Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29043500 specifically identifies Other Salts Of Perfluorooctane Sulphonic Acid for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Salts Of Perfluorooctane Sulphonic Acid. 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... 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 29043500

Goods classified as Other Salts Of Perfluorooctane Sulphonic Acid under HSN 29043500 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 29043500?

Traders, manufacturers, and importers of Other Salts Of Perfluorooctane Sulphonic Acid are required to mention HSN Code 29043500 on all GST documents. This Elements Or Of Isotopes classification under Chapter 29 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Planning to trade in Other Salts Of Perfluorooctane Sulphonic Acid? Complete GST registration to legally collect taxes on goods under HSN 29043500. Businesses importing or exporting Elements Or Of Isotopes products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Accurate application of HSN Code 29043500 for Other Salts Of Perfluorooctane Sulphonic Acid 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)

What is HSN Code 29043500 used for?

HSN Code 29043500 is used to classify Other Salts Of Perfluorooctane Sulphonic Acid 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 29043500?

For Other Salts Of Perfluorooctane Sulphonic Acid, 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 Other Salts Of Perfluorooctane Sulphonic Acid?

Yes, GST registration is mandatory for businesses dealing in Other Salts Of Perfluorooctane Sulphonic Acid under HSN 29043500. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Other Salts Of Perfluorooctane Sulphonic Acid?

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

Back to Top