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Published on:
February 25, 2023
By
Nishanta

POLYMERS VINYL ACETATE - GST RATES and HSN CODE 3905

Polymers are a class of material that is widely used in various industries due to their versatile properties. One such polymer is vinyl acetate, which finds applications in adhesives, coatings, and emulsions. In this article, we will discuss the GST rates and HSN code for polymers vinyl acetate.

GST Rates for Polymers Vinyl Acetate

Polymers vinyl acetate are classified under Chapter 39 of the GST tariff. As per the GST rates, the tax rate for polymers vinyl acetate is 18%. This rate is applicable to all types of polymers vinyl acetate, whether in the form of granules, powder or other forms.HSN Code for Polymers Vinyl AcetateHSN codes or Harmonized System of Nomenclature codes are used to classify goods for taxation purposes. The HSN code for polymers vinyl acetate is 3905. This code is used to identify all types of polymers vinyl acetate, whether in the form of granules, powder or other forms.

Uses of Polymers Vinyl Acetate

Polymers vinyl acetate find applications in various industries due to their unique properties. Some of the uses of polymers vinyl acetate are:

1. Adhesives: Polymers vinyl acetate are widely used in the manufacture of adhesives due to their excellent adhesive properties. They are used in the production of glue sticks, hot melt adhesives, and various other types of adhesives.

2. Coatings: Polymers vinyl acetate are also used in the manufacture of coatings for various applications. They are used in the production of paints, varnishes, and other types of coatings.

3. Emulsions: Polymers vinyl acetate are used in the production of emulsions, which are used in various industries. They are used in the production of paper coatings, textile coatings, and various other types of coatings.

Conclusion

Polymers vinyl acetate are an essential class of material used in various industries due to their versatile properties. The GST rates and HSN code for polymers vinyl acetate are important for businesses engaged in the manufacture and sale of these materials. By understanding the tax rates and classification codes, businesses can ensure compliance with GST regulations and avoid any penalties.

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