Form 16 VS Form 16 A VS Form 16B VS Form 16C: Key Differences
21 Feb, 2025
By Online Legal India
Published On 17 Jan 2025
Updated On 20 Jan 2025
Category GST
Understanding the HSN code in GST for live animals and poultry is essential for businesses involved in the trade of these goods. Chapter 1 of the GST framework outlines the classifications and GST rates applicable to them. It's crucial for sellers to ensure accurate HSN code registration and GST registration to comply with tax regulations and avoid penalties.
| Rate | Product details | HSN Codes | Import and export related HSN codes |
|---|---|---|---|
| Nil | Live asses, mules and hinnies | [0101] | [01012990, 01013010, 01013020, 01013090, 01019010, 01019030, 01019090] |
| 12% | Horses for Polo | [0101] | [01012910] |
| Nil | Live bovine animals | [0102] | [01022110, 01022120, 01022910, 01022990, 01023100, 01023900] |
| Nil | Live swine | [0103] | [01031000, 01039100, 01039200] |
| Nil | Live sheep and goats | [0104] | [01041010, 01041090, 01042000] |
| 12% | Live Horses | [01012100] | No Import and export related HSN codes Prescribed |
| 12% | Live Horses | [010129] | No Import and export related HSN codes Prescribed |
| NIL | Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls | 0105 | [01051100, 01051200, 01051300, 01051900, 01059400, 01059900] |
| NIL | Mammals, birds and Insects | 0106 | [01061100, 01061200, 01061300, 01061400, 01061900, 01062000, 01063100, 01063200, 01063300, 01063900, 01064110, 01064190, 01064910, 01064990] |
Chapter 1 of the Harmonized System of Nomenclature (HSN) covers live animals. The Goods and Services Tax (GST) rate for most live animals under Chapter 1 is 0%. Some exceptions may include specific breeds or animals for racing/polo, which may be subject to a 12% GST rate.
Disclaimer: The GST rate, HSN codes, and associated rates have been compiled based on the author’s understanding and may be updated periodically in accordance with the prevailing laws. This content does not constitute professional advice or a formal recommendation. While every effort has been made to ensure accuracy, errors and omissions are possible. Online Legal India will not be held liable for any loss or damage resulting from inaccurate or incomplete information, including those related to GST registration.
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