HSN Code 3037940 provides the tax classification for Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer under Chapter 3 – Fish And Crustaceans, Mollusc of the GST tariff. Businesses dealing in Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer must use this code for proper invoicing and return filing. Applicable taxes include CGST at Nil/2.5%, SGST/UTGST at Nil/2.5%, and IGST at Nil/5%. The recognized 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 3037940
The tax structure for Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer under HSN Code 3037940 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 3037940?
Manufacturers, wholesalers, retailers, and exporters dealing in Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer are required to mention HSN 3037940 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 Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer? GST registration is mandatory for collecting and remitting taxes on HSN 3037940 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 application of HSN Code 3037940 for Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 3 – Fish And Crustaceans, Mollusc should monitor rate updates (Nil/2.5%, Nil/2.5%, Nil/5%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 3037940 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 3037940 for accurate classification of Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer.
Can I claim input tax credit on Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer purchases?
Yes, registered businesses can claim input tax credit on Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer purchases made under HSN 3037940. Ensure your supplier mentions correct HSN code and GST rates (Nil/2.5%, Nil/2.5%) on the invoice.
What is the difference between CGST and IGST for HSN 3037940?
CGST at Nil/2.5% plus SGST/UTGST at Nil/2.5% applies when Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer is sold within the same state. IGST at Nil/5% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer domestically?
No, Import Export Code is only required if you plan to import or export Fish, Frozen, Excluding Fish Fillets Andother Fish Meat Of Heading 0304 Other : Seer internationally. For domestic trade within Fish And Crustaceans, Mollusc, GST registration is sufficient.
