Under the GST regime, HSN Code 13019034 classifies Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum within Chapter 13 – Lac; Gums, Resins And Other V. This code is essential for businesses to correctly calculate and remit taxes on Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using 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 13019034
The taxation of Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum under HSN Code 13019034 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 13019034?
Every entity transacting in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum must quote HSN Code 13019034 on invoices. This includes traders, distributors, and e-commerce sellers operating under Lac; Gums, Resins And Other V. Chapter 13 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Entering the Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum market requires essential registrations. GST registration enables legal tax collection on HSN 13019034 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
Correct HSN Code 13019034 application for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum ensures smooth input credit utilization and assessment processes. Track 2.50%, 2.50%, and 5.00% rate changes for Chapter 13 – Lac; Gums, Resins And Other V through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 13019034 used for?
HSN Code 13019034 is used to classify Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum 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 13019034?
For Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum, 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 : Gum Resins : Xanthium Gum?
Yes, GST registration is mandatory for businesses dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Xanthium Gum under HSN 13019034. 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 : Gum Resins : Xanthium Gum?
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.
