What products are classified under HSN 38030000 ?
It includes Tall Oil, Whether Or Not Refined
HSN Code 38030000 represents Tall Oil, Whether Or Not Refined under GST classification. This code helps businesses identify Tall Oil, Whether Or Not Refined correctly for billing, taxation, and trade. With HSN Code 38030000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Tall Oil, Whether Or Not Refined.
HSN Code 38030000 relates to the following description:
Tall Oil, Whether Or Not Refined does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Tall Oil, Whether Or Not Refined
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tall Oil, Whether Or Not Refined; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.