Nil tariff GST on sale of Boiled lobsters

 

 

Boiled lobsters is exempted from paying GST

 

Does Boiled lobsters fall under GST exempted items? Any GST payable for sale of Boiled lobsters? Should I need to pay GSTon my product Boiled lobsters?

 

GST tax on Boiled lobsters under HSN chapter 0306



As per GST Law, there is no GST payable on Boiled lobsters.  

So the rate of GST payable on Boiled lobsters is nil rate.

 

 

 

Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%.   The most essential goods and services attract nil rate of GST under Exempted Categories.     Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST.

 

The above details about GST rate tariff on Boiled lobsters is only for information.

 

The validity of above information and amendments about GST rate on Boiled lobsters may be verified before any business dealing.

 

Click here to know GST rate on Goods and Services


GST Exemption list of goods and services

Nil rate of GST on sale of Fresh Shrimp

No need to pay GST on sale of Fresh Lobsters

Zero percentage of GST on sale of Fresh Crayfish

Exempted GST on sale of fresh crabs

Nil rate of GST on sale of Crustaceans whether in shell or not

Waived GST on sale of cooked woodlice

Nil rate tariff GST on sale of cooked shrimp

Nil rate of GST on sale of cooked lobsters

Nil rate of GST on sale of cooked crayfish

No need to pay GST on sale of chilled woodlice

Nil tariff GST on sale of chilled shrimp

Zero percentage GST chilled lobsters

No need to pay GST on sale of chilled krill

Nil rate of GST on purchase of chilled crayfish

No GST on purchase of chilled crabs

Exempted GST on sale of chilled barnacles

No need to pay GST on sale of Boiled shrimp

No need pay GST on sale of Boiled barnacles

No need to pay GST on purchase of live shrimps

Zero rate of GST on sale of live crabs

No need to pay GST on sale of Fresh barnacles

Zero rate of GST on purchase of cooked crabs

No GST on sale of Boiled crayfish

No need pays GST on sale of Boiled woodlice

Nil tariff GST on sale of Boiled lobsters

No need to pay GST on sale of Boiled krill

No need to pay GST on sale of Boiled crabs

No need to pay GST on sale of Plant bark

No need to pay GST on sale of Herb Plant

Zero percentage GST on purchase of Fresh Molluscs

Nil rate tariff of GST on Chilled Molluscs

Zero rate of GST on purchase of Live Molluscs

Zero percent GST on purchase of Cooked Molluscs

Zero rate of GST on sale of Live Aquatic invertebrates

No need to pay GST on sales of Cooked Aquatic invertebrates

Nil rate of GST on sale of Chilled Aquatic invertebrates

No need to pay GST on Fresh Aquatic invertebrates

No GST on purchase of Crustaceans cooked

How to export your goods?


Learn exports imports free of cost

 

 

Reconciliation by GSTN on GST Tax collection

Process of BRN,CIN,CPIN by RBI and Government on GST fund transfer

Fundamental changes GST from existing Tax System

Reconciliation of Reciepts under GST Tax

GST tax accounting code for CGST,SGST,IGST and Additional Tax

Details of Challan for GST Tax payment


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers