What products are classified under HSN 2003
It includes Prepared mushrooms & truffles
HSN Sub Chapter 2003 represents Prepared mushrooms & truffles under GST classification. This code helps businesses identify Prepared mushrooms & truffles correctly for billing, taxation, and trade. With HSN Sub Chapter 2003, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Prepared mushrooms & truffles.
GST Rate for Prepared mushrooms & truffles under HSN Code 2003. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 20 | 2003 | Mushrooms and truffles, prepared or preserved otherwise than by vinegar or acetic acid | 5% | 12% |
Chapter: 20
Description: Mushrooms and truffles, prepared or preserved otherwise than by vinegar or acetic acid
Following Tariff HSN code falls under Prepared mushrooms & truffles:
| Tariff HSN | Description |
|---|---|
| Mushrooms of the genus Agaricus | |
| Other : Truffles | |
| Other : Other |
Mushrooms of the genus Agaricus
Other : Truffles
Other : Other
It includes Prepared mushrooms & truffles
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Prepared mushrooms & truffles is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
If your outward supply of Prepared mushrooms & truffles is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Prepared mushrooms & truffles are forward charge. Check the current notifications for any special cases before deciding.
Use a delivery challan for sending Prepared mushrooms & truffles to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.