Chapter 13 of the GST framework covers Lac; Gums, Resins And Other V, and HSN Code 13019014 specifically identifies Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 13 – Lac; Gums, Resins And Other V
Below are related HSN codes from Chapter 13 – Lac; Gums, Resins And Other V for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Lac; Gums, Resins And Other V... | 13011010 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011020 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011030 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011040 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011050 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011060 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011070 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011080 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13011090 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | Nil | Nil | Nil |
| Lac; Gums, Resins And Other V... | 13012000 | Lac; Natural Gums, Resins, Gum-Resins And Oleoresi... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 13019014
The taxation of Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras under HSN Code 13019014 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use kg. for Lac; Gums, Resins And Other V goods under Chapter 13.
Who Should Use HSN Code 13019014?
Traders, manufacturers, and importers of Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras are required to mention HSN Code 13019014 on all GST documents. This Lac; Gums, Resins And Other V classification under Chapter 13 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras market requires essential registrations. GST registration enables legal tax collection on HSN 13019014 goods. For cross-border trade in Lac; Gums, Resins And Other V items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 13019014 for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 13 – Lac; Gums, Resins And Other V should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 13019014 used for?
HSN Code 13019014 is used to classify Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras under Chapter 13 – Lac; Gums, Resins And Other V for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 13019014?
For Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Do I need GST registration to trade in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras?
Yes, GST registration is mandatory for businesses dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras under HSN 13019014. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Natural Gums : Benjamin Ras?
For importing goods under Lac; Gums, Resins And Other V, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
