Introduction
The Goods and Services Tax (GST) system in India has revolutionized the taxation structure, including the taxation of plastic and plastic products. To ensure proper classification and taxation, the GST system utilizes Harmonized System of Nomenclature (HSN) codes. In this article, we will explore the GST HSN codes for plastic products, understand the GST rates applicable to plastic items, and provide specific insights into HSN codes for various plastic products.
Page Contents
- What Is the GST HSN Code for Plastic Products?
- What Is the GST Rate of Plastic Items?
- What Is the HSN Code and GST Rate for PVC?
- What Is the HSN Code for Plastic Item (8 Digit)?
- What Is the HSN Code for Plastic Product Manufacturing?
- What Is HSN Code 39241090?
- What Is HSN Code 39269080?
- What Is HSN Code 39249090?
- What Is the HSN Code for Plastic Moulded Products?
- What Is HSN Code 39239090?
- What Is the GST Rate for 3923 Full HSN Code?
- Conclusion
What Is the GST HSN Code for Plastic Products?
Plastic products are classified under different HSN codes based on their specific characteristics and composition. The most common HSN code for plastic products is 39. This HSN code covers a wide range of plastic items, including plastic articles, plastic containers, plastic sheets, plastic bags, and more. However, it is important to note that different plastic products may have more specific HSN codes depending on their nature and composition.
What Is the GST Rate of Plastic Items?
The GST rate for plastic items in India can vary based on the type of plastic product. The applicable GST rates for plastic items are generally 12%, 18%, or 28%. It is essential to determine the correct HSN code for a specific plastic item to ascertain the accurate GST rate.
What Is the HSN Code and GST Rate for PVC?
Polyvinyl Chloride (PVC) is a commonly used type of plastic. The HSN code for PVC products is 39. The GST rate applicable to PVC products depends on the specific type of product. For instance, PVC pipes and fittings fall under the 18% GST slab, while PVC sheets and films attract a GST rate of 28%.
What Is the HSN Code for Plastic Item (8 Digit)?
HSN codes for plastic items are generally 6 digits long. However, to provide more specific classification, an 8-digit HSN code may be used. The additional two digits further differentiate the specific type or composition of the plastic item. It is crucial to refer to the specific HSN code applicable to the particular plastic product in question.
What Is the HSN Code for Plastic Product Manufacturing?
The HSN code for plastic product manufacturing generally falls under HSN code 39. This code covers a broad range of plastic products and articles produced through various manufacturing processes.
What Is HSN Code 39241090?
HSN code 39241090 is specifically assigned to “Other Articles for the Conveyance or Packing of Goods.” This category includes plastic caps, lids, stoppers, and other similar articles used for packaging purposes. The GST rate for HSN code 39241090 is 18%.
What Is HSN Code 39269080?
HSN code 39269080 corresponds to “Other Articles of Plastics.” This code encompasses a wide range of plastic products not classified under more specific HSN codes. The applicable GST rate for HSN code 39269080 is 18%.
What Is HSN Code 39249090?
HSN code 39249090 is designated for “Other Household Articles and Hygiene or Toilet Articles.” This category includes various plastic household items such as plastic hangers, buckets, dustpans, brushes, and more. The GST rate for HSN code 39249090 is 18%.
What Is the HSN Code for Plastic Moulded Products?
The HSN code for plastic moulded products generally falls under HSN code 39, which covers plastic articles and products. However, depending on the specific type and composition of the plastic moulded product, a more specific HSN code may be applicable.
What Is HSN Code 39239090?
HSN code 39239090 is assigned to “Other Articles of Plastics, Not Elsewhere Specified.” This category includes miscellaneous plastic products that do not fall under more specific HSN codes. The GST rate for HSN code 39239090 is 18%.
What Is the GST Rate for 3923 Full HSN Code?
HSN code 3923 covers articles made from plastics, but it is necessary to refer to the full HSN code for accurate classification and GST rate determination. The GST rate for HSN code 3923 can vary depending on the specific article or product. Commonly, plastic articles falling under HSN code 3923 attract an 18% GST rate.
Conclusion
Understanding the GST HSN codes and rates for plastic and plastic products is crucial for businesses and consumers involved in the plastic industry. Accurate classification and identification of the appropriate HSN code ensure proper taxation and compliance with the GST system. By referring to the specific HSN codes and understanding the corresponding GST rates, businesses can calculate and manage their tax liabilities effectively. It is advisable to consult official HSN code guidelines or seek professional advice to ensure accurate classification and taxation of plastic products in accordance with the GST regulations.