Chapter 3 of the GST framework covers Fish And Crustaceans, Mollusc, and HSN Code 3031300 specifically identifies Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho). Tax rates applicable include CGST at Nil/2.5%, SGST/UTGST at Nil/2.5%, and IGST at Nil/5% 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 3031300
The taxation of Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) under HSN Code 3031300 depends on supply location. Intrastate transactions require CGST at Nil/2.5% and SGST/UTGST at Nil/2.5%. Interstate supplies are charged IGST at Nil/5%. Invoices should consistently use kg. for Fish And Crustaceans, Mollusc goods under Chapter 3.
Who Should Use HSN Code 3031300?
Manufacturers, wholesalers, retailers, and exporters dealing in Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) are required to mention HSN 3031300 on all tax documents. This classification under Fish And Crustaceans, Mollusc applies to businesses of all sizes operating within Chapter 3. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho)? GST registration is mandatory for collecting and remitting taxes on HSN 3031300 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
Using HSN Code 3031300 accurately for Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) avoids compliance issues and facilitates credit claims. Monitor changes to Nil/2.5%, Nil/2.5%, and Nil/5% rates for Chapter 3 – Fish And Crustaceans, Mollusc to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 3031300 belong to?
HSN Code 3031300 falls under Chapter 3 – Fish And Crustaceans, Mollusc in the GST tariff schedule. This chapter covers various goods including Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho).
Is IGST applicable on Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho)?
Yes, IGST at Nil/5% is applicable when Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) is supplied interstate or imported. For local sales within a state, CGST at Nil/2.5% and SGST/UTGST at Nil/2.5% apply instead.
Can e-commerce sellers use HSN Code 3031300?
Yes, e-commerce sellers dealing in Atlantic Salmon (Salmo Salar) And Danube Salmon (Hucho Hucho) must use HSN 3031300 on their invoices. This applies to all online platforms operating under Fish And Crustaceans, Mollusc classification.
How do I start an import business for Fish And Crustaceans, Mollusc goods?
To import goods under Fish And Crustaceans, Mollusc, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
