Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 8901 specifically identifies cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 2.5% + SGST 2.5%

Inter-State Split

IGST 5%

Compliance Check-list

✓Mention HSN 8901 on all Tax Invoices for cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 8901

"Classifying cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Ships category. AasanKhata automatically monitors these shifts for you."