Chapter 13 of the GST framework covers Lac; Gums, Resins And Other V, and HSN Code 13019045 specifically identifies Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers 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 : Oleoresins : Of Flowers. 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 13019045
For Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers classified under HSN Code 13019045, 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 13019045?
All businesses supplying Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers are obligated to use HSN 13019045 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
Commencing trade in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers? Secure GST registration to handle taxes on HSN 13019045 classified goods. Businesses with international operations in Lac; Gums, Resins And Other V need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 13019045 for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers 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)
Where can I find the official GST rate for HSN 13019045?
Official GST rates for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers under HSN 13019045 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Do online marketplaces need to mention HSN 13019045?
Yes, online marketplaces and e-commerce operators selling Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers must mention HSN Code 13019045 on invoices. This Lac; Gums, Resins And Other V classification applies to all sales channels under Chapter 13.
What documents are needed for company registration to trade in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers?
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 : Oleoresins : Of Flowers under HSN 13019045.
How often do GST rates change for Lac; Gums, Resins And Other V products?
GST rates for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Flowers 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.
