Common Items / Examples
GST Rate Details
✅ This item is GST exempt — no GST is charged on supply of live fish.
Even though it is exempt, you may still need to mention the HSN code 0301 in your GST returns if your turnover exceeds ₹5 crore.
* GST rates are subject to change. Always verify with the CBIC official notification before filing.
Related HSN Codes — Chapter 03 (Fish & Seafood)
Frequently Asked Questions
What is HSN code 0301?
HSN code 0301 is the Harmonised System of Nomenclature code for "Live fish" under Chapter 03 — Fish & Seafood. This code is used in GST invoices and returns to classify goods.
What is the GST rate on HSN code 0301?
The GST rate on HSN code 0301 (Live fish) is Nil (0%). This item is exempt from GST.
Is HSN code mandatory in GST invoices?
Yes. Businesses with annual turnover above ₹5 crore must mention 6-digit HSN codes in B2B invoices and 4-digit codes in B2C invoices. For turnover ₹1.5–5 crore, 4-digit HSN is required in B2B invoices.
What is the difference between HSN and SAC codes?
HSN (Harmonised System of Nomenclature) codes are used for goods, while SAC (Services Accounting Code) codes are used for services in GST. Code 0301 is an HSN code for goods.
How many digits are in an HSN code?
HSN codes can have 2, 4, 6, or 8 digits depending on the level of classification. 2-digit codes represent chapters, 4-digit heading, 6-digit sub-heading, and 8-digit tariff item.