What is HSN code 5040041?

HSN code 5040041 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 5040041?

The GST rate applicable to HSN 5040041 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 5040041 follows this same structure.

What is the structure of HSN code 5040041?

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 5040041 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: 5040041 Guts, Bladders And Stomachs

5040041 is the designated HSN classification 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, ..., categorized under Chapter 5 – Products Of Animal Origin, No in the GST tariff structure. Businesses involved in trading, manufacturing, or importing 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 this code correctly on invoices and tax returns. The applicable tax rates include CGST at Nil/2.5%, SGST/UTGST at Nil/2.5% for local transactions, and IGST at Nil/5% for interstate supplies. Quantities are measured in kg. for billing purposes.

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 5040041

The taxation 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, ... under HSN Code 5040041 depends on supply location. Intrastate transactions require CGST at Nil/2.5% and SGST/UTGST at Nil/2.5%. Interstate supplies are charged IGST at Nil/5%. Invoices should consistently use kg. for Products Of Animal Origin, No goods under Chapter 5.

Who Should Use HSN Code 5040041?

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 5040041 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 5040041 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

Accurate HSN Code 5040041 usage 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, ... simplifies reconciliation and protects against penalties. Keep current with Nil/2.5%, Nil/2.5%, and Nil/5% updates for Chapter 5 – Products Of Animal Origin, No to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 5040041?

The standard unit of measurement 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, ... under HSN Code 5040041 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 5040041 mandatory for small businesses?

Yes, businesses dealing 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, ... must use HSN 5040041 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 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, ...?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 5040041 for Products Of Animal Origin, No goods before invoicing.

Do I need AD Code registration for exporting 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, ...?

Yes, AD Code registration is required for exporters dealing 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, ... under Products Of Animal Origin, No. This registration links your bank account to process foreign currency payments from overseas buyers.

HSN Code & GST Rates for Guts, Bladders And Stomachs :- 5040041