New
Published on:
February 25, 2023
By
Harshini

GST Rates and HSN Code for Frozen Macrobactium

As a small and medium business owner or a startup founder, you must be aware of the different GST rates and HSN codes that apply to your products. In this article, we will discuss the GST rates and HSN code for Frozen Macrobactium, a popular seafood item in India.

What is Frozen Macrobactium?

Frozen Macrobactium is a type of seafood that is widely consumed in India. It is a type of shrimp that is usually frozen to preserve its freshness and taste. It is often used in a variety of dishes, such as curries, stir-fries, and salads.

GST Rates for Frozen Macrobactium

The GST rate for Frozen Macrobactium is 5%. This is applicable to all types of Frozen Macrobactium, whether it is raw or cooked. It is important to note that this rate is applicable only if the Frozen Macrobactium is not branded. If it is branded, the GST rate will be 18%.

HSN Code for Frozen Macrobactium

The HSN code for Frozen Macrobactium is 0306. This code is applicable to all types of Frozen Macrobactium, whether it is raw or cooked. This code is used to identify Frozen Macrobactium and other types of seafood in the GST system.

Conclusion

As a small and medium business owner or a startup founder, it is important to understand the GST rates and HSN code for the products you sell. In the case of Frozen Macrobactium, the applicable GST rate is 5% if the product is not branded and 18% if it is branded. The HSN code for Frozen Macrobactium is 0306. We hope this article has helped you understand the GST rates and HSN code for Frozen Macrobactium.

Suggestions



Electric Vehicle (EV) Battery Manufacturers In India
How Harvesting Machinery Can Benefit Small and Medium Business Owners and Startup Founders in India
The Impact of GST on E-Commerce Businesses in India

Updated on:
March 16, 2024