What products are classified under HSN 1031000 ?
It includes Pure-Bred Breeding Animals
HSN Code 01031000 represents Pure-Bred Breeding Animals under GST classification. This code helps businesses identify Pure-Bred Breeding Animals correctly for billing, taxation, and trade. With HSN Code 01031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Pure-Bred Breeding Animals.
HSN Code 01031000 relates to the following description:
Pure-Bred Breeding Animals does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Other : Weighing less than 50 kg. | |
| Other : Weighing 50 kg. or more |
Other : Weighing less than 50 kg.
Other : Weighing 50 kg. or more
It includes Pure-Bred Breeding Animals
Use the correct HSN and mention the form (fresh/chilled vs frozen/dried) and whether it’s pre‑packaged & labelled.
Don’t charge GST on exempt fresh/chilled items. Only non‑fresh/chilled, pre‑packaged & labelled packs draw 5%.
e‑Way bill may be required if the consignment value exceeds ₹50,000, subject to notified exemptions. Check your state’s list for agri/animal goods.
e‑Invoicing depends on turnover, not the item rate. If AATO exceeds the notified threshold (presently ₹5 crore), B2B invoices must be reported to IRP unless you are a notified exempt person.
No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.