Chapter 1 of the GST framework covers Live Animals; Animal Products, and HSN Code 1012990 specifically identifies Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other. Tax rates applicable include CGST at 0.06, SGST/UTGST at 0.06, and IGST at 0.12 for interstate movements. The standard unit of measurement is u.
HSN Codes under Chapter 1 – Live Animals; Animal Products
Below are related HSN codes from Chapter 1 – Live Animals; Animal Products for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Live Animals; Animal Products... | 1011010 | Live Horses, Asses, Mules And Hinnies Pure-Bred Br... | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1011020 | Live Horses, Asses, Mulesandhinnies Pure-Bred Bree... | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1011090 | Live Horses, Asses, Mules And Hinnies Pure-Bred Br... | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1012100 | Pure-Bred Bredding Animals | 0.06 | 0.06 | 0.12 |
| Live Animals; Animal Products... | 1012910 | Horses For Polo | 6.00% | 6.00% | 12.00% |
| Live Animals; Animal Products... | 1013010 | Pure-Bred Breeding Animals | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1013020 | Livestock | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1013090 | Other | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1019010 | Live Horses, Asses, Mules And Hinnies - Other - Ho... | Nil | Nil | Nil |
| Live Animals; Animal Products... | 1019020 | Live Horses, Asses, Mules And Hinnies - Other - As... | Nil | Nil | Nil |
GST Rates for HSN 1012990
The taxation of Other under HSN Code 1012990 depends on supply location. Intrastate transactions require CGST at 0.06 and SGST/UTGST at 0.06. Interstate supplies are charged IGST at 0.12. Invoices should consistently use u for Live Animals; Animal Products goods under Chapter 1.
Who Should Use HSN Code 1012990?
Every entity transacting in Other must quote HSN Code 1012990 on invoices. This includes traders, distributors, and e-commerce sellers operating under Live Animals; Animal Products. Chapter 1 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Other? GST registration is your first compliance requirement for HSN 1012990 goods. International traders in Live Animals; Animal Products products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Proper use of HSN Code 1012990 for Other streamlines audit processes and supports valid credit claims. Stay updated on 0.06, 0.06, and 0.12 rates for Chapter 1 – Live Animals; Animal Products through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 1012990?
The standard unit of measurement for Other under HSN Code 1012990 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 1012990 mandatory for small businesses?
Yes, businesses dealing in Other must use HSN 1012990 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Other?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 1012990 for Live Animals; Animal Products goods before invoicing.
Do I need AD Code registration for exporting Other?
Yes, AD Code registration is required for exporters dealing in Other under Live Animals; Animal Products. This registration links your bank account to process foreign currency payments from overseas buyers.
