Chapter 39 of the GST framework covers Plastics And Articles Thereof, and HSN Code 39094050 specifically identifies Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard 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 39094050
The tax structure for Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins under HSN Code 39094050 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 39 – Plastics And Articles Thereof.
Who Should Use HSN Code 39094050?
Traders, manufacturers, and importers of Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins are required to mention HSN Code 39094050 on all GST documents. This Plastics And Articles Thereof classification under Chapter 39 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Planning to trade in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins? Complete GST registration to legally collect taxes on goods under HSN 39094050. Businesses importing or exporting Plastics And Articles Thereof 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
Accurate HSN Code 39094050 usage for Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 39 – Plastics And Articles Thereof to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 39094050 belong to?
HSN Code 39094050 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 : Phenoxi Resins.
Is IGST applicable on Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins?
Yes, IGST at 18.00% is applicable when Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi 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 39094050?
Yes, e-commerce sellers dealing in Amino - Resins, Phenolic Resins And Polyurethanes, In Primary Forms - Phenolic Resins : Phenoxi Resins must use HSN 39094050 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.
