HSN Code 29021900 provides the tax classification for Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other under Chapter 29 – Elements Or Of Isotopes of the GST tariff. Businesses dealing in Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at , SGST/UTGST at , and IGST at . The recognized unit of measurement is .
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... | 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 |
GST Rates for HSN 29021900
The tax structure for Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other under HSN Code 29021900 follows a dual taxation model. CGST is levied at and SGST/UTGST at for intrastate sales. Interstate transactions attract IGST at . All invoices must record quantities in as the standard measurement for goods under Chapter 29 – Elements Or Of Isotopes.
Who Should Use HSN Code 29021900?
Any business engaged in supplying Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other must apply HSN 29021900 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
Starting a business involving Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other? GST registration is mandatory for collecting and remitting taxes on HSN 29021900 goods. Companies planning international trade within Elements Or Of Isotopes must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate application of HSN Code 29021900 for Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 29 – Elements Or Of Isotopes should monitor rate updates (, , ) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 29021900 is used to classify Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other, CGST applies at and SGST/UTGST at for intrastate supplies. Interstate transactions are taxed under IGST at .
Yes, GST registration is mandatory for businesses dealing in Cyclic Hydrocarbons - Cyclanes, Cyclenes And Cycloterpenes : Other under HSN 29021900. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Elements Or Of Isotopes, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.