Chapter 3 of the GST framework covers Fish And Crustaceans, Mollusc, and HSN Code 3023400 specifically identifies Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus). Tax rates applicable include CGST at Nil, SGST/UTGST at Nil, and IGST at Nil for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 3 – Fish And Crustaceans, Mollusc
Below are related HSN codes from Chapter 3 – Fish And Crustaceans, Mollusc for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Fish And Crustaceans, Mollusc... | 3011100 | Live Fish -Ornamental Fish--Freshwater | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3011900 | Live Fish -Ornamental Fish--Other | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019100 | Live Fishother Live Fish Trout (Salmo Trutta, Onco... | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019200 | Live Fishother Live Fish Eels (Anguilla Spp.) | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019300 | Carp (Cyprinus Spp., Carassius Spp., Ctenopharyngo... | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019400 | Live Fish-Other Live Fish-- Bluefin Tunas (Thunnus... | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019500 | Live Fish-Other Live Fish--Southern Bluefin Tunas ... | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3019900 | Live Fishother Live Fish Other | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3021100 | Fish, Fresh Or Chilled, Excluding Fishfillets And ... | Nil | Nil | Nil |
| Fish And Crustaceans, Mollusc... | 3021300 | Fish, Fresh Or Chilled, Excluding Fishfillets And ... | Nil | Nil | Nil |
GST Rates for HSN 3023400
Goods classified as Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) under HSN 3023400 are taxed based on transaction type. Local sales attract CGST at Nil plus SGST/UTGST at Nil. For supplies crossing state boundaries, IGST at Nil applies. Documentation must reflect kg. as the measurement standard for Chapter 3 – Fish And Crustaceans, Mollusc products.
Who Should Use HSN Code 3023400?
Any business engaged in supplying Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) must apply HSN 3023400 on invoices. The Fish And Crustaceans, Mollusc category under Chapter 3 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus)? GST registration is mandatory for collecting and remitting taxes on HSN 3023400 goods. Companies planning international trade within Fish And Crustaceans, Mollusc 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 HSN Code 3023400 usage for Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) simplifies reconciliation and protects against penalties. Keep current with Nil, Nil, and Nil updates for Chapter 3 – Fish And Crustaceans, Mollusc to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
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 3023400 for accurate classification of Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus).
Yes, registered businesses can claim input tax credit on Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) purchases made under HSN 3023400. Ensure your supplier mentions correct HSN code and GST rates (Nil, Nil) on the invoice.
CGST at Nil plus SGST/UTGST at Nil applies when Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) is sold within the same state. IGST at Nil is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Fish,Freshorchilled,Excluding Fishfilletsandother Fishmeatof Heading 0304-Tunas (Of The Genus Thunnus), Skipjack Tuna (Stripebellied Bonito) (Katsuwonuspelamis), Excluding? Livers, Rose And Milt--Bigeye Tunas (Thunnus Obesus) internationally. For domestic trade within Fish And Crustaceans, Mollusc, GST registration is sufficient.
