| Rates (%) | Products Description | HSN Codes | Export and Import HSN Codes |
|---|---|---|---|
| 5% | Cruise ships, excursion boats, feryboats, cargo ships, barges and similar vessels for the transport of persons or goods | 8901 | 89011010, 89011020, 89011030, 89011040, 89011090, 89012000, 89013000, 89019000 |
| 5% | Fishing vessels; factory ships and other vessels for processing or preserving fishery products | 8902 | 89020010, 89020090 |
| 28% | Yachts and other vessels for pleasure or sports; rowing boats and canoes | 8903 | 89031000, 89039100, 89039200, 89039910, 89039990 |
| 5% | Tugs and pusher craft | 8904 | 89040000 |
| 5% | Light-vessels, fire-floats, dredgers, floating cranes and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms | 8905 | 89051000, 89052000, 89059010, 89059090 |
| 5% | Other vessels, including warships and lifeboats other than rowing boats | 8906 | 89061000, 89069000 |
| 5% | Other floating structures (for example, rafts, tanks, cofferdams, landingstages, buoys and beacons) | 8907 | 89071000, 89079000 |
| 18% | Vessels and other floating structures for breaking up | 89080000 | – |
The GST Rate & HSN codes and rates have been arranged as per the best of authors understanding and are subject to periodic updates as per the law for the time being in force. It 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 herein is not ruled out. File My Tax online will not be held responsible for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document.
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