Under the GST regime, HSN Code 1021090 classifies Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other within Chapter 1 – Live Animals; Animal Products. This code is essential for businesses to correctly calculate and remit taxes on Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other. The applicable rates are CGST at Nil, SGST/UTGST at Nil for within-state sales, and IGST at Nil for interstate supplies. Goods are quantified using 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 1021090
Goods classified as Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other under HSN 1021090 are taxed based on transaction type. Local sales attract CGST at Nil plus SGST/UTGST at Nil. For supplies crossing state boundaries, IGST at Nil applies. Documentation must reflect u as the measurement standard for Chapter 1 – Live Animals; Animal Products products.
Who Should Use HSN Code 1021090?
Traders, manufacturers, and importers of Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other are required to mention HSN Code 1021090 on all GST documents. This Live Animals; Animal Products classification under Chapter 1 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other? GST registration is mandatory for collecting and remitting taxes on HSN 1021090 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
Accurate HSN Code 1021090 usage for Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other simplifies reconciliation and protects against penalties. Keep current with Nil, Nil, and Nil updates for Chapter 1 – Live Animals; Animal Products to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 1021090 is used to classify Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other under Chapter 1 – Live Animals; Animal Products for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other, CGST applies at Nil and SGST/UTGST at Nil for intrastate supplies. Interstate transactions are taxed under IGST at Nil.
Yes, GST registration is mandatory for businesses dealing in Live Bovine Animals - Bulls - Pure-Bred Breeding Animals Other under HSN 1021090. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Live Animals; Animal Products, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.