Within Chapter 1 – Live Animals; Animal Products, HSN Code 1061400 serves as the official classification for Rabits And Hares. This code determines tax rates and compliance obligations for all entities trading in Rabits And Hares. 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 1061400
Goods classified as Rabits And Hares under HSN 1061400 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 1061400?
Traders, manufacturers, and importers of Rabits And Hares are required to mention HSN Code 1061400 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
Entering the Rabits And Hares market requires essential registrations. GST registration enables legal tax collection on HSN 1061400 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
Correct HSN Code 1061400 application for Rabits And Hares 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)
Which chapter does HSN Code 1061400 belong to?
HSN Code 1061400 falls under Chapter 1 – Live Animals; Animal Products in the GST tariff schedule. This chapter covers various goods including Rabits And Hares.
Is IGST applicable on Rabits And Hares?
Yes, IGST at Nil is applicable when Rabits And Hares is supplied interstate or imported. For local sales within a state, CGST at Nil and SGST/UTGST at Nil apply instead.
Can e-commerce sellers use HSN Code 1061400?
Yes, e-commerce sellers dealing in Rabits And Hares must use HSN 1061400 on their invoices. This applies to all online platforms operating under Live Animals; Animal Products classification.
How do I start an import business for Live Animals; Animal Products goods?
To import goods under Live Animals; Animal Products, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
