HSN Code 39159061 provides the tax classification for Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast under Chapter 39 – Plastics And Articles Thereof of the GST tariff. Businesses dealing in Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast 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 39159061
The taxation of Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast under HSN Code 39159061 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 39159061?
Any business engaged in supplying Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast must apply HSN 39159061 on invoices. The Plastics And Articles Thereof category under Chapter 39 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast market requires essential registrations. GST registration enables legal tax collection on HSN 39159061 goods. For cross-border trade in Plastics And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 39159061 for Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 39 – Plastics And Articles Thereof should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 39159061 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 39159061 for accurate classification of Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast.
Can I claim input tax credit on Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast purchases?
Yes, registered businesses can claim input tax credit on Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast purchases made under HSN 39159061. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 39159061?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast domestically?
No, Import Export Code is only required if you plan to import or export Waste, Parings And Scrap, Of Plastics - Of Other Plastics : Of Amino Resins; Phenolic Resins And Polyurethanes :Of Phenoplast internationally. For domestic trade within Plastics And Articles Thereof, GST registration is sufficient.
