Manager - Finance & Accounts
58323 Points
Joined June 2010
Hi Ravindra,
For an electric three-wheeler vehicle (used for trash collection or similar purposes), here are the relevant details:
1. HSN Code:
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Electric vehicles generally fall under HSN Code 8703 (Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars).
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More specifically, three-wheelers are classified under 8703 but you may add sub-classification for electric vehicles.
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Alternatively, you can use HSN 8703 22 for three-wheelers, but check the latest GST classification tables for your specific use case.
2. GST Rate:
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Electric vehicles currently attract a reduced GST rate of 5% under the government’s push for green mobility.
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So, for an electric three-wheeler vehicle used for trash collection, GST applicable would be 5%.
Summary:
Item |
HSN Code |
GST Rate |
Electric Three Wheeler Vehicle |
8703 |
5% |