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Published on:
February 25, 2023
By
Prudhvi Raj

Ducks, Geese and Guinea Fowls - GST Rates and HSN Code 2073

If you are in the business of rearing ducks, geese or guinea fowls, it is important to understand the GST rates and HSN code applicable to your products. This article will provide you with a comprehensive guide to help you navigate through the complexities of the GST system.

What is GST?

GST or Goods and Services Tax is a comprehensive tax system that applies to the supply of goods and services in India. It is a destination-based tax that has been implemented to replace the numerous indirect taxes that existed before, such as VAT, excise duty, and service tax.

What are HSN codes?

HSN codes or Harmonized System of Nomenclature codes are a standardized system of names and numbers used to classify products for international trade. They are used to facilitate the classification of products for taxation purposes.

GST rates and HSN code for ducks, geese or guinea fowls

The GST rate for ducks, geese or guinea fowls is 5%. The HSN code for live ducks, geese or guinea fowls is 0105, while the HSN code for dressed ducks, geese or guinea fowls is 0207.

How to calculate GST for ducks, geese or guinea fowls?

The GST payable on ducks, geese or guinea fowls can be calculated using the following formula:

GST payable = (Total value of supply x GST rate)/100

For example, if you have sold dressed ducks worth Rs. 10,000, the GST payable would be:

(10,000 x 5)/100 = Rs. 500

Exemptions and conditions

There are no exemptions or conditions applicable to the GST rate for ducks, geese or guinea fowls.

Conclusion

Understanding the GST rates and HSN codes applicable to your business is essential for compliance and tax planning. The GST rate for ducks, geese or guinea fowls is 5% and the HSN codes for live and dressed birds are 0105 and 0207 respectively.

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