98071000Tariff Item (8-digit)Section XXI

HSN Code 98071000Actionable Claim Involved In Or By Way Of Betting

Full GST classification for Actionable Claim Involved In Or By Way Of Betting — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

HSN Code

98071000

Chapter

98

Digits

8-digit

Section

XXI

What is HSN Code 98071000?

HSN code 98071000 is the Harmonized System of Nomenclature classification for Actionable Claim Involved In Or By Way Of Betting under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.

This code belongs to Chapter 98 — Project Imports, Laboratory Chemicals, Passengers Baggage, Personal…, which is part of Section XXI: Works of Art & Antiques. Every GST-registered business supplying actionable claim involved in or by way of betting must quote HSN 98071000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 98071000

LevelCodeDescription
Chapter98project imports, laboratory chemicals, passengers baggage, personal importations by air or post, ship stores
Heading9807
Sub-heading980710
Tariff98071000actionable claim involved in or by way of betting

GST rate for HSN 98071000

Goods under HSN 98071000 attract GST at one of the five standard slabs. The exact rate depends on the specific product and the latest GST Council notification — always confirm before invoicing.

0%

Nil / Exempt

Fresh produce, milk, cereals, books

5%

Merit rate

Essentials, packaged food, transport

12%

Standard-low

Processed food, mobiles, apparel > ₹1,000

18%

Standard

Most goods, electronics, services

28%

Demerit / luxury

Cars, cement, aerated drinks, tobacco

Find the exact GST rate for Actionable Claim Involved In Or By Way Of Betting

HSN Code 98071000 — FAQs

What is HSN code 98071000?

HSN code 98071000 classifies "Actionable Claim Involved In Or By Way Of Betting" under India's GST regime. It falls under Chapter 98 (Project Imports, Laboratory Chemicals, Passengers Baggage, Personal…) of the Harmonized System of Nomenclature.

How many digits is HSN code 98071000?

98071000 is a 8-digit HSN code — a tariff item (8-digit). Businesses declare 4-digit HSN (turnover up to ₹5 crore) or 6-digit HSN (above ₹5 crore) on GST invoices; 8-digit codes are used for exports and imports.

What is the GST rate for HSN code 98071000?

Goods under HSN 98071000 are taxed at one of the GST slabs — 0%, 5%, 12%, 18% or 28% — depending on the exact product and the latest GST Council notification. Use the Laabam.One GST Rate Finder to confirm the current rate for Actionable Claim Involved In Or By Way Of Betting.

Which chapter does HSN code 98071000 belong to?

HSN 98071000 belongs to Chapter 98 — Project Imports, Laboratory Chemicals, Passengers Baggage, Personal…, part of Section XXI: Works of Art & Antiques.

Auto-fill HSN 98071000 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.