29049940 is the designated HSN classification for Ortho Nitrochlorobenzene, categorized under Chapter 29 – Elements Or Of Isotopes in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Ortho Nitrochlorobenzene must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
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 29049940
Tax liability for Ortho Nitrochlorobenzene under HSN 29049940 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 29049940?
Traders, manufacturers, and importers of Ortho Nitrochlorobenzene are required to mention HSN Code 29049940 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
Looking to deal in Ortho Nitrochlorobenzene? GST registration is your first compliance requirement for HSN 29049940 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 application of HSN Code 29049940 for Ortho Nitrochlorobenzene enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 29 – Elements Or Of Isotopes should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 29049940?
The standard unit of measurement for Ortho Nitrochlorobenzene under HSN Code 29049940 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 29049940 mandatory for small businesses?
Yes, businesses dealing in Ortho Nitrochlorobenzene must use HSN 29049940 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Ortho Nitrochlorobenzene?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 29049940 for Elements Or Of Isotopes goods before invoicing.
Do I need AD Code registration for exporting Ortho Nitrochlorobenzene?
Yes, AD Code registration is required for exporters dealing in Ortho Nitrochlorobenzene under Elements Or Of Isotopes. This registration links your bank account to process foreign currency payments from overseas buyers.
