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)

Where can I find the official GST rate for HSN 29012200?

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.

Do online marketplaces need to mention HSN 29012200?

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.

What documents are needed for company registration to trade in Acyclic Hydrocarbons - Unsaturated : Propene (Propylene)?

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.

How often do GST rates change for Elements Or Of Isotopes products?

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.

More HSN codes from Chapter 29

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