Within Chapter 1 – Live Animals; Animal Products, HSN Code 1051500 serves as the official classification for Guinea Fowls. This code determines tax rates and compliance obligations for all entities trading in Guinea Fowls. CGST applies at Nil, SGST/UTGST at Nil for local transactions, and IGST at Nil for interstate supplies. Measurement is standardized in 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 1051500
Tax liability for Guinea Fowls under HSN 1051500 varies by transaction geography. CGST at Nil combined with SGST/UTGST at Nil applies to local sales. Interstate movement attracts IGST at Nil. All billing for Chapter 1 – Live Animals; Animal Products products must use u.
Who Should Use HSN Code 1051500?
Any business engaged in supplying Guinea Fowls must apply HSN 1051500 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
Entering the Guinea Fowls market requires essential registrations. GST registration enables legal tax collection on HSN 1051500 goods. For cross-border trade in Live Animals; Animal Products items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Proper use of HSN Code 1051500 for Guinea Fowls streamlines audit processes and supports valid credit claims. Stay updated on Nil, Nil, and Nil rates for Chapter 1 – Live Animals; Animal Products through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 1051500 used for?
HSN Code 1051500 is used to classify Guinea Fowls under Chapter 1 – Live Animals; Animal Products for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 1051500?
For Guinea Fowls, CGST applies at Nil and SGST/UTGST at Nil for intrastate supplies. Interstate transactions are taxed under IGST at Nil.
Do I need GST registration to trade in Guinea Fowls?
Yes, GST registration is mandatory for businesses dealing in Guinea Fowls under HSN 1051500. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Guinea Fowls?
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.
