Tall Oil - GST Rates HSN Code 3803

If you are looking for information on Tall Oil - GST rates and HSN code, then you have come to the right place.

In this article, we will discuss all the details regarding Tall oil, including its definition, uses, HSN code, GST rates, and more. So, let’s get started.

What is Tall Oil?

Tall oil is a by-product of the kraft pulping process, which is used to make paper. It is a viscous liquid that is derived from the black liquor, a by-product of the paper-making process. Tall oil is composed of fatty acids, resin acids, and other organic compounds.

Uses of Tall Oil

Tall oil is mainly used in the chemical industry as a raw material for the production of a wide range of products. It is used in the production of adhesives, coatings, printing inks, and more. Tall oil is also used as a fuel in some industries, such as the maritime industry.

HSN Code for Tall Oil

The HSN code for Tall Oil is 3803. This code falls under the category of Residues from the food industries; prepared animal fodder. The HSN code is used to classify goods for taxation purposes in India.

GST Rates for Tall Oil

The GST rate for Tall oil is 18%. This means that if you buy or sell Tall oil in India, you will be charged a tax of 18% on the transaction value. It is important to note that the GST rate for Tall oil may vary depending on the state in which the transaction takes place.

Conclusion

Tall oil is an important raw material in the chemical industry. Its HSN code is 3803, and the GST rate for Tall oil is 18%. We hope that this article has provided you with all the information you need about Tall Oil – GST rates and HSN code. If you have any further questions, please feel free to leave a comment below.