HSN Code 39061010 provides the tax classification for Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks under Chapter 39 – Plastics And Articles Thereof of the GST tariff. Businesses dealing in Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is N.a.
HSN Codes under Chapter 39 – Plastics And Articles Thereof
Below are related HSN codes from Chapter 39 – Plastics And Articles Thereof for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Plastics And Articles Thereof... | 39011010 | Polymers Of Ethylene, In Primary Forms - Polyethyl... | 9.00% | 9.00% | 18.00% |
| Plastics And Articles Thereof... | 39011020 | Low Density Polyethylene (Ldpe) | 9.00% | 9.00% | 18.00% |
| Plastics And Articles Thereof... | 39011090 | Polymers Of Ethylene, In Primary Forms - Polyethyl... | 0.09 | 0.09 | 0.18 |
| Plastics And Articles Thereof... | 39012000 | Polymers Of Ethylene, In Primary Forms Polyethylen... | 0.09 | 0.09 | 0.18 |
| Plastics And Articles Thereof... | 39013000 | Polymers Of Ethylene, In Primary Forms Ethylene - ... | 0.09 | 0.09 | 0.18 |
| Plastics And Articles Thereof... | 39014010 | Linear Low Density Polyethylene (Lldpe), In Which ... | 9.00% | 9.00% | 18.00% |
| Plastics And Articles Thereof... | 39014090 | Other | 0.09 | 0.09 | 0.18 |
| Plastics And Articles Thereof... | 39019000 | Other | 9.00% | 9.00% | 18.00% |
| Plastics And Articles Thereof... | 39019010 | Polymers Of Ethylene, In Primary Forms - Other: Li... | 9.00% | 9.00% | 18.00% |
| Plastics And Articles Thereof... | 39019090 | Polymers Of Ethylene, In Primary Forms - Other: Ot... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 39061010
The taxation of Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks under HSN Code 39061010 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 Plastics And Articles Thereof goods under Chapter 39.
Who Should Use HSN Code 39061010?
Manufacturers, wholesalers, retailers, and exporters dealing in Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks are required to mention HSN 39061010 on all tax documents. This classification under Plastics And Articles Thereof applies to businesses of all sizes operating within Chapter 39. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks? GST registration is mandatory for collecting and remitting taxes on HSN 39061010 goods. Companies planning international trade within Plastics And Articles Thereof 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
Using HSN Code 39061010 accurately for Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 39 – Plastics And Articles Thereof to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is HSN Code 39061010 used for?
HSN Code 39061010 is used to classify Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks under Chapter 39 – Plastics And Articles Thereof for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 39061010?
For Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks?
Yes, GST registration is mandatory for businesses dealing in Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks under HSN 39061010. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Acrylic Polymers In Primary Forms - Poly (Methyl Methacrylate): Binders For Pigments Or Inks?
For importing goods under Plastics And Articles Thereof, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
