Within Chapter 1 – Live Animals; Animal Products, HSN Code 1061300 serves as the official classification for Camels And Other Camelids (Camelidae). This code determines tax rates and compliance obligations for all entities trading in Camels And Other Camelids (Camelidae). 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 1061300

Goods classified as Camels And Other Camelids (Camelidae) under HSN 1061300 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 1061300?

Any business engaged in supplying Camels And Other Camelids (Camelidae) must apply HSN 1061300 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

Planning to trade in Camels And Other Camelids (Camelidae)? Complete GST registration to legally collect taxes on goods under HSN 1061300. Businesses importing or exporting Live Animals; Animal Products products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Correct HSN Code 1061300 application for Camels And Other Camelids (Camelidae) 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 HSN Code 1061300 used for?

HSN Code 1061300 is used to classify Camels And Other Camelids (Camelidae) 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 1061300?

For Camels And Other Camelids (Camelidae), 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 Camels And Other Camelids (Camelidae)?

Yes, GST registration is mandatory for businesses dealing in Camels And Other Camelids (Camelidae) under HSN 1061300. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Camels And Other Camelids (Camelidae)?

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.

More HSN codes from Chapter 1

Back to Top