What is HSN code 5040039?

HSN code 5040039 is a classification under the Harmonized System of Nomenclature used to identify goods for GST in India. The goods description and applicable GST rate are shown in the details on this page.

What is the GST rate for HSN code 5040039?

The GST rate applicable to HSN 5040039 is shown in the details above. GST rates are revised from time to time through CBIC notifications, so always confirm the current rate before raising an invoice.

How many digits does an HSN code have?

Under Indian GST, HSN codes are 2, 4, 6 or 8 digits. Businesses quote 4, 6 or 8 digits on invoices depending on turnover; code 5040039 follows this same structure.

What is the structure of HSN code 5040039?

An HSN code breaks down into a 2-digit Chapter, 4-digit Heading and 6-digit Sub-heading, extending to an 8-digit tariff item in India. Code 5040039 sits within this hierarchy.

Where is the HSN code used?

HSN codes are quoted on GST invoices and in GSTR-1 returns, and are used to classify goods for GST rate determination and customs.

HSN Code: 5040039 Guts, Bladders And Stomachs

Under the GST regime, HSN Code 5040039 classifies Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... within Chapter 5 – Products Of Animal Origin, No. This code is essential for businesses to correctly calculate and remit taxes on Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, .... 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..

HSN Codes under Chapter 5 – Products Of Animal Origin, No

Below are related HSN codes from Chapter 5 – Products Of Animal Origin, No for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Products Of Animal Origin, No...	5010010	Human Hair, Unworked, Whether Or - Not Washed Or S...	Nil	Nil	Nil
Products Of Animal Origin, No...	5010020	Human Hair, Unworked, Whether Or - Not Washed Or S...	Nil	Nil	Nil
Products Of Animal Origin, No...	5021010	Pigs, Hogsor Boarsbristles And Hair;Badger Hair An...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5021020	Pigs, Hogs Or Boars Bristles And Hair;Badger Hair ...	0.025	0.025	0.05
Products Of Animal Origin, No...	5029010	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5029020	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5029090	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	0.025	0.025	0.05
Products Of Animal Origin, No...	5040010	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%
Products Of Animal Origin, No...	5040020	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%
Products Of Animal Origin, No...	5040031	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%

GST Rates for HSN 5040039

For Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... classified under HSN Code 5040039, 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 Products Of Animal Origin, No under Chapter 5.

Who Should Use HSN Code 5040039?

Any business engaged in supplying Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... must apply HSN 5040039 on invoices. The Products Of Animal Origin, No category under Chapter 5 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Commencing trade in Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ...? Secure GST registration to handle taxes on HSN 5040039 classified goods. Businesses with international operations in Products Of Animal Origin, No 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 5040039 application for Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... ensures smooth input credit utilization and assessment processes. Track Nil/2.5%, Nil/2.5%, and Nil/5% rate changes for Chapter 5 – Products Of Animal Origin, No through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 5040039 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 5040039 for accurate classification of Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ....

Can I claim input tax credit on Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... purchases?

Yes, registered businesses can claim input tax credit on Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... purchases made under HSN 5040039. Ensure your supplier mentions correct HSN code and GST rates (Nil/2.5%, Nil/2.5%) on the invoice.

What is the difference between CGST and IGST for HSN 5040039?

CGST at Nil/2.5% plus SGST/UTGST at Nil/2.5% applies when Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... is sold within the same state. IGST at Nil/5% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... domestically?

No, Import Export Code is only required if you plan to import or export Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, Frozen, Salted, - In Brine, Dried Or Smoked - Guts, Bladders And Stomachs Of Animals - (Other Than Fish), Whole And Pieces - Thereof, Fresh, Chilled, ... internationally. For domestic trade within Products Of Animal Origin, No, GST registration is sufficient.

HSN Code & GST Rates for Guts, Bladders And Stomachs :- 5040039