Nil tariff of GST on sale of Prawns

 

Prawns is exempted from paying GST

 

Does my goods Prawns exempt from paying GST? No GST applicable for Prawns?  Should I need to pay GST on my product prawns?

 

GST tax on Prawns under HSN chapter 0301

 

As per GST Law, there is no GST payable on Prawns.  

So the rate of GST payable on Prawns is nil rate.

 

The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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 Prawns.  Would you like to add more information about GST rate tariff on Prawns?  Share below your comments about Goods and Service Tax levied on sale or purchase of Prawns.

 

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

 

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

 

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GST Exemption list of goods and services

 

GST scheduled rate on Processed fish business

Nil rate of GST on sale of Foliage without flowers or flower buds

Nil rate of GST on sale of Fish seeds

Nil tariff of GST on sale of Prawns

Nil rate tariff of GST on sale of chilled fish

Zero rate of GST on sale of Fresh fish

Nil rate of GST on admission, exam fee by an educational institution

GST taxable rate on purchase or sale of Frozen Fish

Zero percentage of GST on sales of Fish fillets and other fish meat fresh or chilled

No need to pay of GST on sale of Fish fillets and other fish meat

GST taxable rate on Dried, salted fish fit for human consumption business

Waived GST on purchase of cooked barnacles

Zero rate of GST on sale of Fresh Krill

No need to pay GST on sale of plant dry root

Exempted of GST on sale of live woodlice

Nil rate of GST on sale of live lobster

No GST on sale of live barnacles

Zero rate of GST on sale of Fresh woodlice


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