13023990 is the designated HSN classification for Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc, categorized under Chapter 13 – Lac; Gums, Resins And Other V in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.

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 13023990

Tax liability for Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc under HSN 13023990 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 13 – Lac; Gums, Resins And Other V products must use kg..

Who Should Use HSN Code 13023990?

Any business engaged in supplying Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc must apply HSN 13023990 on invoices. The Lac; Gums, Resins And Other V category under Chapter 13 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Starting a business involving Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc? GST registration is mandatory for collecting and remitting taxes on HSN 13023990 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

Accurate HSN Code 13023990 usage for Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 13 – Lac; Gums, Resins And Other V to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 13023990?

Official GST rates for Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc under HSN 13023990 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.

Do online marketplaces need to mention HSN 13023990?

Yes, online marketplaces and e-commerce operators selling Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc must mention HSN Code 13023990 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 Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc under HSN 13023990.

How often do GST rates change for Lac; Gums, Resins And Other V products?

GST rates for Vegetable Saps And Extracts; Pectic Substances, Pectinates And Pectates; Agar-Agar And Other Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Products- Mucilages And Thickeners, Whether Or Not Modified, Derived From Vegetable Produc 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 0.09, 0.09, and 0.18 revisions.

More HSN codes from Chapter 13

Back to Top