GST rates and HSN code for Fruit, Nuts Frozen in India

If you're a small or medium-sized business owner in India, you must be aware of the Goods and Services Tax (GST) and how it applies to your business. Understanding the GST rates and HSN codes for the products you sell is crucial to ensure that you comply with the tax rules and regulations.

In this article, we will discuss the GST rates and HSN code for Fruit, Nuts Frozen. We will provide detailed information that can help you understand how the GST works and what you need to do to ensure that your business is GST compliant.

What is GST?

The Goods and Services Tax (GST) is a comprehensive tax levied on the manufacture, sale, and consumption of goods and services in India. It was introduced on July 1, 2017, with the aim of replacing multiple indirect taxes such as excise duty, service tax, and Value Added Tax (VAT).

The GST regime has simplified the tax structure and made it easier for businesses to comply with tax rules and regulations. It has also eliminated the cascading effect of taxes, which means that businesses can claim input tax credit for the taxes paid on the goods and services they purchase.

GST Rates for Fruit, Nuts Frozen

The GST rates for Fruit, Nuts Frozen vary depending on the type of product and the HSN code. The HSN code is a 6-digit code that classifies goods and services for tax purposes. It is mandatory for businesses with an annual turnover of over Rs. 1.5 crores to mention the HSN code on their invoices.

Here is a list of the GST rates and HSN codes for Fruit, Nuts Frozen:

HSN CodeProduct DescriptionGST Rate0811Fruit and nuts, uncooked or cooked by steaming or boiling in water, frozen, whether or not containing added sugar or other sweetening matter5%

What does the GST Rate of 5% for Fruit, Nuts Frozen mean?

The GST rate of 5% for Fruit, Nuts Frozen means that if you sell these products, you will have to charge 5% GST on the selling price. If you purchase Fruit, Nuts Frozen for your business, you can claim input tax credit for the GST paid on these purchases.

It is important to note that not all Fruit, Nuts Frozen products are subject to the same GST rate. The GST rate may vary depending on factors such as the type of product and the HSN code.

How to Determine the HSN Code for Your Products

Determining the correct HSN code for your products is crucial to ensure that you comply with GST rules and regulations. Here are some tips that can help you determine the correct HSN code for your Fruit, Nuts Frozen products:

Check the product description and compare it to the list of HSN codes provided by the GST authorities.
Consult a tax expert or a chartered accountant who can provide you with guidance on the correct HSN code to use.
Use the HSN code search tool provided by the GST portal to find the right HSN code for your product.

How to Register for GST

If you are a business owner in India, it is mandatory to register for GST if your annual turnover is over Rs. 20 lakhs. Here are the steps to register for GST:

Visit the GST portal and click on the 'Register Now' button.
Enter your details such as name, PAN, mobile number, and email address.
Verify your mobile number and email address using the OTP sent to your registered mobile number and email address.
Fill in the GST registration form and upload the required documents such as PAN card, proof of address, and bank account details.
Submit the application and wait for the GST registration certificate to be issued.

Conclusion

Understanding the GST rates and HSN codes for your products is crucial to ensure that your business is GST compliant. In this article, we discussed the GST rates and HSN code for Fruit, Nuts Frozen. We also provided tips on how to determine the correct HSN code for your products and how to register for GST.

We hope that this information has been helpful to you. If you have any questions or need help with GST compliance, consult a tax expert or a chartered accountant who can guide you in the right direction.