Resin HSN Code

Understand the HSN Code for Resin: A Comprehensive Guide

The term “resin” can refer to a wide variety of products, from natural plant-based substances to synthetic polymers used in countless industries. To ensure correct GST compliance, it’s essential to classify your specific resin product accurately. The HSN code for a resin depends on its origin, chemical composition, and application.

Classify Natural Resins from Plants

If you are dealing with natural resins, gums, and other vegetable saps, the HSN code falls under Chapter 13.

• HSN 1301: This heading covers “Lac; Natural Gums, Resins, Gum-Resins And Oleoresins (For Example, Balsams).”
• Gum Arabic: This natural resin has HSN code 13012000.
• Other Natural Gums: Other natural gums and resins are classified under HSN code 13019019.
• The GST rate for these natural resins is 5%, which has been in effect since July 1, 2017.

Understand the HSN Code for Resin-Based Products

When resins are processed or used to make other products, the HSN code can change drastically.

• Resinoids and Extracted Oleoresins: These are derivatives of resins and are often used in the fragrance and flavor industry. They are classified under Chapter 33, “Essential oils and resinoids, perfumery, cosmetic or toilet preparations.”
  • HSN 3301: This heading covers essential oils, resinoids, and extracted oleoresins.
  • Various sub-codes, such as 33012928, 33019011, and 33012913, are used for specific types of resinoids and extracted oleoresins.
  • The GST rate for most of these products is 18%, which has been in effect since July 1, 2017.
  • A specific oleoresin under HSN code 33019071 has a GST rate of 12%.
• Rosin and Resin Acids: These are chemical products derived from natural resins. They are classified under Chapter 38, “Miscellaneous chemical products.”
  • HSN 3806: This heading covers “Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums.”
  • Ester Gums: These synthetic resins have HSN code 38063000.
  • Other Resins and Rosin Derivatives: These are classified under HSN code 38069090.
  • The GST rate for these products is 18%, effective from July 1, 2017.

The HSN Code for Synthetic Resins (Plastics)

Most synthetic resins, such as phenolic resins, amino-resins, and polyurethanes, are classified under Chapter 39, “Plastics and articles thereof.”

• HSN 3909: This heading covers “Amino-Resins, Phenolic Resins And Polyurethanes, in primary forms.”
  • Urea Resins: HSN code 39091010 is for Urea Formaldehyde Resins.
  • Melamine Resins: HSN code 39092090 is for other melamine resins.
  • Phenolic Resins: HSN code 390940 is the main heading for these resins.
• Other Plastic Resins: These can be found under various HSN codes, like 392094.
• The GST rate for these synthetic resins is 18%, which became effective on July 1, 2017.

Consider Resin-Bonded Products

When resin is used as a binding agent in other products, the HSN code changes to reflect the final product.

• Fibreboard and Particle Board: Wood-based products bonded with resins are classified under Chapter 44, “Wood and articles of wood.”
  • Fibreboard (MDF): HSN code 4411 covers these products.
  • Particle Board: HSN code 4410 covers these products.
  • These products generally have a GST rate of 18%, effective from November 15, 2017.

To ensure compliance, you must know the type of resin and its application to find the correct HSN code.