Guide to HSN Code 87162000

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    Description of Goods for HSN 87162000

    HSN Code 87162000 relates to the following description:

    Chapter Number
    Chapter Name
    Sub Chapter Number
    Sub Chapter Name
    Description of Goods
    CGST
    (%)
    SGST
    (%)
    IGST
    (%)
    CESS
    (%)
    Chapter Number
    87
    Chapter Name
    Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
    Sub Chapter Number
    8716
    Sub Chapter Name
    Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof
    Description of Goods
    Self-loading or self-unloading trailers and semi-trailers for agricultural purposes
    CGST (%)
    6
    SGST (%)
    6
    IGST (%)
    12
    CESS (%)
    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)

    What does HSN Code 87162000 not include?

    HSN Code 87162000 does not include products with the following descriptions:

    HSN Code
    Description
    HSN Code
    87161000
    Description
    Trailers and semi-trailers of the caravan type, for housing or camping
    HSN Code
    87163100
    Description
    Other trailers and semi-trailers for the transport of goods : Tanker trailers and tanker semi-trailers
    HSN Code
    87163900
    Description
    Other trailers and semi-trailers for the transport of goods : Other
    HSN Code
    87164000
    Description
    Other trailers and semi-trailers
    HSN Code
    87168010
    Description
    Other vehicles : Hand propelled vehicles (e.g. hand carts, rickshaws and the like)
    HSN Code
    87168020
    Description
    Other vehicles : Animal drawn vehicles
    HSN Code
    87168090
    Description
    Other vehicles : Other
    HSN Code
    87169010
    Description
    Parts : Parts and accessories of trailers
    HSN Code
    87169090
    Description
    Parts : Other

    Case Laws Related to HSN 87162000

    Order Number
    Description
    Order Number
    03/AR/Daman-Silvassa/2018
    Description
    AAKASH ENGINEERS (Authority for Advance Ruling, Daman Diu and DNH)

    Important Disclaimer

    The entire content on this page has been arranged to the best of the author’s understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. Busy Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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