Casein Caseinates - GST Rates HSN CODE 3501

Are you a small or medium business owner in India looking to understand the GST rates and HSN code for casein and caseinates? Look no further! In this article, we will dive into the details of these products and what you need to know about their GST rates and HSN codes.

First, let's start with understanding what casein and caseinates are. Casein is a milk protein that is commonly used in food and dairy products. It is a slow-digesting protein that is often used in protein powders for its muscle-building benefits. Caseinates, on the other hand, are derived from casein and are often used in processed foods as an emulsifier or thickener.

Now that we know what casein and caseinates are, let's look at the GST rates for these products. According to the Goods and Services Tax (GST) Act, casein falls under the category of dairy products and is taxed at a rate of 5%. Caseinates, on the other hand, fall under the category of other food preparations and are taxed at a rate of 18%.

It's important to note that the GST rates for casein and caseinates may vary depending on the specific product and its intended use. If you're unsure about the GST rate for your specific product, it's best to consult with a tax professional.Now let's move on to the HSN codes for casein and caseinates. HSN codes, or Harmonized System of Nomenclature codes, are used to classify goods for tax purposes. The HSN code for casein is 3501, while the HSN code for caseinates is 3504.When using these HSN codes, it's important to ensure that they are accurate and up-to-date to avoid any potential tax issues. If you're unsure about your HSN code or need assistance with classifying your product, it's best to consult with a tax professional.

In conclusion, understanding the GST rates and HSN codes for casein and caseinates is crucial for small and medium business owners in India. By properly classifying your products and paying the correct amount of taxes, you can avoid potential legal and financial issues down the line. Are you a small or medium business owner in India looking to understand the GST rates and HSN code for casein and caseinates? Look no further! In this article, we will dive into the details of these products and what you need to know about their GST rates and HSN codes.