What products are classified under HSN 97060000 ?
It includes Digital wristwatch, PM case
HSN Code 97060000 represents Live Pure-Bred Breeding Horses under GST classification. This code helps businesses identify Live Pure-Bred Breeding Horses correctly for billing, taxation, and trade. With HSN Code 97060000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Live Pure-Bred Breeding Horses.
HSN Code 97060000 relates to the following description:
Live Pure-Bred Breeding Horses does not include products with the following descriptions:
Of an age exceeding 250 years
Other
It includes Digital wristwatch, PM case
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Under HSN 97060000, Live Pure-Bred Breeding Horses attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Live Pure-Bred Breeding Horses; Nil for exempt items if applicable).
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.