No GST on sale of Live fish

 

Live fish attracts no GST

 

Does my goods live fish exempt from paying GST? live fish falls under GST exemption list? I am a dealer of live fish. Should I need to pay GST?

 

GST tax on Live fish under HSN chapter 0301

 

As per GST Law, there is no GST payable on Live fish.  

So the rate of GST payable on Live fish is nil rate.

 

 

Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.

 

The above details about GST rate tariff on live fish is only for information.

 

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

 

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