GST Rate on Milk and cream, concentrated or sweetened

When selling Milk and cream, concentrated or sweetened, you must charge GST at 5% on the taxable value. For sales within the same state, split the GST as CGST 2.5% + SGST 2.5%. For interstate sales, charge IGST 5% as a single line item.

The HSN code 0402 must be mentioned on your GST invoice. Businesses with annual turnover above ₹5 crore must use 6-digit HSN codes; those above ₹1.5 crore up to ₹5 crore must use 4-digit codes.

As a GST-registered business, you can claim Input Tax Credit (ITC) on purchases of Milk and cream, concentrated or sweetened used for taxable business activities. Ensure your supplier provides a valid GST invoice with their GSTIN mentioned.