Within Chapter 3 – Fish And Crustaceans, Mollusc, HSN Code 3061750 serves as the official classification for Flower Shrimp (Penaeus Semisulcalus). This code determines tax rates and compliance obligations for all entities trading in Flower Shrimp (Penaeus Semisulcalus). 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 3061750

Tax liability for Flower Shrimp (Penaeus Semisulcalus) under HSN 3061750 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 3061750?

Manufacturers, wholesalers, retailers, and exporters dealing in Flower Shrimp (Penaeus Semisulcalus) are required to mention HSN 3061750 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 Flower Shrimp (Penaeus Semisulcalus)? GST registration is mandatory for collecting and remitting taxes on HSN 3061750 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 3061750 for Flower Shrimp (Penaeus Semisulcalus) 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)

Where can I find the official GST rate for HSN 3061750?

Official GST rates for Flower Shrimp (Penaeus Semisulcalus) under HSN 3061750 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 3061750?

Yes, online marketplaces and e-commerce operators selling Flower Shrimp (Penaeus Semisulcalus) must mention HSN Code 3061750 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 Flower Shrimp (Penaeus Semisulcalus)?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Flower Shrimp (Penaeus Semisulcalus) under HSN 3061750.

How often do GST rates change for Fish And Crustaceans, Mollusc products?

GST rates for Flower Shrimp (Penaeus Semisulcalus) 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.

More HSN codes from Chapter 3

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