Zero percent GST on purchase of Cooked Molluscs

Posted on 11 April 2023 Category : GST exemptions

Cooked Molluscs is exempted from paying GST

Does Cooked Molluscs fall under GST exemption list? I am doing Cooked Molluscs selling business, should I need to pay GST? Is GST payable on sale of Cooked Molluscs?

Goods and Service Tax on Cooked Molluscs under HSN Chapter 0307

As per GST Law, there is no GST payable on Cooked Molluscs.

So the rate of GST payable on Cooked Molluscs 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.

This information is about GST on Cooked Molluscs. Would you like to add more information about GST rate tariff on Cooked Molluscs? Share below your comments about Goods and Service Tax levied on sale or purchase of Cooked Molluscs.

The above details about GST rate tariff on Cooked Molluscs is only for information.

The validity of above information and amendments about GST rate on Cooked Molluscs 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