What products are classified under HSN 2938
It includes Natural glycosides & derivatives
HSN Sub Chapter 2938 represents Natural glycosides & derivatives under GST classification. This code helps businesses identify Natural glycosides & derivatives correctly for billing, taxation, and trade. With HSN Sub Chapter 2938, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural glycosides & derivatives.
GST Rate for Natural glycosides & derivatives under HSN Code 2938. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 29 | 2938 | Glycosides, natural or reproduced by synthesis and their salts, ethers, esters and other derivatives | 18% | 18% |
Chapter: 29
Description: Glycosides, natural or reproduced by synthesis and their salts, ethers, esters and other derivatives
Following Tariff HSN code falls under Natural glycosides & derivatives:
| Tariff HSN | Description |
|---|---|
| Rutoside (rutin) and its derivatives | |
| Other :Digoxin | |
| Other :Digitalis glycosides | |
| Other :Other |
Rutoside (rutin) and its derivatives
Other :Digoxin
Other :Digitalis glycosides
Other :Other
It includes Natural glycosides & derivatives
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
If your outward supply of Natural glycosides & derivatives is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Natural glycosides & derivatives are forward charge. Check the current notifications for any special cases before deciding.
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.