Peptones their Derivatives - GST Rates HSN CODE 3504

Peptones are a type of protein hydrolysate that are commonly used in various applications. They are derived from the hydrolysis of proteins, and are used as a source of amino acids and peptides. Peptones and their derivatives are used in a wide range of industries, including food and beverage, pharmaceuticals, and biotechnology. In this article, we will discuss the GST rates and HSN code for Peptones and their derivatives.

GST Rates for Peptones and their Derivatives

Peptones and their derivatives are classified under chapter 35 of the GST tariff. According to the GST rates structure, peptones and their derivatives are classified under the heading 3504. The GST rate for peptones and their derivatives is 18%.HSN Code for Peptones and their DerivativesThe HSN code for peptones and their derivatives is 3504. Peptones and their derivatives are further classified under sub-heading 350400. The HSN code for peptones and their derivatives is important for businesses to know, as it is used to determine the GST rates that apply to their products.

Uses of Peptones and their Derivatives

Peptones and their derivatives are used in a wide range of applications. In the food and beverage industry, peptones and their derivatives are used as a source of protein and flavoring agents. They are commonly used in the production of fermented foods and beverages, such as cheese, yogurt, and beer.In the pharmaceutical industry, peptones and their derivatives are used as a source of amino acids and peptides. They are used in the production of antibiotics, vaccines, and other pharmaceutical products. Peptones and their derivatives are also used in biotechnology, where they are used in the production of enzymes, as well as in the development of cell culture media.

Conclusion

In conclusion, peptones and their derivatives are an important component of many industries. They are used in a wide range of applications, including food and beverage, pharmaceuticals, and biotechnology. The GST rate for peptones and their derivatives is 18%, and the HSN code for peptones and their derivatives is 3504. Businesses that deal with peptones and their derivatives should be aware of these GST rates and HSN codes to ensure compliance with GST regulations.