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)

Where can I find the official GST rate for HSN 29012400?

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.

Do online marketplaces need to mention HSN 29012400?

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.

What documents are needed for company registration to trade in Acyclic Hydrocarbons - Unsaturated : Buta-1,3-Diene And Isoprene?

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.

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

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.

More HSN codes from Chapter 29

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