Under the GST regime, HSN Code 16055200 classifies Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops within Chapter 16 – Preparations Of Meat, Of Fish. This code is essential for businesses to correctly calculate and remit taxes on Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops. The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% for interstate supplies. Goods are quantified using 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 16055200
The taxation of Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops under HSN Code 16055200 depends on supply location. Intrastate transactions require CGST at 6.00% and SGST/UTGST at 6.00%. Interstate supplies are charged IGST at 12.00%. Invoices should consistently use kg. for Preparations Of Meat, Of Fish goods under Chapter 16.
Who Should Use HSN Code 16055200?
Manufacturers, wholesalers, retailers, and exporters dealing in Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops are required to mention HSN 16055200 on all tax documents. This classification under Preparations Of Meat, Of Fish applies to businesses of all sizes operating within Chapter 16. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops? GST registration is your first compliance requirement for HSN 16055200 goods. International traders in Preparations Of Meat, Of Fish products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Using HSN Code 16055200 accurately for Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops 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)
What is HSN Code 16055200 used for?
HSN Code 16055200 is used to classify Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops under Chapter 16 – Preparations Of Meat, Of Fish 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 16055200?
For Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops, CGST applies at 6.00% and SGST/UTGST at 6.00% for intrastate supplies. Interstate transactions are taxed under IGST at 12.00%.
Do I need GST registration to trade in Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops?
Yes, GST registration is mandatory for businesses dealing in Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops under HSN 16055200. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs-- Scallops, Including Queen Scallops?
For importing goods under Preparations Of Meat, Of Fish, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.