Chapter 3 of the GST framework covers Fish And Crustaceans, Mollusc, and HSN Code 3035400 specifically identifies Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus),. 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 3035400
The tax structure for Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), under HSN Code 3035400 follows a dual taxation model. CGST is levied at Nil/2.5% and SGST/UTGST at Nil/2.5% for intrastate sales. Interstate transactions attract IGST at Nil/5%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 3 – Fish And Crustaceans, Mollusc.
Who Should Use HSN Code 3035400?
Manufacturers, wholesalers, retailers, and exporters dealing in Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), are required to mention HSN 3035400 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 Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus),? GST registration is mandatory for collecting and remitting taxes on HSN 3035400 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
Correct HSN Code 3035400 application for Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), ensures smooth input credit utilization and assessment processes. Track Nil/2.5%, Nil/2.5%, and Nil/5% rate changes for Chapter 3 – Fish And Crustaceans, Mollusc through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 3035400?
The standard unit of measurement for Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), under HSN Code 3035400 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 3035400 mandatory for small businesses?
Yes, businesses dealing in Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), must use HSN 3035400 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus),?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 3035400 for Fish And Crustaceans, Mollusc goods before invoicing.
Do I need AD Code registration for exporting Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus),?
Yes, AD Code registration is required for exporters dealing in Mackerel (Scomber Scombrus, Scomber Australasicus, Scomber Japonicus), under Fish And Crustaceans, Mollusc. This registration links your bank account to process foreign currency payments from overseas buyers.
