Search results
GST Rate and HSN Code on Milk, Paneer, and Curd: The 47th GST Council meeting ended the tax exemption for certain dairy products, including pre-packaged, pre-labelled milk, paneer, and curd. We break down the new changes along with their potential impact below.
Aug 1, 2022 · Find out the GST rates and exemptions for milk and milk products in India, as per the official statement of the Minister of Finance. Learn about the schemes and funds for dairy development and assistance.
Feb 11, 2020 · GST rates in five slabs namely NIL, 5%, 12%, 18% and 28% are mapped to HSN code for harmonisation of levy of GST across India. The GST rate for milk, dairy products, egg, honey and other edible products of animal origin fall under chapter 4 of the HSN Code.
Mar 28, 2024 · Find out the GST rates, HSN codes, and effective dates for various milk and dairy products in India. Learn how GST is applicable to milk, paneer, curd, ghee, honey, eggs, and more.
- (126)
- The GST rate applicable on buttermilk is NIL. This means no GST is levied on it.
- No GST is levied on packaged milk that does not have any added sugar or sweetening matter (except UHT milk). Whereas 5% GST is levied on milk with...
- GST rates are decided by the GST Council, which comprises 33 members headed by the Union Finance Minister. This council includes Finance Ministers...
Nov 23, 2023 · Find the HSN codes and GST rates for various milk and dairy products, such as fresh milk, cream, yogurt, cheese, butter, paneer, honey and eggs. The GST rates range from 5% to 12% depending on the product type and branding.
RatesProducts DescriptionHsn CodesExport And Import Hsn Codes5%Ultra High Temperature (UHT) milk[0401]04011000, 04012000, 04014000, 040150005%Milk and cream, concentrated or ...040204021010, 04021020, 04021090, 04022100, ...5%Cream, yogurt, kephir and other fermented ...040304031000, 04039010, 040390905%Whey, whether or not concentrated or ...040404041010, 04041020, 04041090, 04049000Disclaimer: Rates given above are updated up to the GST (Rate) notification no. 05/2020 dated 16th October 2020 to the best of our information. We have sourced the HSN code information from the master codes published on the NIC's GST e-Invoice system. There may be variations due to updates by the government.
Jul 1, 2017 · Origin Chapter: Chapter 4. GST rates and HSN code for Milk, Cream.
