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HSN Code - 38099310 : Of a kind used in the leather or like industries (FATTY OIL OR PULL UP OIL)
| HSN CODE | Description | Policy |
|---|---|---|
| 3809 | FINISHING AGENTS, DYE CARRIERS TO ACCELERATE THE DYEING OR FIXING OF DYE-STUFFS AND OTHER PRODUCTS AND PREPARATIONS (FOR EXAMPLE, DRESSINGS AND MORDANTS), OF A KIND USED IN THE TEXTILE, PAPER, LEATHER OR LIKE INDUSTRIES, NOT ELSEWHERE SPECIFIED OR INCLUDED | |
| 380993 | Of a kind used in the leather or like industries | |
| 38099310 | FATTY OIL OR PULL UP OIL | Free |
Harmonised System of Nomenclature (HSN Codes) 38099310 are used for the FATTY OIL OR PULL UP OIL products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 38099310
First two digits (38) represent the chapter number which is Chapter 38 - Miscellaneous chemical products.
Next two digits (09) represent the heading number which is FINISHING AGENTS, DYE CARRIERS TO ACCELERATE THE DYEING OR FIXING OF DYE-STUFFS AND OTHER PRODUCTS AND PREPARATIONS (FOR EXAMPLE, DRESSINGS AND MORDANTS), OF A KIND USED IN THE TEXTILE, PAPER, LEATHER OR LIKE INDUSTRIES, NOT ELSEWHERE SPECIFIED OR INCLUDED
Next two digits (93) represent the product code which is Of a kind used in the leather or like industries
Last two digits (10) are for final or deeper classification which is FATTY OIL OR PULL UP OIL
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.
FAQs on HSN Code 38099310
What is HSN Code 38099310 used for?
HSN Code 38099310 is used to classify goods under GST for invoicing, taxation, import, and export. Businesses use this code to correctly identify products while filing GST returns and trade documents.
Is HSN Code 38099310 mandatory for GST invoices?
Yes. HSN codes are mandatory on GST invoices for most businesses, especially for B2B transactions, exports, and imports. The level of digits required depends on turnover and transaction type.
What is the GST rate for HSN Code 38099310?
The GST rate for HSN Code 38099310 depends on the product specification and the latest GST notifications. Businesses should verify the applicable rate from CBIC notifications or consult a tax professional before invoicing.
What is the import or export policy for HSN Code 38099310?
As per current trade policy, HSN Code 38099310 falls under "Free" category. Import or export may be subject to specific conditions or approvals.
What is the difference between HSN Code and SAC Code?
HSN codes are used for goods or products, while SAC codes are used for services. Businesses dealing in both goods and services must use the correct code type for GST compliance.