Dear Experts,
Hope you are all safe. Please stay safe.
Ours is a Pharma manufacturing company and obtained license to manufacture Hand Sanitizer (using alcohol) from Drug Department and started manufacturing. We are going to sell only to drug distributors who are having drug license.
Kindly share us the HSN Code and GST rate, please immediately and oblige.
Pharma Company Seeks Clarification on HSN Code and GST Rate for Alcohol-Based Hand Sanitizers; Court Issues Notices A pharma manufacturing company inquired about the appropriate Harmonized System of Nomenclature (HSN) code and Goods and Services Tax (GST) rate for hand sanitizers, which they produce using alcohol and sell to licensed drug distributors. Responses indicated that if ethanol predominates in the sanitizer, it should be classified under Chapter/Heading No. 3004 with a 12% GST rate. Other classifications, such as Chapter/Heading Nos. 3402 and 3808, attract an 18% GST rate. The Madras High Court issued notices regarding suspending GST collection on sanitizers and masks. Additional notifications and references were provided for further clarification. (AI Summary)
TaxTMI 
TaxTMI 
