HSN Code 13011050: Gasket Grade Lac

HSN Code 13011050 represents Gasket Grade Lac under GST classification. This code helps businesses identify Gasket Grade Lac correctly for billing, taxation, and trade. With HSN Code 13011050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Gasket Grade Lac.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 13011050

HSN Code 13011050 relates to the following description.

Description of Goods

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : bleached lac

Chapter

13 - Lac; gums, resins and other vegetable saps and extracts

Sub Chapter

1301 - Lac; natural gums, resins, gum:resins and oleoresins (for example, balsams)

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 13011050 not include?

Gasket Grade Lac does not include products with the following descriptions.

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : shellac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : seed lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : stick lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : dewaxed and decolourised lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : gasket lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : button lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : garnet lac

Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) lac : other

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 13011050 and GST compliance.

What products are classified under HSN 13011050 ?

It includes Other Tanning Substances: Raw Vegetable

How should mixed supplies be billed when Gasket Grade Lac is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Gasket Grade Lac; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Gasket Grade Lac?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Gasket Grade Lac?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Gasket Grade Lac?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Do e‑way bill and e‑invoice apply for Gasket Grade Lac?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.