Chapter 13 of the GST framework covers Lac; Gums, Resins And Other V, and HSN Code 13019046 specifically identifies Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots 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 Roots. 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 13019046
Tax liability for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots under HSN 13019046 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 13 – Lac; Gums, Resins And Other V products must use kg..
Who Should Use HSN Code 13019046?
Manufacturers, wholesalers, retailers, and exporters dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots are required to mention HSN 13019046 on all tax documents. This classification under Lac; Gums, Resins And Other V applies to businesses of all sizes operating within Chapter 13. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots? Complete GST registration to legally collect taxes on goods under HSN 13019046. Businesses importing or exporting Lac; Gums, Resins And Other V products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Using HSN Code 13019046 accurately for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 13 – Lac; Gums, Resins And Other V to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 13019046?
The standard unit of measurement for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots under HSN Code 13019046 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 13019046 mandatory for small businesses?
Yes, businesses dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots must use HSN 13019046 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 13019046 for Lac; Gums, Resins And Other V goods before invoicing.
Do I need AD Code registration for exporting Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots?
Yes, AD Code registration is required for exporters dealing in Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams)Other : Oleoresins : Of Roots under Lac; Gums, Resins And Other V. This registration links your bank account to process foreign currency payments from overseas buyers.
