Within Chapter 3 – Fish And Crustaceans, Mollusc, HSN Code 3049400 serves as the official classification for Alaska Pollock (Theragra Chalcogramma). This code determines tax rates and compliance obligations for all entities trading in Alaska Pollock (Theragra Chalcogramma). CGST applies at Nil/2.5%, SGST/UTGST at Nil/2.5% for local transactions, and IGST at Nil/5% for interstate supplies. Measurement is standardized in 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 3049400

Goods classified as Alaska Pollock (Theragra Chalcogramma) under HSN 3049400 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.

Who Should Use HSN Code 3049400?

Manufacturers, wholesalers, retailers, and exporters dealing in Alaska Pollock (Theragra Chalcogramma) are required to mention HSN 3049400 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 Alaska Pollock (Theragra Chalcogramma)? GST registration is mandatory for collecting and remitting taxes on HSN 3049400 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 HSN Code 3049400 usage for Alaska Pollock (Theragra Chalcogramma) simplifies reconciliation and protects against penalties. Keep current with Nil/2.5%, Nil/2.5%, and Nil/5% updates for Chapter 3 – Fish And Crustaceans, Mollusc to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 3049400?

The standard unit of measurement for Alaska Pollock (Theragra Chalcogramma) under HSN Code 3049400 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 3049400 mandatory for small businesses?

Yes, businesses dealing in Alaska Pollock (Theragra Chalcogramma) must use HSN 3049400 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 Alaska Pollock (Theragra Chalcogramma)?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 3049400 for Fish And Crustaceans, Mollusc goods before invoicing.

Do I need AD Code registration for exporting Alaska Pollock (Theragra Chalcogramma)?

Yes, AD Code registration is required for exporters dealing in Alaska Pollock (Theragra Chalcogramma) under Fish And Crustaceans, Mollusc. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 3

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