HSN Code 3061730 provides the tax classification for Indian White Shrimp (Fenneropenaeus Indicus) under Chapter 3 – Fish And Crustaceans, Mollusc of the GST tariff. Businesses dealing in Indian White Shrimp (Fenneropenaeus Indicus) 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 3061730

Tax liability for Indian White Shrimp (Fenneropenaeus Indicus) under HSN 3061730 varies by transaction geography. CGST at Nil/2.5% combined with SGST/UTGST at Nil/2.5% applies to local sales. Interstate movement attracts IGST at Nil/5%. All billing for Chapter 3 – Fish And Crustaceans, Mollusc products must use kg..

Who Should Use HSN Code 3061730?

Traders, manufacturers, and importers of Indian White Shrimp (Fenneropenaeus Indicus) are required to mention HSN Code 3061730 on all GST documents. This Fish And Crustaceans, Mollusc classification under Chapter 3 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Commencing trade in Indian White Shrimp (Fenneropenaeus Indicus)? Secure GST registration to handle taxes on HSN 3061730 classified goods. Businesses with international operations in Fish And Crustaceans, Mollusc need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Correct HSN Code 3061730 application for Indian White Shrimp (Fenneropenaeus Indicus) 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 HSN Code 3061730 used for?

HSN Code 3061730 is used to classify Indian White Shrimp (Fenneropenaeus Indicus) under Chapter 3 – Fish And Crustaceans, Mollusc for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 3061730?

For Indian White Shrimp (Fenneropenaeus Indicus), CGST applies at Nil/2.5% and SGST/UTGST at Nil/2.5% for intrastate supplies. Interstate transactions are taxed under IGST at Nil/5%.

Do I need GST registration to trade in Indian White Shrimp (Fenneropenaeus Indicus)?

Yes, GST registration is mandatory for businesses dealing in Indian White Shrimp (Fenneropenaeus Indicus) under HSN 3061730. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Indian White Shrimp (Fenneropenaeus Indicus)?

For importing goods under Fish And Crustaceans, Mollusc, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 3

Back to Top