Last updated: February 25th, 2020 1:19 PM

HSN Code and GST Rate for Ships, Boats and Floating Structures

In this article, we look at the HSN code and GST rate for ships, boats and floating structures. Chapter 89 of the HSN Code details on the GST rate for ships, boats and floating structures. A hull, an unfinished or incomplete vessel, assembled, unassembled, or disassembled, or a complete vessel unassembled or disassembled, is to be classified in heading 8906 if it does not have the essential character of a vessel of a particular kind.

HSN Code	HSN Code Description	Policy	Policy Conditions	GST Rate in Percentage
8901	CRUISE SHIPS, EXCURSION BOATS, FERRY-BOATS, CARGO SHIPS, BARGES AND SIMILAR VESSELS FOR THE TRANSPORT OF PERSONS OR GOODS
8901 10	Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds:
8901 10 10	Ships	Free		5
8901 10 20	Launches	Free		5
8901 10 30	Boats	Free		5
8901 10 40	Barges	Free		5
8901 10 90	Other	Free		5
8901 20 00	Tankers	Free		5
8901 30 00	Refrigerated vessels, other than those of Subheading 8901 20	Free		5
8901 90 00	Other vessels for the transport of goods and other vessels for the transport of both persons and goods	Free		5
8902	FISHING VESSELS; FACTORY SHIPS AND OTHER VESSELS FOR PROCESSING OR PRESERVING FISHERY PRODUCTS
8902 00	Fishing vessels; factory ships and other vessels for processing or preserving fishery products:
8902 00 10	Trawlers and other fishing vessels	Free	Import subject to approval or guidelines issued by Department of Animal Husbandry, Dairying & Fisheries	5
8902 00 90	Other	Free	Import subject to approval or guidelines as issued by Department of Animal Husbandry, Dairying & Fisheries	5
8903	YACHTS AND OTHER VESSELS FOR PLEASURE OR SPORTS; ROWING BOATS AND CANOES
8903 10 00	Inflatable	Free		28
	Other :
8903 91 00	Sailboats, with or without auxiliary motor	Free		28
8903 92 00	Motorboats, other than outboard motorboats	Free		28
8903 99	Other:
8903 99 10	Canoes	Free		28
8903 99 90	Other	Free		28
8904 00 00	Tugs and Pusher craft	Free		5
8905	LIGHT-VESSELS, FIRE-FLOATS, DREDGERS, FLOATING CRANES, AND OTHER VESSELS THE NAVIGABILITY OF WHICH IS SUBSIDIARY TO THEIR MAIN FUNCTION; FLOATING DOCKS; FLOATING OR SUBMERSIBLE DRILLING OR PRODUCTION PLATFORMS
8905 10 00	Dredgers	Free		5
8905 20 00	Floating or submersible drilling or production platforms	Free		5
8905 90	Other:
8905 90 10	Floating docks	Free		5
8905 90 90	Other	Free		5
8906	OTHER VESSELS, INCLUDING WARSHIPS AND LIFEBOATS OTHER
	THAN ROWING BOATS
8906 10 00	Warships	Restricted		5
8906 90 00	Other	Free		5
8907	OTHER FLOATING STRUCTURES (FOR EXAMPLE, RAFTS, TANKS, COFFER- DAMS, LANDING-STAGES, BUOYS AND BEACONS)
8907 10 00	Inflatable rafts	Free		5
8907 90 00	Other	Free		5
8908 00 00	Vessels and other floating structures for breaking up	Free		18

Click here to read on HSN Code and GST Rate for Tobacco and Tobacco Substitutes

Import Policies for Ships and Boats

The following policies are applicable for import of ships, boats and floating structures.

• Import of ships, vessels, boats and other coastal water transport craft may be made without a licence on the basis of approval or guidelines issued by the Ministry of Surface Transport, Government of India.
• Import of Trawlers may be made without a licence on the basis of approval or guidelines issued by Department of Animal Husbandry and Dairying, Government of India.
• Old ships, vessels, etc., for the purpose of breaking, are freely importable.
• Any item required for the specific purpose or use in connection with shipbuilding and the import of which has been shown as restricted in the ITC (HS) Classifications of Export and Import items may be imported without an import licence by the industrial undertakings engaged in shipbuilding, subject to actual user condition.
• Any item required for the specific purpose or use in connection with ship repairing and the import of which has been shown as restricted in the ITC (HS) Classifications of Export and Import items, may be imported without an import licence by ship repairing units, duly registered with the Director General (Shipping), Mumbai (working in customs bonded premises), subject to actual user condition and also subject to such conditions as may be notified by the Department of Revenue from time to time in this regard.

Click here to find GST rate for all goods and services in India. Visit IndiaFilings GST Portal for obtaining GST registration or filing GST returns.

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Disclaimer: We have taken the best efforts to compile the above HSN codes and GST rates. HSN codes and GST rates could change from time to time. Hence, IndiaFilings takes no responsibility for the information presented on this page.