220 | SPECIALISED TRANSPORT VEHICLES(E.G. AMBULANCES,PRISON VANS,HEARSES) WTH CYLNDR CPCTY>=1000CC BUT < 1500C | Free |
Harmonised System of Nomenclature (HSN Codes) 87032220 are used for the SPECIALISED TRANSPORT VEHICLES(E.G. AMBULANCES,PRISON VANS,HEARSES) WTH CYLNDR CPCTY>=1000CC BUT < 1500C 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 87032220
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 (03) represent the heading number which is MOTOR CARS AND OTHER MOTOR VEHICLES PRINCIPALLY DESIGNED FOR THE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.
Next two digits (22) represent the product code which is Of a cylinder capacity exceeding 1000 cc but not exceeding 1500 cc
Last two digits (20) are for final or deeper classification which is SPECIALISED TRANSPORT VEHICLES(E.G. AMBULANCES,PRISON VANS,HEARSES) WTH CYLNDR CPCTY>=1000CC BUT < 1500C
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.