Resin HSN code and GST rate

Resin hsn code

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Resin hsn code. The Harmonized System Nomenclature (HSN) code is used in India to classify goods for taxation purposes, including the Goods and Services Tax (GST). For various types of plastic resins, the HSN codes fall under Chapter 39 of the Indian Trade Classification (Harmonized System) [ITC(HS)]. Here are the HSN codes for some common plastic resins:

Common resin HSN Codes for Plastic Resins

  1. Polyethylene
    • HSN Code: 3901
      • 3901.10: Polyethylene having a specific gravity of less than 0.94
      • 3901.20: Polyethylene having a specific gravity of 0.94 or more
  2. Polypropylene
    • HSN Code: 3902
      • 3902.10: Polypropylene
  3. Polystyrene
    • HSN Code: 3903
      • 3903.11: Polystyrene, expandable
      • 3903.19: Polystyrene, other
  4. Polyvinyl Chloride (PVC)
    • HSN Code: 3904
      • 3904.10: Polyvinyl chloride, not mixed with any other substances
      • 3904.21: Polyvinyl chloride, non-plasticized
      • 3904.22: Polyvinyl chloride, plasticized
  5. Polyethylene Terephthalate (PET)
    • HSN Code: 3907
      • 3907.61: Polyethylene terephthalate
  6. Polyamides (Nylon)
    • HSN Code: 3908
      • 3908.10: Polyamide-6, -11, -12, -6,6, -6,9, -6,10 or -6,12
      • 3908.90: Other polyamides in primary forms
  7. Polycarbonate
    • HSN Code: 3907
      • 3907.40: Polycarbonates
  8. Epoxide Resins
    • HSN Code: 3907
      • 3907.30: Epoxide resins
  9. Acrylic Polymers
    • HSN Code: 3906
      • 3906.10: Polymethyl methacrylate
      • 3906.90: Other acrylic polymers
  10. Polyurethanes
    • HSN Code: 3909
      • 3909.50: Polyurethanes

How to Use resin HSN Codes

  1. Identify the Material: Determine the specific type of plastic resin you are dealing with.
  2. Refer to HSN Code List: Use the ITC(HS) classification to find the correct HSN code for your resin.
  3. Documentation: Ensure that all import/export and taxation documents include the correct HSN code.
  4. Consult Regulations: Check the specific regulations, duties, and taxes associated with the HSN code in India.

Conclusion

Using the correct resin HSN code is essential for the accurate classification of plastic resins in India. This ensures compliance with tax regulations and facilitates smooth customs processing. Always refer to the latest ITC(HS) classification and consult with customs authorities or a trade expert to confirm the correct HSN code for your specific plastic resin product.

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