HSN CODE - 13019032 : OILBANUM OR FRANKINCENSE

Harmonised System of Nomenclature (HSN Codes) 13019032 are used for the OILBANUM OR FRANKINCENSE products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 13019032

First two digits (13) represent the chapter number which is Chapter 13 - Lac; gums, resins and other vegetable saps and extracts.

Next two digits (01) represent the heading number which is LAC;NATURAL GUMS, RESINS,GUM-RESINS AND OLEORESINS (FOR EXAMPLE,BALSAMS)

Next two digits (90) represent the product code which is Gum Resins

Last two digits (32) are for final or deeper classification which is OILBANUM OR FRANKINCENSE

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.