Registration required for cultivation of Prawns & Trading the same?

[Asked by Guest]

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!

[DR.MARIAPPAN GOVINDARAJAN]

HSN CODE - 03 - NIL RATE. In my view you are not required to register

[Himansu Sekhar]

Not required

[PAWAN KUMAR]

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.

[Ganeshan Kalyani]

But there would be some taxable item for sale. May be gunny bags, old asset sale etc. which attracts GST. Hence, GST registration would be required.

[Ravikumar muthusamy]

If the main goods or services are exempted then allied products like packing and other ingradients also exempted. Pls correct me if wrong

[Ganeshan Kalyani]

If the finished goods is exempt then the packing material in which the goods is 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.

AI Summary

GST registration: exempt nil-rated sale of prawns does not require registration unless taxable ancillary supplies create liability.
Sale of cultivated prawns is treated as a nil-rated/exempt supply under GST so the seller need not register if only making such exempt supplies; however, taxable ancillary transactions-for example sale of scrap packing or used assets-can create an independent GST registration obligation despite the main exempt activity.