Chapter 3 of the GST framework covers Fish And Crustaceans, Mollusc, and HSN Code 3048600 specifically identifies Herrings (Clupea Harengus, Clupea Pallasii) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Herrings (Clupea Harengus, Clupea Pallasii). 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 3048600
For Herrings (Clupea Harengus, Clupea Pallasii) classified under HSN Code 3048600, tax computation follows GST principles. CGST at Nil/2.5% plus SGST/UTGST at Nil/2.5% covers intrastate sales. IGST at Nil/5% applies to interstate transactions. kg. is the prescribed measurement for Fish And Crustaceans, Mollusc under Chapter 3.
Who Should Use HSN Code 3048600?
Any business engaged in supplying Herrings (Clupea Harengus, Clupea Pallasii) must apply HSN 3048600 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
Entering the Herrings (Clupea Harengus, Clupea Pallasii) market requires essential registrations. GST registration enables legal tax collection on HSN 3048600 goods. For cross-border trade in Fish And Crustaceans, Mollusc items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Using HSN Code 3048600 accurately for Herrings (Clupea Harengus, Clupea Pallasii) 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)
Where can I find the official GST rate for HSN 3048600?
Official GST rates for Herrings (Clupea Harengus, Clupea Pallasii) under HSN 3048600 are published in government notifications and the CBIC website. Current rates are CGST Nil/2.5%, SGST/UTGST Nil/2.5%, and IGST Nil/5%.
Do online marketplaces need to mention HSN 3048600?
Yes, online marketplaces and e-commerce operators selling Herrings (Clupea Harengus, Clupea Pallasii) must mention HSN Code 3048600 on invoices. This Fish And Crustaceans, Mollusc classification applies to all sales channels under Chapter 3.
What documents are needed for company registration to trade in Herrings (Clupea Harengus, Clupea Pallasii)?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Herrings (Clupea Harengus, Clupea Pallasii) under HSN 3048600.
How often do GST rates change for Fish And Crustaceans, Mollusc products?
GST rates for Herrings (Clupea Harengus, Clupea Pallasii) and other Fish And Crustaceans, Mollusc products under Chapter 3 may change through GST Council recommendations. Monitor official notifications to stay updated on Nil/2.5%, Nil/2.5%, and Nil/5% revisions.
