GST Rates Chapter 89
[ As per discussions in GST Council Meeting held on 18th may 2017, 3rd June 2017, 11th June 2017 and 18th June 2017 ]
CHAPTER 89 : SHIPS, BOATS AND FLOATING STRUCTURES
|
GST RATES
| 5% : |
All goods not specified elsewhere. |
|
1. |
8901 Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods. |
|
2. |
8902 Fishing vessels; factory ships and other vessels for processing or preserving fishery products. |
|
3. |
8904 Tugs and pusher craft. |
|
4. |
8905 Lightvessels, 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. |
|
5. |
8906 Other vessels, including warships and lifeboats other than rowing boats. |
|
6. |
8907 Other floating structures (for example, rafts, tanks, coffer-dams, landing-stages, buoys and beacons). |
|
7. |
Any chapter – parts of goods of headings 8901, 8902, 8904, 8905, 8906, 8907 |
| 18% : |
1. |
Vessels and other floating structures for breaking up : 89080000 |
| 28% : |
1. |
Yachts and other vessels for pleasure or sports; rowing boats and canoes : 8903 including floating structure used for casinos etc. |
COMPENSATION CESS RATES
| Description of supply |
Tariff item, heading, sub- heading, Chapter, of goods or service, as the case may be |
Rate for GST Compensation Cess |
| (1) |
(2) |
(3) |
| ♦ Yacht and other vessels for pleasure or sports |
8903 |
3% |
