Chapter 86 – HSN Code & GST Rate for Railway and Tramway Equipment
Chapter 86 of the Harmonized System of Nomenclature (HSN) includes various items related to railway and tramway equipment, including locomotives, rolling stock, track fixtures, and traffic signaling equipment. Understanding the applicable HSN codes and GST rates is essential for businesses operating in this sector in India. Below are the HSN codes and GST rates for key items in this category:
Products Description | HSN Codes | GST Rate (%) |
---|---|---|
Railway or tramway locomotives; rolling-stock and parts thereof | 8601 to 8608 | 5 |
Railway or tramway track fixtures and fittings and parts thereof | 8609 to 8617 | 5 |
Mechanical (including electro-mechanical) traffic signalling equipment | 8608, 8609, 8610 | 18 |
Chapter 86 covers crucial equipment and components used in railway and tramway systems. Proper classification under the correct HSN codes is necessary for accurate taxation and compliance with GST regulations in India.