Chapter 13 – HSN Code & GST Rate for Lac, Gums, Resins and Vegetable Extracts
Chapter 13 of the Harmonized System of Nomenclature (HSN) covers various products including lac, gums, resins, and vegetable saps and extracts. These products have applications in industries such as pharmaceuticals, cosmetics, and food additives. Understanding the HSN codes and GST rates for Chapter 13 products is crucial for businesses in these sectors. Let’s explore the HSN codes and GST rates for Chapter 13 products in India:
Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
---|---|---|---|
Lac; natural gums, resins, gum-resins, and oleoresins | 1301 | 130120, 130190 | 5% |
Vegetable saps and extracts | 1302 | 130211, 130212, 130213, 130214, 130219, 130220, 130230, 130231, 130232, 130239 | 18% |
Please verify these HSN codes, Export & Import HSN Codes, and GST rates with the relevant authorities to ensure compliance with Indian tax regulations. This information serves as a guide for businesses dealing with lac, gums, resins, and vegetable saps and extracts, aiding in accurate tax calculation and invoicing.