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2938 HSN Code: 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.

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New GST Rate for HSN Code 2938

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

New GST Rate: 18% Old GST Rate: 18%

Tariff HSN Codes under HSN Sub Chapter 2938

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

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FAQs for Sub Chapter 2938

What products are classified under HSN 2938

It includes Natural glycosides & derivatives

Does MRP, weight or pack size change GST treatment for 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.

Can I claim ITC on inputs and services used for Natural glycosides & derivatives?

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.

Do spares or accessories of Natural glycosides & derivatives follow the same HSN?

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.

Any import/export nuance for Natural glycosides & derivatives?

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.

Can reverse charge ever apply to transactions involving Natural glycosides & derivatives?

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.

Important Disclaimer

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.

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