What products are classified under HSN 39023000 ?
It includes Propylene Copolymers
HSN Code 39023000 represents Propylene Copolymers under GST classification. This code helps businesses identify Propylene Copolymers correctly for billing, taxation, and trade. With HSN Code 39023000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Propylene Copolymers.
HSN Code 39023000 relates to the following description:
Propylene Copolymers does not include products with the following descriptions:
It includes Propylene Copolymers
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Propylene Copolymers; Nil for exempt items if applicable).
Under HSN 39023000, Propylene Copolymers attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.
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.