TMI BlogRegistration required for cultivation of Prawns & Trading the same?X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Expert, 1) Please let me know if we have to require to register under GST in case of person is into cultivation of Prawns selling it subsequently? 2) Is Sale of Prawn taxable under gst? 3) If so, tell me the HSN code Tax Rate. Thanks in advance! - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = HSN CODE - 03 - NIL RATE. In my view you are not required to register - Reply By Hima ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsu Sekhar - The Reply = Not required - Reply By PAWAN KUMAR - The Reply = i am in line with the reply of Sh.Govindarajan Sir. Prawn is with HSN 03 and GST rate is 0. Nil rate and is exempt. The person supplying goods which are nil rated or exempt, he is not required to get registered under GST. - Reply By Ganeshan Kalyani - The Reply = But there would be some taxable item for sale. May be gu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nny bags, old asset sale etc. which attracts GST. Hence, GST registration would be required. - Reply By Ravikumar muthusamy - The Reply = If the main goods or services are exempted then allied products like packing and other ingradients also exempted. Pls correct me if wrong - Reply By Ganeshan Kalyani - The Reply = If the finished goods is exempt then the packing material in which the goods i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s parked is exempt. But if the supplier is having any torn out packing material which are scrapped. Then GST is applicable on the scarp sale of taxable items. - Registration required for cultivation of Prawns & Trading the same? - Query Started By: - akhil revuri Dated:- 9-8-2018 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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