What products are classified under HSN 1041010 ?
It includes Sheep: Sheep including lamb for breeding purpose
HSN Code 01041010 represents Sheep: Sheep including lamb for breeding purpose under GST classification. This code helps businesses identify Sheep: Sheep including lamb for breeding purpose correctly for billing, taxation, and trade. With HSN Code 01041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sheep: Sheep including lamb for breeding purpose.
HSN Code 01041010 relates to the following description:
Sheep: Sheep including lamb for breeding purpose does not include products with the following descriptions:
Sheep: Other
Goats
It includes Sheep: Sheep including lamb for breeding purpose
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.
Use the correct HSN and mention the form (fresh/chilled vs frozen/dried) and whether it’s pre‑packaged & labelled.
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.
No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42.
Don’t charge GST on exempt fresh/chilled items. Only non‑fresh/chilled, pre‑packaged & labelled packs draw 5%.
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.