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HSN Code - 38151210 : With precious metal or precious metal compounds as the active substance (PLTNM/PALDM CATALYST/A BASE OF ACTVTD CRBN)
| HSN CODE | Description | Policy |
|---|---|---|
| 3815 | REACTION INITIATORS, REACTION ACCELERATORS AND CATALYTIC PREPARATIONS, NOT ELSEWHERE SPECIFIED OR INCLUDED | |
| 381512 | With precious metal or precious metal compounds as the active substance | |
| 38151210 | PLTNM/PALDM CATALYST/A BASE OF ACTVTD CRBN | Free |
Harmonised System of Nomenclature (HSN Codes) 38151210 are used for the PLTNM/PALDM CATALYST/A BASE OF ACTVTD CRBN 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 38151210
First two digits (38) represent the chapter number which is Chapter 38 - Miscellaneous chemical products.
Next two digits (15) represent the heading number which is REACTION INITIATORS, REACTION ACCELERATORS AND CATALYTIC PREPARATIONS, NOT ELSEWHERE SPECIFIED OR INCLUDED
Next two digits (12) represent the product code which is With precious metal or precious metal compounds as the active substance
Last two digits (10) are for final or deeper classification which is PLTNM/PALDM CATALYST/A BASE OF ACTVTD CRBN
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.
FAQs on HSN Code 38151210
What is HSN Code 38151210 used for?
HSN Code 38151210 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 38151210 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 38151210?
The GST rate for HSN Code 38151210 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 38151210?
As per current trade policy, HSN Code 38151210 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.