Within Chapter 39 – Plastics And Articles Thereof, HSN Code 39159030 serves as the official classification for Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers. This code determines tax rates and compliance obligations for all entities trading in Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in 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 39159030
The tax structure for Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers under HSN Code 39159030 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 39159030?
Traders, manufacturers, and importers of Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers are required to mention HSN Code 39159030 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
Commencing trade in Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers? Secure GST registration to handle taxes on HSN 39159030 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 39159030 accurately for Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers 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 39159030 used for?
HSN Code 39159030 is used to classify Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers 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 39159030?
For Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers, 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 Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers?
Yes, GST registration is mandatory for businesses dealing in Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers under HSN 39159030. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Waste, Parings And Scrap, Of Plastics - Of Other Plastics :Of Acrylic Polymers And Methlyacrylic Copolymers?
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.
