What products are classified under HSN 89020090 ?
It includes Yachts & Vessels for Pleasure or Sports (≤7.5m)
HSN Code 89020090 represents Fishing Vessels & Factory Ships under GST classification. This code helps businesses identify Fishing Vessels & Factory Ships correctly for billing, taxation, and trade. With HSN Code 89020090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Fishing Vessels & Factory Ships.
HSN Code 89020090 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 89 | Ships, boats and floating structures | 8902 | Fishing vessels; factory ships and other vessels for processing or preserving fishery products | Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other | 2.5% | 2.5% | 5% | 0% |
Description of goods
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Other
Chapter
89 – Ships, boats and floating structures
Sub Chapter
8902 – Fishing vessels; factory ships and other vessels for processing or preserving fishery products
Fishing Vessels & Factory Ships does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Trawlers and other fishing vessels |
Fishing vessels; factory ships and other vessels for processing or preserving fishery products : Trawlers and other fishing vessels
| Order Number | Description |
|---|---|
| George Maijo Industries Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu) |
George Maijo Industries Private Limited (AAR (Authority For Advance Ruling), Tamil Nadu)
It includes Yachts & Vessels for Pleasure or Sports (≤7.5m)
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Fishing Vessels & Factory Ships; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 89020090, Fishing Vessels & Factory Ships attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.