(Last Updated On: June 26, 2017)
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% |