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HSN CODE - 38123020 : Softeners for rubber

Harmonised System of Nomenclature (HSN Codes) 38123020 are used for the Softeners for rubber 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 38123020

First two digits (38) represent the chapter number which is Chapter 38 - Miscellaneous chemical products.

Next two digits (12) represent the heading number which is PREPARED RUBBER ACCELERATORS; COMPOUND PLASTICISERS FOR RUBBER OR PLASTICS, NOT ELSEWHERE SPECIFIED OR INCLUDED; ANTI-OXIDISING PREPARATIONS AND OTHER COMPOUND STABILISERS FOR RUBBER OR PLASTICS

Next two digits (30) represent the product code which is Anti-oxidising preparations and other compound stabilisers for rubber or plastics

Last two digits (20) are for final or deeper classification which is Softeners for rubber

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