Under the GST regime, HSN Code 3045910 classifies Hilsa within Chapter 3 – Fish And Crustaceans, Mollusc. This code is essential for businesses to correctly calculate and remit taxes on Hilsa. The applicable rates are CGST at Nil/2.5%, SGST/UTGST at Nil/2.5% for within-state sales, and IGST at Nil/5% for interstate supplies. Goods are quantified using kg..

Below are related HSN codes from Chapter 3 – Fish And Crustaceans, Mollusc for your reference:

Goods classified as Hilsa under HSN 3045910 are taxed based on transaction type. Local sales attract CGST at Nil/2.5% plus SGST/UTGST at Nil/2.5%. For supplies crossing state boundaries, IGST at Nil/5% applies. Documentation must reflect kg. as the measurement standard for Chapter 3 – Fish And Crustaceans, Mollusc products.

All businesses supplying Hilsa are obligated to use HSN 3045910 on tax invoices. From producers to retailers within Fish And Crustaceans, Mollusc, Chapter 3 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Starting a business involving Hilsa? GST registration is mandatory for collecting and remitting taxes on HSN 3045910 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.

Accurate application of HSN Code 3045910 for Hilsa 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.