GST rates and HSN code for Resin products.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Miscellaneous chemical <strong>products</strong> | Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Ester Gums | 38063000 | 18% | – | 01/07/2017 | – |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Other: Other | 38069090 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Rosin And Resin Acids: Other | 38061090 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Other: Run Gums | 38069010 | 18% | – | 01/07/2017 | – | |
Wood Tar; Wood Tar Oils; Wood Creosote; Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar Preparations Based On Rosin, Resin Acids Or On Vegetable Pitch Wood Tar; Wood Tar Oils; Wood Creosote;Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar | 38070030 | 18% | – | 01/07/2017 | – | |
Wood Tar; Wood Tar Oils; Wood Creosote; Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar Preparations Based On Rosin, Resin Acids Or On Vegetable Pitch Wood Tar; Wood Tar Oils; Wood Creosote;Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar | 38070020 | 18% | – | 01/07/2017 | – | |
Wood Tar; Wood Tar Oils; Wood Creosote; Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar Preparations Based On Rosin, Resin Acids Or On Vegetable Pitch | 380700 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids | 380610 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums | 3806 | 18% | – | 01/07/2017 | – | |
Wood Tar; Wood Tar Oils; Wood Creosote; Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar Preparations Based On Rosin, Resin Acids Or On Vegetable Pitch Wood Tar; Wood Tar Oils; Wood Creosote;Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar | 38070010 | 18% | – | 01/07/2017 | – | |
Wood Tar; Wood Tar Oils; Wood Creosote; Wood Naphtha; Vegetable Pitch; Brewers Pitch And Similar Preparations Based On Rosin, Resin Acids Or On Vegetable Pitch | 3807 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Rosin And Resin Acids: Gum Rosin | 38061010 | 18% | – | 01/07/2017 | – | |
Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums Salts Of Rosin, Of Resin Acids Or Of Derivatives Of Rosin Or Resin Acids, Other Than Salts Of Rosin Adducts | 38062000 | 18% | – | 01/07/2017 | – | |
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | Discs, Tapes, Solid-State Non-Volatile Storage Devices, Smart Cards And Other Media For The Recording Of Sound Or Of Other Phenomena, Whether Or Not Recorded, Including Matrices And Masters Production Of Discs, But Excluding Products Of Chapter 37 – Other | 85238090 | 18% | – | 01/07/2017 | – |
Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks | Synthetic Organic Colouring Matter, Whether Or Not Chemically Defined; Preparations As Specified In Note 3 To This Chapter Based On Synthetic Organic Colouring Matter; Synthetic Organic Products Of A Kind Used As Fluorescent Brightening Agents Or As Lumin | 32041552 | 18% | – | 01/07/2017 | – |
Iron and steel | Other Alloy Steel In Ingots Or Other Primary Forms; Semi-Finished Products Of Other Alloy Steel – Other : Other : Billets | 72249091 | 18% | – | 01/07/2017 | – |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 0.5 Mm Or More But Not Exceeding 1 Mm : Other | 72193490 | 18% | – | 01/07/2017 | – | |
Pharmaceutical <strong>products</strong> | Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Mixed Or Unmixed Products For Therapeutic Or Prophylactic Uses, Put Up In Measured Doses (Including Those In The Form Of Transdermal Administration Systems) Or In Forms Or Packings | 30041090 | 12% | – | 01/07/2017 | – |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Mixed Or Unmixed Products For Therapeutic Or Prophylactic Uses, Put Up In Measured Doses (Including Those In The Form Of Transdermal Administration Systems) Or In Forms Or Packings | 30041040 | 12% | – | 01/07/2017 | – | |
Essential oils and resinoids, perfumery, cosmetic or toilet preparations | Essential Oils (Terpeneless Or Not), Including Concretes And Absolutes; Resinoids; Extracted Oleoresins; Concentrates Of Essential Oils In Fats, In Fixed Oils, In Waxes Or The Like, Obtained By Enfleurage Or Maceration; Terpenic By-Products Of The Deterpe | 33012928 | 18% | – | 01/07/2017 | – |
Resins, both natural and synthetic, are incredibly versatile materials forming the backbone of countless products across various industries. For businesses in India dealing with “resin products,” pinpointing the correct Harmonized System of Nomenclature (HSN) code is crucial for accurate GST compliance. The classification heavily depends on the type of resin and its form or application.
When we talk about “resin products,” we might be referring to the resins themselves (in primary forms like liquids, granules, or powders), derivatives of resins, or articles made from resins. The HSN system categorizes these based on their chemical nature and primary use.
Based on the provided data, the most direct HSN classification for resins and their derivatives is found in:
This chapter is the primary home for “Rosin And Resin Acids, And Derivatives Thereof; Rosin Spirit And Rosin Oils; Run Gums.” These are natural resins and their processed forms, often used as raw materials in various industries like paints, adhesives, and inks.
Relevant HSN codes under this heading include:
Also related in Chapter 38 are:
All the above HSN codes for resins and their derivatives under Chapter 38 consistently attract an 18% GST rate, effective from July 1, 2017.
While the core “resin products” as raw materials or derivatives fall under Chapter 38, it’s crucial to understand that articles made from resins (especially synthetic resins/plastics) will fall under different HSN chapters.
The provided data also lists items with “resin” in their description but belong to entirely different categories, emphasizing the importance of precise classification:
Therefore, when dealing with “resin products,” first identify if you are selling the resin itself (raw material/derivative) or a finished product made from resin.
For Rosin and Resin Acids, their derivatives, and similar preparations based on rosin, typically falling under HSN Chapter 38, the GST rate is 18%. This rate applies broadly to these chemical products. Other resin-related products like “Resinoids” under Chapter 33 also share this 18% rate. If the “resin product” refers to plastics in primary forms or articles of plastics, the 18% GST rate is also very common.
Raw resins and their derivatives, such as rosin and resin acids, are primarily covered under HSN Chapter 38: Miscellaneous chemical products.
The GST rate for rosin and resin acids, and their derivatives (HSN 3806), is 18%.
The 18% GST rate for these resin products became effective from July 1, 2017.
For the most precise HSN code, especially for complex or newly developed resin products, it is essential to consult the detailed sub-headings of the Indian Customs Tariff and consider seeking advice from a tax professional.
Finished goods made from resin would be classified based on the nature of the finished article. If it’s a plastic article, it would fall under Chapter 39; if it’s considered an art piece, it might have a different classification. The rate would depend on the final product’s specific HSN.
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