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Published on:
February 25, 2023
By
Harshini

GST Rates and HSN Code for Tilapias, Catfish, Carp, Eels, Nile Perch, Snakeheads

For small and medium business owners, understanding the GST rates and HSN codes for their products is crucial. In this article, we will discuss the GST rates and HSN codes for some of the most commonly traded fish in India - Tilapias, Catfish, Carp, Eels, Nile Perch, and Snakeheads.

GST Rates for Fish

Fish are classified under the HSN code 0302 and attract a GST rate of 5%. The GST rate for processed fish products such as fish fillets, fish fingers, and fish sausages is also 5%. This rate is applicable to both fresh and frozen fish.

HSN Code for Fish

The HSN code for fish is 0302, and it is further divided into subcategories based on the type of fish. The HSN code for Tilapias, Catfish, Carp, Eels, Nile Perch, and Snakeheads is 0302 72 00.

Tilapias

Tilapias are a popular fish in India and are commonly farmed in freshwater ponds. The HSN code for Tilapias is 0302 72 00, and the GST rate for Tilapias is 5%. Tilapias are a rich source of protein and contain omega-3 fatty acids that are beneficial to the heart.

Catfish

Catfishes are a diverse group of fish that are found in both marine and freshwater environments. The HSN code for Catfish is 0302 72 00, and the GST rate for Catfish is 5%. Catfish are a good source of protein and are low in saturated fats.

Carp

Carp is a popular fish in India and is commonly farmed in ponds and rice fields. The HSN code for Carp is 0302 72 00, and the GST rate for Carp is 5%. Carp is a rich source of protein and vitamins and is low in saturated fats.

Eels

Eels are a type of fish that are found in both freshwater and saltwater environments. The HSN code for Eels is 0302 72 00, and the GST rate for Eels is 5%. Eels are a rich source of protein and are low in saturated fats. They are also rich in vitamins and minerals such as Vitamin A, Calcium, and Iron.

Nile Perch

Nile Perch is a popular fish in India and is commonly farmed in freshwater ponds. The HSN code for Nile Perch is 0302 72 00, and the GST rate for Nile Perch is 5%. Nile Perch is a rich source of protein and contains Omega 3's which are beneficial to heart health. It is also low in saturated fats.

Snakeheads

Snakeheads are a type of fish that are found in both freshwater and saltwater environments. The HSN code for Snakeheads is 0302 72 00, and the GST rate for Snakeheads is 5%. Snakeheads are a rich source of protein and low in saturated fats. They are also rich in vitamins and minerals such as Vitamin A, Calcium, and Iron.

Conclusion

Understanding the GST rates and HSN codes is crucial for small and medium business owners who deal with fish products. The HSN code for Tilapias, Catfish, Carp, Eels, Nile Perch, and Snakeheads is 0302 72 00, and the GST rate for these fish is 5%. Fish are a rich source of protein and other nutrients and are an essential part of a balanced diet, making them a popular choice among consumers in India.

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Updated on:
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