HSN means the Harmonized System of Nomenclature code used for classifying goods under GST. This classification is used in Customs, Central Excise and Foreign Trade Policy. The use of HSN codes is to make GST systematic and globally accepted. GST Rates and HSN codes for Live animals are mentioned in chapter 1.
The table given below comprises of the GST rates and HSN codes for Live animals.
|
HSN Code |
Description |
Rate (%) |
Effective From |
CESS (%) |
Related Export / Import HSN Code |
|
0101 |
Live asses, mules and hinnies |
NIL |
28/06/2017 |
|
01012910, 01012990, 01013010, 01013020, 01013090, 01019010, 01019030, 01019090 |
|
0102 |
Live bovine animals |
NIL |
28/06/2017 |
|
01022110, 01022120, 01022910, 01022990, 01023100, 01023900 |
|
0103 |
Live swine |
NIL |
28/06/2017 |
|
01031000, 01039100, 01039200 |
|
0104 |
Live sheep and goats |
NIL |
28/06/2017 |
|
01041010, 01041090, 01042000 |
|
0105 |
Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. |
NIL |
28/06/2017 |
|
01051100, 01051200, 01051300, 01051900, 01059400, 01059900 |
|
0106 |
Other live animal such as Mammals, Birds, Insects |
NIL |
28/06/2017 |
|
01061100, 01061200, 01061300, 01061400, 01061900, 01062000, 01063100, 01063200, 01063300, 01063900, 01064110, 01064190, 01064910, 01064990, 01069000 |
|
01012100 |
Live horses |
12 |
28/06/2018 |
|
|
|
010129 |
Live horses |
12 |
28/06/2017 |
|
|
Disclaimer: Rates given above are mentioned according to 31st GST board meeting held on 22nd December 2018. There might be variations because of Government’s most recent updates. Against each rate, you must check the “Effective from” date mentioned herein. On the off chance that you have to check a rates earlier than “effective from”, you can keep an eye on government site.
FAQs
As per GST Law, there is no GST payable on Live Poultry. So the rate of GST payable on Live Poultry is nil rate.
There is no GST on fresh or pasteurized milk, butter milk, curd, chena or paneer, and non-vegetarian items like eggs, chicken, fresh meat, and fresh or chilled fish. Fruits, vegetables, as well as unit container-packed frozen branded vegetables (uncooked or steamed) are also exempt.
Taxpayers having turnover exceeds Rs. 1.5 crore but up to 5.00 crore will be required to mention only two digits of HSN code. Taxpayers having turnover exceeds Rs 5.00 crore will be required to mention four digits of HSN code.
Hey @HarishMehta
From 1st April 2021, Taxpayers with an aggregate Annual Turnover of more than INR 5 Crore during the financial Year 2020-2021 have to mandatorily mention 6 digits of the HSN Code in all tax invoices.
Businesses with a turnover of up to INR 5 crore in the preceding financial year will be required to mandatorily furnish 4 digit HSN code on B2B invoices.
Hope this helps!
Hey @Dia_malhotra
Let’s take an example of Cocoa powder to calculate the GST using the HSN code.
Cocoa Powder per Kg = INR1,000.
HSN Code = 18 05 00 00
GST Rate = 18% (For Cocoa powder, not containing added sugar or sweetening matter)
Therefore, GST = INR180
Hope this helps!
Hey,
What are the consequences of not mentioning or incorrectly mentioning the HSN Code?
Hey @SonalYadav
It is very crucial to mention the correct HSN/ SAC Code on the tax invoices and Form GSTR-1, barring to do so may attract a penalty of INR 50,000 (INR 25,000 each for CGST and SGST) for non-mentioning or incorrect mention of wrong HSN/ SAC Code under Section 125 of the CGST Act.
Hope this helps!
Hey @Prasana_Srinivasan, this tool can help