QUESTION
Our two products HSN No. 38249990 & 29313900 are not appearing in your detail
Tariff. These tariff Nos are appearing in Custom Tariff available on CBIC
website. Please let us know, whether these 2 HSN are valid or not, if not pl.
have related Notification etc.
ANSWER
Chapter 29 and Chapter 38 respectively cover ORGANIC CHEMICALS and MISCELLANEOUS
CHEMICAL PRODUCTS.
Before doing any work in this direction the first thing is to confirm the
classification of the product with the help of Chemical engineer.
Please note we are dealing with GST Consultancy and not master in Chemical
Engineer. Please discuss Chapter Heading 2931 and 3824 in broader sense with
your Chemical Expert followed by his observation on all sub headings. If he is
of the opinion that it is not covered under any of the sub heading given in
detail Tariff then we can proceed further to find the possibility of covering it
under 38249990 or 29313900.
W would like to draw your attention to the point that the rate of tax at S. no.
59, 74 (Schedule II), 40 (Schedule III) & 97 (Schedule III) of Notification no.
01/2017 Central Tax (Rate) respectively contain tax for Heading 2931 & 3824. So
if your product is covered within 2/4 digit then from payment of tax from GST
angle it doesn't make any difference whether 8 digit classification is correct
or not.
You may continue your working with above logic and contact us after taking
technical advice of the chemical expert.
(Reply dt.8/3/2020)