What products are classified under HSN 38063000 ?
It includes Ester gums
HSN Code 38063000 represents Ester gums under GST classification. This code helps businesses identify Ester gums correctly for billing, taxation, and trade. With HSN Code 38063000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ester gums.
HSN Code 38063000 relates to the following description:
Ester gums does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Rosin and resin acids :Gum rosin | |
| Rosin and resin acids : Other | |
| Salts of rosin, of resin acids or of derivatives of rosin or resin acids, other than salts of rosin adducts | |
| Other : Run gums | |
| Other : Other |
Rosin and resin acids :Gum rosin
Rosin and resin acids : Other
Salts of rosin, of resin acids or of derivatives of rosin or resin acids, other than salts of rosin adducts
Other : Run gums
Other : Other
It includes Ester gums
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ester gums; 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.
Under HSN 38063000, Ester gums attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.