What is HSN Code 38123020?
HSN code 38123020 is the Harmonized System of Nomenclature classification for Prepared Rubber Accelerators; Compound Plasticisers For Rubber Or Plastics, Not Elsewhere… under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.
This code belongs to Chapter 38 — Miscellaneous Chemical Products, which is part of Section VI: Chemical Products. Every GST-registered business supplying prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere… must quote HSN 38123020 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.