Chapter 23 of the GST framework covers Residues And Waste From The F, and HSN Code 23099031 specifically identifies Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed. Tax rates applicable include CGST at 0.00%, SGST/UTGST at 0.00%, and IGST at 0.00% for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 23 – Residues And Waste From The F
Below are related HSN codes from Chapter 23 – Residues And Waste From The F for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Residues And Waste From The F... | 23011010 | Flours, Meals And Pellets, Of Meator Meat Offal, O... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23011090 | Flours, Meals And Pellets, Of Meator Meat Offal, O... | 0.025 | 0.025 | 0.05 |
| Residues And Waste From The F... | 23012011 | Flours, Meals And Pellets, Of Meator Meat Offal, O... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23012019 | Flours, Meals And Pellets, Of Meator Meat Offal, O... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23012090 | Flours, Meals And Pellets, Of Meator Meat Offal, O... | 0.025 | 0.025 | 0.05 |
| Residues And Waste From The F... | 23021010 | Bran, Sharps And Other Residues, Whetheror Not In ... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23021090 | Bran, Sharps And Other Residues, Whetheror Not In ... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23022010 | Bran, Sharps And Other Residues, Whetheror Not In ... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23022020 | Bran, Sharps And Other Residues, Whetheror Not In ... | 2.50% | 2.50% | 5.00% |
| Residues And Waste From The F... | 23022090 | Bran, Sharps And Other Residues, Whetheror Not In ... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 23099031
The tax structure for Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed under HSN Code 23099031 follows a dual taxation model. CGST is levied at 0.00% and SGST/UTGST at 0.00% for intrastate sales. Interstate transactions attract IGST at 0.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 23 – Residues And Waste From The F.
Who Should Use HSN Code 23099031?
Manufacturers, wholesalers, retailers, and exporters dealing in Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed are required to mention HSN 23099031 on all tax documents. This classification under Residues And Waste From The F applies to businesses of all sizes operating within Chapter 23. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed? GST registration is mandatory for collecting and remitting taxes on HSN 23099031 goods. Companies planning international trade within Residues And Waste From The F 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
Accurate application of HSN Code 23099031 for Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 23 – Residues And Waste From The F should monitor rate updates (0.00%, 0.00%, 0.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 23099031 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 23099031 for accurate classification of Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed.
Can I claim input tax credit on Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed purchases?
Yes, registered businesses can claim input tax credit on Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed purchases made under HSN 23099031. Ensure your supplier mentions correct HSN code and GST rates (0.00%, 0.00%) on the invoice.
What is the difference between CGST and IGST for HSN 23099031?
CGST at 0.00% plus SGST/UTGST at 0.00% applies when Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed is sold within the same state. IGST at 0.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed domestically?
No, Import Export Code is only required if you plan to import or export Preparations Of A Kind Used In Animal Feeding - Other : Feeds For Fish (Prawn, Etc.) : Prawn And Shrimps Feed internationally. For domestic trade within Residues And Waste From The F, GST registration is sufficient.
