Chapter 16 of the GST framework covers Preparations Of Meat, Of Fish, and HSN Code 16041500 specifically identifies Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel. Tax rates applicable include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00% for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 16 – Preparations Of Meat, Of Fish
Below are related HSN codes from Chapter 16 – Preparations Of Meat, Of Fish for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Preparations Of Meat, Of Fish... | 16010000 | Sausages And Similar Products, Of Meat, Meat Offal... | 0.06 | 0.06 | 0.12 |
| Preparations Of Meat, Of Fish... | 16021000 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16022000 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16023100 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16023200 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16023900 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16024100 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16024200 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16024900 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
| Preparations Of Meat, Of Fish... | 16025000 | Other Prepared Or Preserved Meat, Meat Offal Or Bl... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 16041500
The tax structure for Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel under HSN Code 16041500 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 16 – Preparations Of Meat, Of Fish.
Who Should Use HSN Code 16041500?
Every entity transacting in Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel must quote HSN Code 16041500 on invoices. This includes traders, distributors, and e-commerce sellers operating under Preparations Of Meat, Of Fish. Chapter 16 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel? GST registration is mandatory for collecting and remitting taxes on HSN 16041500 goods. Companies planning international trade within Preparations Of Meat, Of Fish 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
Correct HSN Code 16041500 application for Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% rate changes for Chapter 16 – Preparations Of Meat, Of Fish through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 16041500 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 16041500 for accurate classification of Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel.
Can I claim input tax credit on Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel purchases?
Yes, registered businesses can claim input tax credit on Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel purchases made under HSN 16041500. Ensure your supplier mentions correct HSN code and GST rates (6.00%, 6.00%) on the invoice.
What is the difference between CGST and IGST for HSN 16041500?
CGST at 6.00% plus SGST/UTGST at 6.00% applies when Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel is sold within the same state. IGST at 12.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel domestically?
No, Import Export Code is only required if you plan to import or export Prepared Or Preserved Fish; Caviar And Caviar Substitutes Prepared From Fish Eggs Fish, Whole Or In Pieces, But Not Minced : Mackerel internationally. For domestic trade within Preparations Of Meat, Of Fish, GST registration is sufficient.