Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29051220 serves as the official classification for Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol. This code determines tax rates and compliance obligations for all entities trading in Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol. 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 N.a.
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 29051220
Goods classified as Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol under HSN 29051220 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 N.a as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29051220?
Manufacturers, wholesalers, retailers, and exporters dealing in Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol are required to mention HSN 29051220 on all tax documents. This classification under Elements Or Of Isotopes applies to businesses of all sizes operating within Chapter 29. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol? Complete GST registration to legally collect taxes on goods under HSN 29051220. 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
Correct HSN Code 29051220 application for Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 29 – Elements Or Of Isotopes through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
HSN Code 29051220 is used to classify Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.
Yes, GST registration is mandatory for businesses dealing in Acyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Saturated Monohydric Alcohols :-Propan-1-O1 (Propyl Alcohol) And Propan- 2-Ol (Isopropyl Alcohol) : Isopropyl Alcohol under HSN 29051220. This enables you to legally collect taxes and claim input credits on purchases.
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.
