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Published on:
February 25, 2023
By
Pranjal Gupta

Citrus Fruit - GST Rates  HSN Code 805

Citrus fruits are a popular fruit category that includes a variety of fruits like oranges, lemons, limes, grapefruits, and tangerines. They are loved by many people around the world for their delicious taste and high nutritional value. In India, citrus fruits are grown in many states such as Maharashtra, Tamil Nadu, Andhra Pradesh, and Kerala. They are an essential ingredient in many dishes, and their demand is high in the country. If you are a small or medium business owner or a startup founder, you need to know about the GST rates and HSN codes for citrus fruits to comply with tax regulations.

HSN Code for Citrus Fruit:

The Harmonized System of Nomenclature (HSN) is a six-digit code used by the Indian government to classify goods for taxation purposes. Citrus fruits fall under HSN code 805. This code is used to identify citrus fruits and distinguish them from other fruits for tax purposes. It is important to use the correct HSN code to avoid any confusion during the tax filing process.

GST Rates for Citrus Fruit:

The Goods and Services Tax (GST) is a tax on the supply of goods and services in India. Citrus fruits are subject to GST, and the rates depend on the type of fruit and its stage of processing. The GST rates for citrus fruits are as follows:-

1. Fresh citrus fruits are exempt from GST.

2. Dried citrus fruits are taxed at 5% GST.

3. Citrus fruit juices and concentrates are taxed at 12% GST.

It is important to note that the GST rates are subject to change by the government, and it is crucial to stay updated with the current rates to avoid any penalties.

Benefits of Consuming Citrus Fruits:

Citrus fruits are not only delicious but also offer a wide range of health benefits. They are rich in vitamin C, which helps to boost the immune system and fight off infections. They also contain antioxidants that protect the body from free radicals, which can cause cellular damage. Citrus fruits are also a good source of dietary fiber, which is important for maintaining healthy digestion.

Conclusion:

Citrus fruits are a popular fruit category that is loved by many people worldwide. In India, they are an essential ingredient in many dishes, and their demand is high. As a small or medium business owner or a startup founder, it is important to know about the GST rates and HSN codes for citrus fruits to comply with tax regulations. The HSN code for citrus fruits is 805, and the GST rates vary depending on the type of fruit and its stage of processing. Always stay updated with the current GST rates to avoid any penalties. Lastly, consuming citrus fruits comes with many health benefits, and they should be included in your daily diet for a healthy lifestyle.

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Updated on:
March 14, 2023