MILK CREAM - GST RATES  HSN CODE 401

If you're running a business that deals with milk and cream products in India, it's important to be familiar with the GST rates and HSN codes associated with these products. In this article, we'll take a detailed look at the GST rates and HSN code for milk and cream products in India.

HSN Code for Milk and Cream Products

The HSN code for milk and cream products is 0401. This code is used to classify goods under the GST system in India. The HSN code for milk and cream products is further divided into subcategories based on the fat content of the product. These subcategories include:

1. 0401 10 00 - Milk and cream, not concentrated or sweetened
2. 0401 20 00 - Milk and cream, concentrated or sweetened
3. 0401 30 00 - Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or sweetened
4. 0401 40 00 - Whey, whether or not concentrated or sweetened
5. 0401 50 00 - Other dairy products

GST Rates for Milk and Cream Products

The GST rates for milk and cream products in India vary based on the product's fat content and the subcategory it falls under. Here's a breakdown of the GST rates for each subcategory:

1. 0401 10 00 - Milk and cream, not concentrated or sweetened - 0% GST
2. 0401 20 00 - Milk and cream, concentrated or sweetened - 5% GST
3. 0401 30 00 - Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or sweetened - 5% GST
4. 0401 40 00 - Whey, whether or not concentrated or sweetened - 5% GST
5. 0401 50 00 - Other dairy products - 12% GST

Conclusion

It's important to be aware of the GST rates and HSN codes associated with milk and cream products if you're running a business that deals with these products in India. Being aware of these codes and rates can help you ensure that you're complying with the law and avoid any potential penalties or fines.

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