What products are classified under HSN 3403
It includes lubricating preparations
HSN Sub Chapter 3403 represents lubricating preparations under GST classification. This code helps businesses identify lubricating preparations correctly for billing, taxation, and trade. With HSN Sub Chapter 3403, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of lubricating preparations.
GST Rate for lubricating preparations under HSN Code 3403. 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 |
|---|---|---|---|---|
| 34 | 3403 | lubricating preparations (including cuttingoil preparations, bolt or nut release preparations, anti-rust or anti-corrosion preparations and mould release preparations,based on lubricants) and preparations of a kind used for the oil or grease treatment of textile materials, leather,furskins or other materials, but excluding preparations containing, as basic constituents,70 % or more by weight of petroleum oils or of oils obtained from bituminous minerals | 18% | 18% |
Chapter: 34
Description: lubricating preparations (including cuttingoil preparations, bolt or nut release preparations, anti-rust or anti-corrosion preparations and mould release preparations,based on lubricants) and preparations of a kind used for the oil or grease treatment of textile materials, leather,furskins or other materials, but excluding preparations containing, as basic constituents,70 % or more by weight of petroleum oils or of oils obtained from bituminous minerals
Following Tariff HSN code falls under lubricating preparations:
| Tariff HSN | Description |
|---|---|
| Containing petroleum oils or oils obtained from bituminous minerals : Preparations for the treatment of textile materials, leather, furskins or other materials | |
| Containing petroleum oils or oils obtained from bituminous minerals : Other | |
| Other : Preparations for the treatment of textile materials, leather, furskins or other materials | |
| Other : Other |
Containing petroleum oils or oils obtained from bituminous minerals : Preparations for the treatment of textile materials, leather, furskins or other materials
Containing petroleum oils or oils obtained from bituminous minerals : Other
Other : Preparations for the treatment of textile materials, leather, furskins or other materials
Other : Other
It includes lubricating preparations
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
If your outward supply of lubricating preparations 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.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If lubricating preparations is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
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.