Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29012400 specifically identifies Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard unit of measurement is kg..
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... | 29012200 | Acyclic Hydrocarbons - Unsaturated : Propene (Prop... | 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... | 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 29012400
Goods classified as Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene under HSN 29012400 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect kg. as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29012400?
Any business engaged in supplying Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene must apply HSN 29012400 on invoices. The Elements Or Of Isotopes category under Chapter 29 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Commencing trade in Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene? Secure GST registration to handle taxes on HSN 29012400 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 application of HSN Code 29012400 for Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 29 – Elements Or Of Isotopes should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene under HSN 29012400 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 : Buta-1,3-Diene And Isoprene must mention HSN Code 29012400 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 : Buta-1,3-Diene And Isoprene under HSN 29012400.
GST rates for Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene 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.