38242010 is the designated HSN classification for Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl..., categorized under Chapter 38 – Miscellaneous Chemical Produc in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in N.a for billing purposes.
HSN Codes under Chapter 38 – Miscellaneous Chemical Produc
Below are related HSN codes from Chapter 38 – Miscellaneous Chemical Produc for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Miscellaneous Chemical Produc... | 38011000 | Artificial Graphite; Colloidal Or Semi-Colloidal G... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38012000 | Artificial Graphite; Colloidal Or Semi-Colloidal G... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38013000 | Artificial Graphite; Colloidal Or Semi-Colloidal G... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38019000 | Artificial Graphite; Colloidal Or Semi-Colloidal G... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38021000 | Activated Carbon; Activated Natural Mineral Produc... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38029011 | Activated Carbon; Activated Natural Mineral Produc... | 9.00% | 9.00% | 18.00% |
| Miscellaneous Chemical Produc... | 38029012 | Activated Carbon; Activated Natural Mineral Produc... | 9.00% | 9.00% | 18.00% |
| Miscellaneous Chemical Produc... | 38029019 | Activated Carbon; Activated Natural Mineral Produc... | 9.00% | 9.00% | 18.00% |
| Miscellaneous Chemical Produc... | 38029020 | Activated Carbon; Activated Natural Mineral Produc... | 0.09 | 0.09 | 0.18 |
| Miscellaneous Chemical Produc... | 38030000 | Tall Oil, Whether Or Not Refined | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 38242010
The taxation of Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... under HSN Code 38242010 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use N.a for Miscellaneous Chemical Produc goods under Chapter 38.
Who Should Use HSN Code 38242010?
All businesses supplying Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... are obligated to use HSN 38242010 on tax invoices. From producers to retailers within Miscellaneous Chemical Produc, Chapter 38 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl...? Secure GST registration to handle taxes on HSN 38242010 classified goods. Businesses with international operations in Miscellaneous Chemical Produc 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
Accurate HSN Code 38242010 usage for Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 38 – Miscellaneous Chemical Produc to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... under HSN 38242010 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... must mention HSN Code 38242010 on invoices. This Miscellaneous Chemical Produc classification applies to all sales channels under Chapter 38.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... under HSN 38242010.
GST rates for Prepared Binders For Foundry Moulds Or Cores; Chemical Products And Preparations Of The Chemical Or Allied Industries (Including Those Consisting Of Mixtures Of Natural Products), Not Elsewhere Specified Or Included Naphthenic Acids, Their Water-Insolubl... and other Miscellaneous Chemical Produc products under Chapter 38 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.