Within Chapter 39 – Plastics And Articles Thereof, HSN Code 39159041 serves as the official classification for Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters. This code determines tax rates and compliance obligations for all entities trading in Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters. 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 39159041
The taxation of Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters under HSN Code 39159041 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 kg. for Plastics And Articles Thereof goods under Chapter 39.
Who Should Use HSN Code 39159041?
Every entity transacting in Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters must quote HSN Code 39159041 on invoices. This includes traders, distributors, and e-commerce sellers operating under Plastics And Articles Thereof. Chapter 39 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters? GST registration is mandatory for collecting and remitting taxes on HSN 39159041 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
Correct HSN Code 39159041 application for Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 39 – Plastics And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 39159041 used for?
HSN Code 39159041 is used to classify Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters 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 39159041?
For Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters, 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 Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters?
Yes, GST registration is mandatory for businesses dealing in Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters under HSN 39159041. 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 Alkyds, Polyesters And Epoxide Resins : Of Alkyds And Polyesters?
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.
