Ginger Saffron Turmeric Thyme Bay Leaves Curry - GST Rates HSN Code 910

As a small or medium business owner or startup founder in India, understanding the GST rates and HSN codes for various commodities is essential. In this article, we will be discussing the GST rates and HSN code for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry. These ingredients are commonly used in Indian cuisine and are vital to the success of many small and medium food-based businesses.

GST Rates for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry

Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry fall under the category of spices, and they have a GST rate of 5%. This means that any business that deals with these ingredients will have to pay a GST of 5% on their transactions.

It is essential to note that the GST rate for spices was reduced from 12% to 5% in 2017. This reduction was made to benefit small and medium businesses that rely on spices for their products. As a result, businesses can now save on their costs and pass on the benefits to their customers.

HSN Code for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry

The HSN code for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry is 0910. This code is used to classify spices, and it is essential for businesses to include it in their invoices and other transaction documents. This code ensures that the right GST rate is applied to the transaction and helps to avoid any confusion or errors.

Conclusion

Understanding the GST rates and HSN codes for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, and Curry is essential for small and medium businesses that deal with these ingredients. By knowing the correct rates and codes, businesses can save on their costs and avoid any errors or confusion in their transactions.