written by | October 21, 2022

All About HSN code for PVC Pipes and Fittings in India

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The HSN code for Pvc Pipes and Fittings is the hexadecimal code of the product. The code is used to identify the product in an electronic system. It is made up of 6 digits, which are separated by a hyphen. The first two digits represent the manufacturer code and are used as a reference to identify the company producing the product. The remaining four digits identify each component within a product.

Did you know? HSN code stands for "Harmonized System of Nomenclature". This system has been introduced for the systematic classification of goods worldwide.

What is an HSN code?

If you are manufacturing or selling PVC pipes and fittings in India, you must be aware of the Harmonized System of Nomenclature (HSN) code. The HSN code is an 8-digit code that is used to classify goods across the world. In India, the HSN code is used for GST.

PVC pipes and fittings fall under HSN code 3917 and are subject to a GST rate of 18%. If you sell PVC pipes and fittings in India, you must charge 18% GST on selling these goods.

Also Read: All You Need to Know About Advance Ruling under GST from AAR

The HSN code for PVC Pipes and Fittings in India

In India, PVC pipes and fittings are classified under the HSN code 3917. The HSN code is a standardised system used to classify and categorise products. The HSN code for PVC pipes and fittings comprises 6 digits. The first two digits of the code (39) represent the chapter in which the product is classified. The next two digits (17) represent the product's classification heading. The last six digits represent the product itself. 

The PVC pipes and fittings HSN code is used for GST (Goods and Services Tax) in India. GST is a value-added tax levied on the supply of goods and services. The HSN code determines the GST rate that applies to a particular product. 

PVC pipes and fittings attract a GST rate of 18%. You will have to pay an additional 18% GST when you buy PVC pipes and fittings.

Importance of the HSN code for PVC Pipes and Fittings in India

The movement of goods across national borders has become increasingly commonplace today. Many countries have adopted Harmonized System Codes (HS Codes) to streamline this process and make it more efficient. An HS Code is a 6-digit standard code used to classify and track international shipments of goods.

In India, the HS Code for PVC Pipes and Fittings is 3917. This code classifies and tracks the import and export of PVC Pipes and Fittings into and out of India. The HSN code for PVC Pipes and Fittings is an integral part of the Indian tax system. It determines the GST rate that applies to a particular good or service. It is also used for other purposes, such as classifying imports and exports and for data collection and analysis.

Also Read: GST benefits - 7 Ways One Must Know How GST benefits the Economy

Benefits of having an HSN Code

In recent years, there has been an increasing trend of businesses using HSN codes. For those who are not familiar, HSN stands for Harmonized System of Nomenclature. It is an internationally recognised system for the classification of goods. 

The benefits of using HSN codes are numerous. For businesses, it helps improve efficiency and accuracy in classifying goods. It also allows for better inventory tracking and can help reduce costs. For consumers, HSN codes can provide valuable information about the products they are interested in. 

The HSN code is a unique product identifier businesses use to identify, classify, and track products. The code comprises four parts: the first two digits identify the product group, the next two identify the product class, and the last two identify the product. The code is used to classify products and by businesses to track inventory.

How To Get HSN code?

The HSN code is a standard business use to classify goods and services. Customs officials use this code to levy correct taxes on imported and exported goods. Companies also use the code to keep track of their inventory. 

As the HSN code is a global standard, businesses must have it on their products. The code is a 6-digit number that is used to identify a product. There are a few ways to get an HSN code. The most common way is to apply for it from the Customs department. Other ways include an online application and HSN code lookup.

Finding HSN code for your product

HSN codes are used to classify products and are used by customs officials to determine duties and taxes. If you're shipping products internationally, it's important to have the correct HSN code for your product.

There are a few ways to find the right HSN code for your product. You can use an online search tool like the one provided by the World Customs Organization. 

  • Contact your local chamber of commerce or ask a customs broker. 
  • Once you have the correct HSN code for your product, include it on your commercial invoice. 
  • This will help ensure that customs officials process your shipment quickly and smoothly.

Also Read: Key Advantages and Disadvantages of GST for Businesses

Conclusion: 

In today's global economy, it's important to know how to classify your products correctly for export and import purposes. The Harmonized System (HS) is an internationally recognised product classification system, and each product is assigned a unique HS code.

The HS code determines customs tariffs, import quotas, and other restrictions on international trade. It's also used for statistical purposes, to track international trade flows, and to assess the impact of trade on the economy.

In India, PVC pipes and fittings are classified under the HSN code 3917. Knowing the right HSN code for your product is important as a business owner. It ensures that you correctly declare your product to customs and avoid potential penalties.

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FAQs

Q: How Do HSN Numbers Function?

Ans:

The HSN number is useful for tax purposes. It aids in determining a country's tax rate by distinguishing a certain commodity. HSN also assists with benefit claims. HSN applies to imports and exports, determining the number of products traded through another country and setting tax rates and advantages.

Countries have added further numbers after the first six for further categorisation. As a result, different countries have varied digit counts, while the first six digits are identical for everyone. India, for example, uses a 4-, 6-, and 8-digit HSN code system.

Q: Who requires HSN Code?

Ans:

The HSN code is commonly used by manufacturers, importers, and exporters. Even before the GST era, manufacturers used to mention this code. Importers and exporters provide these documents in their import and export documents. Traders often use HSN codes. Traders receive them from manufacturers and importers. HSN is not required for dealers whose annual turnover is less than ₹1.5 crores.

Q: Why Is the HSN Code Vital for GST?

Ans:

The HSN code makes the GST system more standardised and acceptable on the international market. This code also has significant uses for GST because it greatly benefits customer service representatives.

When using the HSN code, you do not need to include a thorough description of the items covered by the GST. Additionally, enabling automation in GST return filing saves time and money for the tax authorities.

Q: What is the HSN code for PVC pipes and fittings in India?

Ans:

In India, PVC pipes and fittings are classified under the HSN code 3917.

Q: What is the HSN code?

Ans:

The government uses the HSN code to track and monitor the movement of goods, services, and people across borders. The HSN code is a six-digit number representing a particular item's place in a customs manifest.

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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.