Chapter 1 of the GST framework covers Live Animals; Animal Products, and HSN Code 1019020 specifically identifies Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock. Tax rates applicable include CGST at Nil, SGST/UTGST at Nil, and IGST at Nil 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... | 1012990 | Other | 0.06 | 0.06 | 0.12 |
| 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 |
GST Rates for HSN 1019020
For Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock classified under HSN Code 1019020, tax computation follows GST principles. CGST at Nil plus SGST/UTGST at Nil covers intrastate sales. IGST at Nil applies to interstate transactions. u is the prescribed measurement for Live Animals; Animal Products under Chapter 1.
Who Should Use HSN Code 1019020?
Any business engaged in supplying Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock must apply HSN 1019020 on invoices. The Live Animals; Animal Products category under Chapter 1 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock? GST registration is mandatory for collecting and remitting taxes on HSN 1019020 goods. Companies planning international trade within Live Animals; Animal Products must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Correct HSN Code 1019020 application for Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock ensures smooth input credit utilization and assessment processes. Track Nil, Nil, and Nil rate changes for Chapter 1 – Live Animals; Animal Products through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 1019020?
The standard unit of measurement for Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock under HSN Code 1019020 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 1019020 mandatory for small businesses?
Yes, businesses dealing in Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock must use HSN 1019020 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 Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 1019020 for Live Animals; Animal Products goods before invoicing.
Do I need AD Code registration for exporting Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock?
Yes, AD Code registration is required for exporters dealing in Live Horses, Asses, Mules And Hinnies - Other - Asses, Mules And Hinnies As Live Stock under Live Animals; Animal Products. This registration links your bank account to process foreign currency payments from overseas buyers.
