Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29049970 serves as the official classification for Sodium Meta Nitrochlorobenzene Sulphonate. This code determines tax rates and compliance obligations for all entities trading in Sodium Meta Nitrochlorobenzene Sulphonate. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% 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 29049970
For Sodium Meta Nitrochlorobenzene Sulphonate classified under HSN Code 29049970, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.
Who Should Use HSN Code 29049970?
Every entity transacting in Sodium Meta Nitrochlorobenzene Sulphonate must quote HSN Code 29049970 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 Sodium Meta Nitrochlorobenzene Sulphonate? GST registration is mandatory for collecting and remitting taxes on HSN 29049970 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 HSN Code 29049970 usage for Sodium Meta Nitrochlorobenzene Sulphonate simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 29 – Elements Or Of Isotopes to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 29049970 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 29049970 for accurate classification of Sodium Meta Nitrochlorobenzene Sulphonate.
Can I claim input tax credit on Sodium Meta Nitrochlorobenzene Sulphonate purchases?
Yes, registered businesses can claim input tax credit on Sodium Meta Nitrochlorobenzene Sulphonate purchases made under HSN 29049970. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 29049970?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Sodium Meta Nitrochlorobenzene Sulphonate is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Sodium Meta Nitrochlorobenzene Sulphonate domestically?
No, Import Export Code is only required if you plan to import or export Sodium Meta Nitrochlorobenzene Sulphonate internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
