HSN Code 87024028: Electric 13-Person AC Vehicle

HSN Code 87024028 represents Electric 13-Person AC Vehicle under GST classification. This code helps businesses identify Electric 13-Person AC Vehicle correctly for billing, taxation, and trade. With HSN Code 87024028, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electric 13-Person AC Vehicle.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 87024028

HSN Code 87024028 relates to the following description.

Description of Goods

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

Chapter

87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

Sub Chapter

8702 - Motor vehicles for the transport of ten or more persons, including the driver

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

See note

CESS note

15% (if Motor vehicles for the transport of not more than 13 persons, including the driver, other than the vehicles of the description mentioned -Petrol, Liquefied Petroleum Gases (LPG) or compressed natural gas (CNG) driven motor vehicles of engine capacity not exceeding 1200cc and of length not exceeding 4000 mm and Diesel driven motor vehicles of engine capacity not exceeding 1500cc and of length not exceeding 4000 mm. /Nil( if All old and used motor vehicles. Explanation : Nothing contained in this entry shall apply if the supplier of such goods has availed input tax credit as defined in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017, CENVAT credit as defined in CENVAT Credit Rules, 2004, or the input tax credit of Value Added Tax or any other taxes paid on such vehicles / Nil (if Fuel Cell Motor Vehicles) / Nil if Motor vehicles cleared as ambulances duly fitted with all the fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such motor vehicles/ 3 % if diesel driven motor vehicles of engine capacity not exceeding 1500cc and of length not exceeding 4000 mm / 1% if Petrol, Liquefied Petroleum Gases (LPG) or compressed natural gas (CNG) driven motor vehicles of engine capacity not exceeding 1200cc and of length not exceeding 4000 mm.

What does HSN Code 87024028 not include?

Electric 13-Person AC Vehicle does not include products with the following descriptions.

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Integrated monocoque vehicle, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Integrated monocoque vehicle, non air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Other, air-conditioned

With compression-ignition internal combustion piston engine (diesel or semi-diesel) : Vehicles for transport of not more than 13 persons, including the driver : Other: Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driverwith compression-ignition internalcombustion piston engine (diesel or semidiesel)other : integrated moncoque vehicle

Motor vehicles for the transport of ten or more persons, including the driver with compression-ignition internalcombustion piston engine (diesel or semidiesel)other : air-conditioned vehicle

Motor vehicles for the transport of ten or more persons, including the driver with compression-ignition internalcombustion piston engine (diesel or semidiesel)other :other

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver:Integrated monocoque vehicle, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver:Integrated monocoque vehicle, non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other,non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Integrated monocoque vehicle, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Integrated monocoque vehicle, non air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Other, air-conditioned

With both compression-ignition internal combustion piston engine (diesel or semidiesel) and electric motor as motors for propulsion: Vehicles for transport of not more than 13 persons, including the driver: Other: Other, non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other,non air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other Integrated monocoque vehicle, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, Integrated monocoque vehicle, non-air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other,non- air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Integrated monocoque vehicle, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: other : Integrated monocoque vehicle, air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, non air-conditioned

With only electric motor for propulsion: — Vehicles for transport of not more than 13 persons, including the driver: Other, non air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle,air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Integrated monocoque vehicle,non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other : vehicles for transport of not more than13 persons, including the driver: electrically operated

Other : Vehicles for transport of not more than 13 persons, including the driver : Other, air-conditioned

Other : Vehicles for transport of not more than 13 persons, including the driver : Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other vehicles for transport of not more than13 persons, including the driver:electrically operated vehicles not elsewhere included or specified

Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Integrated monocoque vehicle, non air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Other, air-conditioned

Vehicles for transport of not more than 13 persons, including the driver:Other: Other, non air-conditioned

Motor vehicles for the transport of ten or more persons, including the driver other integrated monocoque vehicle

Motor vehicles for the transport of ten or more persons, including the driver other :air-conditioned vehicle

Motor vehicles for the transport of ten or more persons, including the driver other :other

India’s Trade Performance — HSN Code 87024028 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4698 of 12657 HSN codes

% of Sub-Chapter 8702

FY 2024-25

0.04%

Share of Sub-Chapter 8702’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 8702’s imports

Rank Within Sub-Chapter 8702

FY 2024-25

#9 of 48

Position by export value among HSN codes in Sub-Chapter 8702

At a glance

−30.88%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8604

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.04%

Contribution to Sub-Ch. 8702

Share of Sub-Chapter 8702 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 87024028

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5636

Balance

+6.05

Exports

6.05 ₹ Cr

0.0003% share

YoY

0.49% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2019-20

Balance

−4.27

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8702

Imports

4.27 ₹ Cr

0.0001% share

YoY

10.40% of Sub-Ch. 8702

FY 2020-21

Balance

−1.62

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

Imports

1.62 ₹ Cr

0.0001% share

−62.06% YoY

16.91% of Sub-Ch. 8702

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8702

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

FY 2023-24

Balance

−1.89

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8702

Imports

1.89 ₹ Cr

0.0000% share

YoY

6.99% of Sub-Ch. 8702

FY 2024-25 Exp. Rank #8604

Balance

+0.66

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 8702

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8702

CAGR · 7-Year

Exports

−30.88% /yr

Imports

Consistently Surplus
Sub-Chapter 8702 total

reference, FY 2024-25

Export

₹1,516.67 Cr

Import

₹50.05 Cr

Trade Balance

+1,466.62

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 87024028 Export-Import Analysis

Export Decline: −30.88% CAGR Over 7 Years

India's exports under HSN Code 87024028 have declined at a compound annual rate of −30.88% over 7 fiscal years, falling from ₹6.05 Crore in FY 2018-19 to ₹0.66 Crore in FY 2024-25.

HSN Code 87024028 Ranked #8604 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 87024028 ranks #8604 out of 12657 HSN codes by total export value. Within Sub-Chapter 8702, it ranks #9 of 48. By trade surplus, it ranks #4698 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 87024028 Exports

The strongest single-year export movement for HSN Code 87024028 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Maintains a Trade Surplus of ₹0.66 Crore in HSN Code 87024028 Goods

In FY 2024-25, India's exports of ₹0.66 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.66 Crore — ranking #4698 of 12657 by surplus magnitude.

HSN Code 87024028 Contributes 0.04% of Sub-Chapter 8702 Exports — Ranked #9

Among the 48 HSN codes under Sub-Chapter 8702, HSN Code 87024028 ranks #9 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 87024028 and GST compliance.

What products are classified under HSN 87024028 ?

It includes Non-AC Monocoque Van

Do e‑way bill and e‑invoice apply for Electric 13-Person AC Vehicle?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Any common misclassification issue with Electric 13-Person AC Vehicle?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Electric 13-Person AC Vehicle?

Under HSN 87024028, Electric 13-Person AC Vehicle attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Electric 13-Person AC Vehicle?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Can we claim ITC on inputs used to trade Electric 13-Person AC Vehicle?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.