What products are classified under HSN 38231200 ?
It includes Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils
HSN Code 38231200 represents Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils under GST classification. This code helps businesses identify Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils correctly for billing, taxation, and trade. With HSN Code 38231200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils.
HSN Code 38231200 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 38 | Miscellaneous chemical products | 3823 | Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols | Industrial monocarboxylic fatty acids; acid oils from refining : Oleic acid | 9% | 9% | 18% | 0% |
Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid | |
| Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude | |
| Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd | |
| Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other | |
| Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: other stearic acid or stearin | |
| Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids | |
| Industrial monocarboxylic fatty acids; acid oils from refining : Other | |
| Industrial fatty alcohols: Cetyl alcohol | |
| Industrial fatty alcohols: Lauryl alcohol | |
| Industrial fatty alcohols: Oleyl alcohol | |
| Industrial fatty alcohols: Stearyl alcohol | |
| Industrial fatty alcohols: Other |
Industrial monocarboxylic fatty acids; acid oils from refining :Stearic acid : Palm stearin : Stearic acid
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: crude
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: rbd
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: palm stearin: other
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols industrial monocarboxylic fatty acids; acid oils from refining: stearic acid: other stearic acid or stearin
Industrial monocarboxylic fatty acids; acid oils from refining : Tall oil fatty acids
Industrial monocarboxylic fatty acids; acid oils from refining : Other
Industrial fatty alcohols: Cetyl alcohol
Industrial fatty alcohols: Lauryl alcohol
Industrial fatty alcohols: Oleyl alcohol
Industrial fatty alcohols: Stearyl alcohol
Industrial fatty alcohols: Other
It includes Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils
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.
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 38231200, Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oleic Acid: Industrial Monocarboxylic Fatty Acids and Acid Oils; Nil for exempt items if applicable).
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.