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Verified Category: Toys

HSN Code 9503

Tricycles, scooters, toys

Current GST Rate
12%
Verified ✓

Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 9503 specifically identifies tricycles, scooters, toys for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split
CGST 6% + SGST 6%
Inter-State Split
IGST 12%

Compliance Check-list

  • Mention HSN 9503 on all Tax Invoices for tricycles, scooters, toys
  • 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 9503

"Classifying tricycles, scooters, toys correctly is critical to avoid litigation. While the base rate is 12%, always check for anti-dumping duties if importing, especially under the Toys category. AasanKhata automatically monitors these shifts for you."