If you are a small or medium business owner, or a startup founder in India, understanding the GST rates and HSN codes for your products is crucial. In this article, we will be discussing the GST rates and HSN codes for bran, sharps, and other residues, which can be used as animal feed.
Bran, sharps, and other residues fall under the category of animal feed. The GST rates for animal feed are as follows:
This means that if you are selling bran, sharps, or other residues in pellet form, you will be charged a GST rate of 5%. However, if you are selling them in any other form, you will be charged a GST rate of 12%. It is important to keep these rates in mind when calculating the cost of your product.
The HSN code for bran, sharps, and other residues is 2302. This code falls under the category of animal feed, and is used to classify these products for tax purposes. It is important to use the correct HSN code when filing your GST returns, as this will ensure that you are charged the correct rate of tax.
Understanding the GST rates and HSN codes for your products is crucial for small and medium business owners, and startup founders in India. If you are selling bran, sharps, or other residues as animal feed, you will be charged a GST rate of either 5% or 12%, depending on the form in which the product is sold. The HSN code for these products is 2302, which is used to classify them for tax purposes.
GST Rate HSN Code for Cork and Articles of Cork - Chapter 45
NOT FROZEN - GST RATES & HSN CODE 3062
GSTR 9: Annual Return Due Date, Applicability, Limit, Late Fees
