HSN Code 87060021
8706 chassis fitted with engines, for the motor vehicles of headings 8701 to 8705 for the vehicles of heading 8702 for transport of not more than thirteen persons, including the driver
8706 chassis fitted with engines, for the motor vehicles of headings 8701 to 8705 for the vehicles of heading 8702 for transport of not more than thirteen persons, including the driver
When does this rate apply?
Use this HSN Code on tax invoices when supplying 8706 chassis fitted with engines, for the motor vehicles of headings 8701 to 870. GST is charged at 18% (IGST for inter-state, or CGST 9% + SGST 9% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.