How to account for HSN 03042090 in books?

When purchasing: Debit Cost of Goods Sold (5000), Credit Bank/Payable. When selling: Debit Receivable, Credit Sales Revenue (4000). GST is booked to ITC (purchase) or Output Payable (sale) accounts.

What digit HSN code is required for 03042090 on invoices?

Businesses with turnover above ₹5 crore must use 6-digit HSN codes. Between ₹1.5–5 crore: 4-digit is sufficient. Below ₹1.5 crore: HSN code is optional but recommended for ITC matching.

HSN Code 03042090 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen Frozen Fillets Other — 5% GST

Q: What is the GST rate for HSN Code 03042090?

HSN Code 03042090 (Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen Frozen Fillets Other) attracts 5% GST. For intra-state supply: 2.5% CGST + 2.5% SGST. For inter-state: 5% IGST.

About HSN Code 03042090

HSN Code 03042090 covers Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen Frozen Fillets Other and attracts a GST rate of 5%. For intra-state supplies, this is split as 2.5% CGST + 2.5% SGST. For inter-state supplies, 5% IGST is charged. This code falls under the Food & Agriculture sector (Bakery, dairy, spices, cereals, seafood).

How to Use HSN Code 03042090 on GST Invoices

Include the HSN code 03042090 on every GST invoice for fish fillets and other fish meat(whether or not minced), fresh,chilled or frozen frozen fillets other
Businesses with turnover above ₹5 crore must use 6-digit HSN codes
Turnover between ₹1.5–5 crore: 4-digit codes are sufficient
The HSN code must match the product/service description on your invoice
Incorrect HSN codes can lead to GST notices and ITC mismatches

Related HSN Codes

03041000 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen Fresh or Chilled
03041100 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen -fresh or Chilled: -- Swordfish (xiphia Gladius)
03041200 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen- Fresh or Chilled: -- Toothfish (dissostichus Spp.)
03041900 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen - Fresh or Chilled: -- Other
03042010 — Fish Fillets and Other Fish Meat(whether or not Minced), Fresh,chilled or Frozen Frozen Fillets Hilsa

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Last verified: 2026-06-26 · Source: CBIC Master Tariff

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About HSN Code 03042090

How to Use HSN Code 03042090 on GST Invoices

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