Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29043200 serves as the official classification for Ammonium Perfluorooctane Sulphonate. This code determines tax rates and compliance obligations for all entities trading in Ammonium Perfluorooctane Sulphonate. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in 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 29043200

The taxation of Ammonium Perfluorooctane Sulphonate under HSN Code 29043200 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Elements Or Of Isotopes goods under Chapter 29.

Who Should Use HSN Code 29043200?

All businesses supplying Ammonium Perfluorooctane Sulphonate are obligated to use HSN 29043200 on tax invoices. From producers to retailers within Elements Or Of Isotopes, Chapter 29 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Looking to deal in Ammonium Perfluorooctane Sulphonate? GST registration is your first compliance requirement for HSN 29043200 goods. International traders in Elements Or Of Isotopes products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Accurate HSN Code 29043200 usage for Ammonium Perfluorooctane Sulphonate 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)

What is HSN Code 29043200 used for?

HSN Code 29043200 is used to classify Ammonium Perfluorooctane Sulphonate under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 29043200?

For Ammonium Perfluorooctane Sulphonate, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade in Ammonium Perfluorooctane Sulphonate?

Yes, GST registration is mandatory for businesses dealing in Ammonium Perfluorooctane Sulphonate under HSN 29043200. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Ammonium Perfluorooctane Sulphonate?

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.

More HSN codes from Chapter 29

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