Within Chapter 13 – Lac; Gums, Resins And Other V, HSN Code 13019043 serves as the official classification for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves. 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 : Oleoresins : Of Leaves. 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 13019043
For Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves classified under HSN Code 13019043, 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 13019043?
All businesses supplying Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves are obligated to use HSN 13019043 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 : Oleoresins : Of Leaves? GST registration is your first compliance requirement for HSN 13019043 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 13019043 for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves 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)
Which chapter does HSN Code 13019043 belong to?
HSN Code 13019043 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 : Oleoresins : Of Leaves.
Is IGST applicable on Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves?
Yes, IGST at 5.00% is applicable when Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Can e-commerce sellers use HSN Code 13019043?
Yes, e-commerce sellers dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Leaves must use HSN 13019043 on their invoices. This applies to all online platforms operating under Lac; Gums, Resins And Other V classification.
How do I start an import business for Lac; Gums, Resins And Other V goods?
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.
