0% GST HSN Code List: Understanding the Exempted Goods and Services
The Goods and Services Tax (GST) regime in India has categorized goods and services into different tax slabs, including 0%, 5%, 12%, 18%, and 28%. The 0% GST slab is reserved for essential goods and services that are necessary for the masses. In this article, we will discuss the 0% GST HSN Code List and the exempted goods and services that fall under this category.
What is HSN Code?
HSN (Harmonized System of Nomenclature) is an international system of names and numbers used to classify goods and services. In India, HSN codes are used to identify the goods and services that are subject to GST. The HSN code is a 6-digit code that is used to classify goods and services into different categories.
0% GST HSN Code List
The 0% GST HSN Code List includes goods and services that are exempted from GST. These goods and services are essential for the masses and are necessary for the economic growth of the country. Some of the goods and services that fall under the 0% GST HSN Code List are:
Food and Beverages
- HSN Code 1001: Wheat
- HSN Code 1002: Rye
- HSN Code 1003: Barley
- HSN Code 1004: Oats
- HSN Code 1005: Maize
- HSN Code 1006: Rice
- HSN Code 1007: Flour of wheat, put up in unit container and weighing not more than 25 kg
- HSN Code 1008: Flour of wheat, other than put up in unit container and weighing not more than 25 kg
** Agricultural Produce**
- HSN Code 0601: Bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant
- HSN Code 0701: Potatoes
- HSN Code 0702: Tomatoes
Health and Education
- HSN Code 3002: Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products
- HSN Code 4901: Printed books, including Braille books; brochures, leaflets and similar printed matter, whether or not in single sheets
- HSN Code 4902: Newspapers, journals and periodicals, whether or not illustrated or containing advertising material
Other Goods and Services
- HSN Code 3819: Hydraulic brake fluids and other prepared liquids for hydraulic transmission
- HSN Code 3824: Prepared binders for foundry moulds or cores; chemical products and preparations of the chemical or allied industries (including those consisting of mixtures of natural products), not elsewhere specified or included
Conclusion
The 0% GST HSN Code List includes essential goods and services that are necessary for the masses. These goods and services are exempted from GST to ensure that they are affordable and accessible to everyone. The HSN code list is an essential tool for businesses and individuals to identify the goods and services that fall under the 0% GST category.
Download the 0% GST HSN Code List PDF
You can download the 0% GST HSN Code List PDF from the official GST website or from other reliable sources. The PDF list includes all the goods and services that are exempted from GST, along with their corresponding HSN codes.
