HSN Code 39094020 provides the tax classification for Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins under Chapter 39 – Plastics And Articles Thereof of the GST tariff. Businesses dealing in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins 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 kg..
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 39094020
For Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins classified under HSN Code 39094020, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Plastics And Articles Thereof under Chapter 39.
Who Should Use HSN Code 39094020?
Manufacturers, wholesalers, retailers, and exporters dealing in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins are required to mention HSN 39094020 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
Commencing trade in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins? Secure GST registration to handle taxes on HSN 39094020 classified goods. Businesses with international operations in Plastics And Articles Thereof 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
Using HSN Code 39094020 accurately for Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins 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)
Which chapter does HSN Code 39094020 belong to?
HSN Code 39094020 falls under Chapter 39 – Plastics And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins.
Is IGST applicable on Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins?
Yes, IGST at 18.00% is applicable when Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 39094020?
Yes, e-commerce sellers dealing in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenol Formaldehyde Resins must use HSN 39094020 on their invoices. This applies to all online platforms operating under Plastics And Articles Thereof classification.
How do I start an import business for Plastics And Articles Thereof goods?
To import goods under Plastics And Articles Thereof, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
