HSN Code 0306: Crustaceans (prawns, lobsters, crabs)
HSN code 0306 classifies crustaceans (prawns, lobsters, crabs) under India's GST system. GST rate: 5%.
GST Rate Breakdown
- GST Rate: 5%
- CGST + SGST (intra-state): 2.5% + 2.5%
- IGST (inter-state): 5%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
The 5% slab covers daily-use items and essentials
The 5% slab covers daily-use items and essentials. Crustaceans (prawns, lobsters, crabs) sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Crustaceans (prawns, lobsters, crabs)
- Taxable value: ₹10,000
- GST (5%): ₹500
- Intra-state: ₹250 CGST + ₹250 SGST
- Inter-state: ₹500 IGST
- Total: ₹10,500
When to Use HSN Code 0306
Use HSN code 0306 on every tax invoice for crustaceans (prawns, lobsters, crabs). Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 0306
What is HSN code 0306?
HSN code 0306 classifies crustaceans (prawns, lobsters, crabs) under India's GST system. The applicable GST rate is 5%.
What is the GST rate for Crustaceans (prawns, lobsters, crabs)?
Crustaceans (prawns, lobsters, crabs) attracts 5% GST. For intra-state sales: 2.5% CGST + 2.5% SGST. For inter-state: 5% IGST.
Is Crustaceans (prawns, lobsters, crabs) exempt from GST?
No. Crustaceans (prawns, lobsters, crabs) attracts 5% GST on every taxable sale.