Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 8906 specifically identifies other vessels, including warships and lifeboats other than rowing boats 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 8906 on all Tax Invoices for other vessels, including warships and lifeboats other than rowing boats
✓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 8906

"Classifying other vessels, including warships and lifeboats other than rowing boats 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."