29012200 is the designated HSN classification for Acyclic Hydrocarbons - Unsaturated : Propene (Propylene), categorized under Chapter 29 – Elements Or Of Isotopes in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.
HSN Codes under Chapter 29 – Elements Or Of Isotopes
Below are related HSN codes from Chapter 29 – Elements Or Of Isotopes for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Elements Or Of Isotopes... | 29011000 | Acyclic Hydrocarbons - Saturated | 0.09 | 0.09 | 0.18 |
| Elements Or Of Isotopes... | 29012100 | Acyclic Hydrocarbons - Unsaturated : Ethylene | 0.09 | 0.09 | 0.18 |
| Elements Or Of Isotopes... | 29012300 | Acyclic Hydrocarbons - Unsaturated : Butene (Butyl... | 0.09 | 0.09 | 0.18 |
| Elements Or Of Isotopes... | 29012400 | Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Dien... | 0.09 | 0.09 | 0.18 |
| Elements Or Of Isotopes... | 29012910 | Acyclic Hydrocarbons - Unsaturated :-Other : Acety... | 9.00% | 9.00% | 18.00% |
| Elements Or Of Isotopes... | 29012920 | Acyclic Hydrocarbons - Unsaturated :-Other : Hepte... | 9.00% | 9.00% | 18.00% |
| Elements Or Of Isotopes... | 29012930 | Dihydromyrcene | 9.00% | 9.00% | 18.00% |
| Elements Or Of Isotopes... | 29012940 | Tetradecene | 9.00% | 9.00% | 18.00% |
| Elements Or Of Isotopes... | 29012990 | Acyclic Hydrocarbons - Unsaturated :-Other : Other | 0.09 | 0.09 | 0.18 |
| Elements Or Of Isotopes... | 29021100 | Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cyclo... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 29012200
For Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) classified under HSN Code 29012200, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.
Who Should Use HSN Code 29012200?
Traders, manufacturers, and importers of Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) are required to mention HSN Code 29012200 on all GST documents. This Elements Or Of Isotopes classification under Chapter 29 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in Acyclic Hydrocarbons - Unsaturated : Propene (Propylene)? Secure GST registration to handle taxes on HSN 29012200 classified goods. Businesses with international operations in Elements Or Of Isotopes need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate HSN Code 29012200 usage for Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 29 – Elements Or Of Isotopes to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) under HSN 29012200 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.
Yes, online marketplaces and e-commerce operators selling Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) must mention HSN Code 29012200 on invoices. This Elements Or Of Isotopes classification applies to all sales channels under Chapter 29.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) under HSN 29012200.
GST rates for Acyclic Hydrocarbons - Unsaturated : Propene (Propylene) and other Elements Or Of Isotopes products under Chapter 29 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.