GST Rates and HSN Code for Meat of Bovine Animals, Fresh, Chilled - A Comprehensive Guide

If you're part of the meat industry or are simply curious about the GST rates and HSN codes for meat of bovine animals, fresh, chilled, then you've come to the right place. In this guide, we'll cover everything you need to know about the GST rates and HSN codes for this product.

What is Meat of Bovine Animals, Fresh, Chilled?

Meat of bovine animals, fresh, chilled refers to beef that has been freshly slaughtered and has not been frozen. This meat is often sold in butcher shops or supermarkets and is a staple in many households and restaurants around the world.

What is HSN Code?

The Harmonized System of Nomenclature, or HSN, is a six-digit code used to classify goods for taxation purposes. It was developed by the World Customs Organization (WCO) and is used by most countries around the world.

The HSN code for meat of bovine animals, fresh, chilled is 0201.

GST Rates for Meat of Bovine Animals, Fresh, Chilled

GST, or Goods and Services Tax, is an indirect tax that is levied on the supply of goods and services in India. The GST rates for meat of bovine animals, fresh, chilled are as follows:

5% GST is applicable for meat of bovine animals, fresh, chilled

This means that if you're a supplier of meat of bovine animals, fresh, chilled, you'll need to charge your customers 5% GST on top of the selling price.

How to Determine the HSN Code for Meat of Bovine Animals, Fresh, Chilled

If you're a supplier of meat of bovine animals, fresh, chilled, you'll need to determine the correct HSN code for your product in order to charge the correct amount of GST. The HSN code for meat of bovine animals, fresh, chilled is 0201.

You can also visit the GST portal to find the correct HSN code for your product. Simply search for the product using keywords and the portal will provide you with the correct HSN code.

Conclusion

In conclusion, the GST rates and HSN code for meat of bovine animals, fresh, chilled are as follows: 5% GST and HSN code 0201. As a supplier of this product, it's important to charge the correct amount of GST in order to remain compliant with Indian tax laws. You can find the correct HSN code for your product by visiting the GST portal or by consulting with a tax professional.