16055400 is the designated HSN classification for Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid, categorized under Chapter 16 – Preparations Of Meat, Of Fish in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 6.00%, SGST/UTGST at 6.00% for local transactions, and IGST at 12.00% for interstate supplies. Quantities are measured in kg. for billing purposes.

Below are related HSN codes from Chapter 16 – Preparations Of Meat, Of Fish for your reference:

The tax structure for Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid under HSN Code 16055400 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.

Every entity transacting in Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid must quote HSN Code 16055400 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.

Starting a business involving Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid? GST registration is mandatory for collecting and remitting taxes on HSN 16055400 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.

Correct HSN Code 16055400 application for Crustaceans, Molluscs And Other Aquatic Invertebrates, Prepared Or Preserved- Molluscs--Cuttle Fish And Squid 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.