Chapter 16 of the GST framework covers Preparations Of Meat, Of Fish, and HSN Code 16055100 specifically identifies Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters. 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 16055100
For Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters classified under HSN Code 16055100, tax computation follows GST principles. CGST at 6.00% plus SGST/UTGST at 6.00% covers intrastate sales. IGST at 12.00% applies to interstate transactions. kg. is the prescribed measurement for Preparations Of Meat, Of Fish under Chapter 16.
Who Should Use HSN Code 16055100?
Any business engaged in supplying Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters must apply HSN 16055100 on invoices. The Preparations Of Meat, Of Fish category under Chapter 16 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters market requires essential registrations. GST registration enables legal tax collection on HSN 16055100 goods. For cross-border trade in Preparations Of Meat, Of Fish 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
Using HSN Code 16055100 accurately for Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters avoids compliance issues and facilitates credit claims. Monitor changes to 6.00%, 6.00%, and 12.00% rates for Chapter 16 – Preparations Of Meat, Of Fish to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 16055100 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 16055100 for accurate classification of Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters.
Can I claim input tax credit on Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters purchases?
Yes, registered businesses can claim input tax credit on Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters purchases made under HSN 16055100. 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 16055100?
CGST at 6.00% plus SGST/UTGST at 6.00% applies when Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters 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 Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters domestically?
No, Import Export Code is only required if you plan to import or export Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs -- Oysters internationally. For domestic trade within Preparations Of Meat, Of Fish, GST registration is sufficient.