Organic chemicals, GST tariff rate in India

Organic chemicals fall under HSN code chapter 29 of GST. And you can see GST on phenyl. Here you can know about GST HSN code for Hydrocarbons– Cyclic & Acyclic. This chapter contains GST tax rates on organic chemicals that are covered under chapter 29 of HSN code.

Impact of GST on chemical industry

Current tax rates of 0-5 per cent on bio-inputs are set to rise to GST rate of 18 per cent. As result, exporters of organic food are worried that high production cost may hit their international prospects. However, farmers are worried about higher production cost. Because, they are not able to recover from buyers. Below find GST rate with description code.

What will be tax rates for organic chemicals under GST?

Gibberellic acid will fall under 12% tax bracket for GST.

Organic chemicals taxed at 18 % rate of GST

Below is following organic chemicals fall under 18% tax bracket for GST. Hence, check HSN and GST Rate for Products of Milling Industry

All goods are not specified elsewhere

HSN code 2901 -Acyclic hydrocarbons

HSN code 2902-Cyclic hydrocarbons

HSN code 2903- derivatives of hydrocarbons Halogenated.

HSN code 2904-Sulphonated, nitrated or nitrosated derivatives

HSN code 2905- Acyclic alcohols and their halogenated sulphonated

HSN code 2906- Cyclic alcohols and their halogenated sulphonated

HSN code 2907 -Phenols; phenol‑alcohols.

HSN code 2908 -Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenolalcohols.

HSN code 2911 -Acetals and hemiacetals, with other oxygen function. And their halogenated, sulphonated, derivatives.

HSN code 2912 – Aldehydes whether or not with

HSN code 2913- Halogenated, sulphonated, nitrated or derivatives of products of heading 2912

HSN code 2914 -Ketones and quinones,

HSN code 2915 -Saturated acyclic, monocarboxylic acids

HSN code 2916- unsaturated acyclic or cyclic monocarboxylic acids

HSN code 2917- Polycarboxylic acids and their anhydrides, halides, peroxides

HSN code 2918-Carboxylic acids with oxygen function

HSN code 2919 -Phosphoric esters and their salts, includes lactophosphates.

HSN code 2920 -Esters of other inorganic acids of non-metals (excluding hydrogen halides). And their salts, halogenated, sulphonated.

HSN code 2921 Amine-function compounds.

HSN code 2922- Oxygenfunction aminocompounds.

HSN code 2923- Quaternary ammonium salts and hydroxides lecithins

HSN code 2924- Carboxyamide function and amide-function compounds

HSN code 2925-Carboxyimide- function compounds including saccharin

HSN code 2926- Nitrilefunction compounds.

HSN code 2927- Diazo-, azo- or azoxycompounds.

HSN code 2928- Organic derivatives of hydrazine or of hydroxylamine.

HSN code 2929- Compounds with other nitrogen function

HSN code 2930- Organosulphur compounds.

HSN code 2935 -Sulphonamides

HSN code 2936- Provitamins and vitamins, natural or reproduced

HSN code 2937-Hormones, prostaglandins, thromboxanes and leukotrienes.

Finally, check chemicals hs code in India. Therefore check GST rate for organic chemicals. You can also view HSN code for laboratory chemicals. Hence, for more information you can see HSN code list of chemicals.

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