What products are classified under HSN 18040000 ?
It includes Cocoa Butter, Fat & Oil
HSN Code 18040000 represents Cocoa Butter, Fat & Oil under GST classification. This code helps businesses identify Cocoa Butter, Fat & Oil correctly for billing, taxation, and trade. With HSN Code 18040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cocoa Butter, Fat & Oil.
HSN Code 18040000 relates to the following description:
Cocoa Butter, Fat & Oil does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Cocoa Butter, Fat & Oil
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cocoa Butter, Fat & Oil; Nil for exempt items if applicable).
Under HSN 18040000, Cocoa Butter, Fat & Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
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.