GST Rate & HSN Code 1603 – EXTRACTS AND JUICES OF MEAT

The HSN code for EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES is 1603. This code falls under Chapter 16 of the GST HSN classification system, which covers EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES. It is used for accurate product classification during GST invoicing, return filing, and tax compliance.

HSN code 1603 falls under Chapter 16 of the GST HSN classification, which covers EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES. Chapter 16 groups all related products together to standardize GST rates and simplify tax classification for businesses dealing with EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES.

Yes, registered businesses can generally claim Input Tax Credit (ITC) on GST paid for EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES under HSN code 1603, provided it is used for business purposes, and all ITC conditions under the GST Act are met. Consult a RegisterKaro expert for clarification.

Yes, mentioning HSN code 1603 on your GST invoice for EXTRACTS AND JUICES OF MEAT, FISH OR CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES is mandatory. The number of digits required (4, 6, or 8) depends on your annual turnover as per CBIC rules. Correct HSN mention ensures accurate tax calculation and smooth return filing.