GST rates and HSN code for Bike.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof | Bicycles And Other Cycles (Including Delivery Tricycles), Not Motorised Bicycles And Other Cycles (Including Delivery Tricycles), Not Motorized Other | 87120090 | 12% | Nil | 01/08/2019 1/07/2017 | – |
Bicycles And Other Cycles (Including Delivery Tricycles), Not Motorised Bicycles And Other Cycles (Including Delivery Tricycles), Not Motorised Bicycles | 87120010 | 12% | Nil | 01/08/2019 1/07/2017 | – | |
Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | Other Prepared Or Preserved Meat, Meat Offal Or Blood Other, Including Preparations Of Blood Of Any Animal | 16029000 | 12% | – | 01/07/2017 | – |
Other Prepared Or Preserved Meat, Meat Offal Or Blood Of Poultry Of Heading 0105 : Of Fowls Of The Species Gallus Domesticus | 16023200 | 12% | – | 01/07/2017 | – |
When you think of a “bike,” your mind might immediately jump to a motorcycle. However, for Goods and Services Tax (GST) purposes, the term “bike” can encompass both motorized and non-motorized two-wheelers, each with distinct HSN (Harmonized System of Nomenclature) codes and GST rates. Understanding these classifications is vital for businesses and consumers alike to ensure correct taxation. This blog post will clarify the HSN codes for different types of bikes.
Non-motorized cycles, commonly known as bicycles, fall under Chapter 87: Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Both of these categories of non-motorized bikes have a 12% GST rate with Nil Cess. It’s important to note that this rate was updated on August 1, 2019, from an earlier rate that was also effective from July 1, 2017.
While the core of “Bike HSN Code” revolves around vehicles, it’s interesting to see how the term “bike” might appear in other, unrelated classifications in the HSN system, often due to how data is sometimes associated or tagged.
It’s crucial to distinguish the “bike” in the title from motorized bikes, or motorcycles. While not explicitly detailed in the provided data, a quick search reveals that motorcycles generally fall under HSN Code 8711. Their GST rates vary depending on engine capacity, but are typically higher, often around 28% with additional cess for higher engine capacities. This reinforces the need to be precise when identifying the type of “bike” for HSN classification.
The HSN code for a standard bicycle is 87120010.
Non-motorized cycles, including bicycles, have a 12% GST rate.
Yes, HSN code 87120090 covers other non-motorized cycles, including delivery tricycles.
The 12% GST rate for bicycles became effective on August 1, 2019, following a previous rate from July 1, 2017.
Bicycles fall under Chapter 87: Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
No, non-motorized bicycles have a 12% GST, while motorized bikes (motorcycles) generally have higher GST rates (e.g., 28% or more) depending on engine capacity.
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