Under the GST regime, HSN Code 13019039 classifies Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other 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 : Other. 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 13019039
For Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other classified under HSN Code 13019039, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. kg. is the prescribed measurement for Lac; Gums, Resins And Other V under Chapter 13.
Who Should Use HSN Code 13019039?
Every entity transacting in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other must quote HSN Code 13019039 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
Starting a business involving Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other? GST registration is mandatory for collecting and remitting taxes on HSN 13019039 goods. Companies planning international trade within Lac; Gums, Resins And Other V must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Proper use of HSN Code 13019039 for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other 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)
Official GST rates for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other under HSN 13019039 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Yes, online marketplaces and e-commerce operators selling Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other must mention HSN Code 13019039 on invoices. This Lac; Gums, Resins And Other V classification applies to all sales channels under Chapter 13.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other under HSN 13019039.
GST rates for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Gum Resins : Other and other Lac; Gums, Resins And Other V products under Chapter 13 may change through GST Council recommendations. Monitor official notifications to stay updated on 2.50%, 2.50%, and 5.00% revisions.