Chapter 1 of the GST framework covers Live Animals; Animal Products, and HSN Code 1069020 specifically identifies Other Live Animals - Other - Pure Line Stock for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Live Animals - Other - Pure Line 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 1069020
Tax liability for Other Live Animals - Other - Pure Line Stock under HSN 1069020 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 1069020?
Traders, manufacturers, and importers of Other Live Animals - Other - Pure Line Stock are required to mention HSN Code 1069020 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 Other Live Animals - Other - Pure Line Stock market requires essential registrations. GST registration enables legal tax collection on HSN 1069020 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 1069020 for Other Live Animals - Other - Pure Line Stock 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)
How many digits of HSN Code 1069020 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 1069020 for accurate classification of Other Live Animals - Other - Pure Line Stock.
Can I claim input tax credit on Other Live Animals - Other - Pure Line Stock purchases?
Yes, registered businesses can claim input tax credit on Other Live Animals - Other - Pure Line Stock purchases made under HSN 1069020. Ensure your supplier mentions correct HSN code and GST rates (Nil, Nil) on the invoice.
What is the difference between CGST and IGST for HSN 1069020?
CGST at Nil plus SGST/UTGST at Nil applies when Other Live Animals - Other - Pure Line Stock is sold within the same state. IGST at Nil is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Other Live Animals - Other - Pure Line Stock domestically?
No, Import Export Code is only required if you plan to import or export Other Live Animals - Other - Pure Line Stock internationally. For domestic trade within Live Animals; Animal Products, GST registration is sufficient.
