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Published on:
February 25, 2023
By
Pranjal Gupta

Understanding GST Rates and HSN Code for Guts, Bladders, Stomachs Of Animals

The Indian government introduced the Goods and Services Tax (GST) in July 2017. The GST replaced multiple indirect taxes and simplified the taxation system in India. The GST rates for different goods and services are categorized into four tax slabs: 5%, 12%, 18%, and 28%. In this article, we will discuss the GST rates and HSN code for guts, bladders, and stomachs of animals.

What are Guts, Bladders, and Stomachs of Animals?

Guts, bladders, and stomachs of animals are parts of the digestive system of animals. These parts are used for various purposes, such as food, medicine, and leather production. In India, the most commonly used animal parts for food are the stomachs and intestines of goats and sheep.

GST Rates and HSN Code for Guts, Bladders, and Stomachs of Animals

The GST rates and HSN code for guts, bladders, and stomachs of animals depend on the usage of these parts. The following table shows the GST rates and HSN code for different types of animal parts:

HSN CodeDescriptionRate (%)0504Guts, bladders, and stomachs of animals (other than fish), whole and pieces thereof, fresh, chilled, frozen, salted, in brine, dried or smoked.541Raw hides and skins (other than fur skins) and leather.12

As per the above table, the GST rate for guts, bladders, and stomachs of animals is 5%. The HSN code for Guts, Bladders, Stomachs Of Animals is 0504. These products fall under the category of animal products.

GST Rates for Leather Production

Guts, bladders, and stomachs of animals are used as raw materials in the leather industry. The GST rate for raw hides and skins (other than fur skins) and leather is 12%. The HSN code for raw hides and skins (other than fur skins) and leather is 41.

Conclusion

Guts, bladders, and stomachs of animals are important parts of the digestive system of animals. These parts are used for various purposes, such as food, medicine, and leather production. The GST rates and HSN code for guts, bladders, and stomachs of animals depend on the usage of these parts. The GST rate for guts, bladders, and stomachs of animals is 5%, and the HSN code for these products is 0504. The GST rate for raw hides and skins (other than fur skins) and leather is 12%, and the HSN code for these products is 41.

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Updated on:
March 16, 2024