HSN Code 410 covers a wide range of edible products of animal origin, including:
Milk and cream
Dairy produce, such as cheese, yogurt, and butter
Birds' eggs
Natural honey
Edible products of animal origin, not elsewhere specified or included
The tax rate for HSN Code 410 products varies depending on the specific product. For example, milk and cream are taxed at 5%, while cheese is taxed at 12%.
HSN Code 410 plays an important role in the food industry. The tax rates for HSN Code 410 products can have a significant impact on the price of these products, which can in turn affect consumer demand.
For example, a high tax rate on cheese could make cheese less affordable for consumers. This could lead to a decrease in the demand for cheese, which could hurt businesses that produce and sell cheese.
On the other hand, a low tax rate on milk could make milk more affordable for consumers. This could lead to an increase in the demand for milk, which could benefit businesses that produce and sell milk.
Overall, HSN Code 410 is an important factor that businesses in the food industry need to be aware of. The tax rates for HSN Code 410 products can have a significant impact on the price of these products, which can in turn affect consumer demand.
HSN Code 410 is a comprehensive code that covers a wide range of edible products of animal origin. The tax rate for HSN Code 410 products varies depending on the specific product, but it is important for businesses in the food industry to be aware of these tax rates as they can have a significant impact on the price of these products and consumer demand.
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