GST Rates and HSN Code for Meat of Sheep, Goats

Meat of sheep and goats is a popular food item in India, especially in the northern and eastern regions where it is commonly consumed. However, like all food items, it is subject to GST rates and HSN codes. In this article, we will explore the GST rates and HSN codes for meat of sheep and goats.

GST Rates for Meat of Sheep and Goats

The GST rate for meat of sheep and goats is 12%. This is applicable to all types of meat, whether fresh or frozen, cut or uncut. The 12% GST rate is applicable across all states in India, except for Jammu and Kashmir.

It is worth noting that the GST rate for processed meat of sheep and goats is different from the GST rate for unprocessed meat. The GST rate for processed meat is 18%.

HSN Code for Meat of Sheep and Goats

The HSN code for meat of sheep and goats is 0204. This code is used for all types of meat, whether fresh or frozen, cut or uncut. The HSN code is used to identify the product for taxation purposes.

It is important to note that the HSN code for processed meat of sheep and goats is different from the HSN code for unprocessed meat. The HSN code for processed meat is also 0204, but with an additional subheading of 90. This subheading is used to identify the processed form of the meat.

Conclusion

In conclusion, the GST rate for meat of sheep and goats is 12%, while the HSN code for the product is 0204. It is important for small and medium business owners as well as startup founders dealing with meat of sheep and goats to keep these rates and codes in mind while conducting their business to avoid any penalties or fines.