Cereal groats, meal, and pellets are food products that have been processed from cereal grains. These products are commonly used in the manufacturing of animal feed, however, they can also be consumed by humans in the form of breakfast cereals and snacks. If you are a business owner who is involved in the production or sale of cereal groats, meal, or pellets, it is important to understand the GST rates and HSN codes that apply to these products. In this article, we will provide you with a detailed overview of the GST rates and HSN code for cereal groats, meal, and pellets.
The GST rates applicable for cereal groats, meal, and pellets are determined by the Indian government. The rates are based on the nature of the product and its intended use. As per the GST Act, cereal groats, meal, and pellets fall under the category of food products. The GST rate applicable for food products is divided into three categories:
Cereal groats, meal, and pellets fall under the 5% GST rate category. This is because these products are essential food items that are consumed by both humans and animals.
HSN code is a system of classification that is used to identify products and services. The HSN code for cereal groats, meal, and pellets is 1103. The HSN code for cereal groats, meal, and pellets falls under Chapter 11 of the HSN code list. Chapter 11 pertains to the classification of cereals, flour, starch, and their products.
In conclusion, if you are a business owner who is involved in the production or sale of cereal groats, meal, or pellets, it is important to understand the GST rates and HSN codes that apply to these products. Cereal groats, meal, and pellets fall under the 5% GST rate category and have an HSN code of 1103. By understanding the GST rates and HSN codes that apply to cereal groats, meal, and pellets, you can ensure that your business is compliant with the law and avoid any penalties or legal issues that may arise.
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