Under the GST regime, HSN Code 29042040 classifies Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using 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... | 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 29042040
Tax liability for Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene under HSN 29042040 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 29 – Elements Or Of Isotopes products must use kg..
Who Should Use HSN Code 29042040?
Every entity transacting in Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene must quote HSN Code 29042040 on invoices. This includes traders, distributors, and e-commerce sellers operating under Elements Or Of Isotopes. Chapter 29 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene? GST registration is mandatory for collecting and remitting taxes on HSN 29042040 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
Proper use of HSN Code 29042040 for Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 29042040 falls under Chapter 29 – Elements Or Of Isotopes in the GST tariff schedule. This chapter covers various goods including Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene.
Yes, IGST at 18.00% is applicable when Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Sulphonated, Nitrated Or Nitrosated Derivatives Of Hydrocarbons, Whether Or Not Halogenated - Derivatives Containing Only Nitro Or Only Nitroso Groups : Ortho Nitrotoluene must use HSN 29042040 on their invoices. This applies to all online platforms operating under Elements Or Of Isotopes classification.
To import goods under Elements Or Of Isotopes, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.