Within Chapter 13 – Lac; Gums, Resins And Other V, HSN Code 13019033 serves as the official classification for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum. This code determines tax rates and compliance obligations for all entities trading in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in 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 13019033
The tax structure for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum under HSN Code 13019033 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 13 – Lac; Gums, Resins And Other V.
Who Should Use HSN Code 13019033?
All businesses supplying Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum are obligated to use HSN 13019033 on tax invoices. From producers to retailers within Lac; Gums, Resins And Other V, Chapter 13 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum? GST registration is your first compliance requirement for HSN 13019033 goods. International traders in Lac; Gums, Resins And Other V products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Proper use of HSN Code 13019033 for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 13 – Lac; Gums, Resins And Other V through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 13019033 falls under Chapter 13 – Lac; Gums, Resins And Other V in the GST tariff schedule. This chapter covers various goods including Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum.
Yes, IGST at 5.00% is applicable when Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Yes, e-commerce sellers dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Mastic Gum must use HSN 13019033 on their invoices. This applies to all online platforms operating under Lac; Gums, Resins And Other V classification.
To import goods under Lac; Gums, Resins And Other V, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.