Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29061200 specifically identifies Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols. 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 29061200

The tax structure for Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols under HSN Code 29061200 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 29 – Elements Or Of Isotopes.

Who Should Use HSN Code 29061200?

Any business engaged in supplying Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols must apply HSN 29061200 on invoices. The Elements Or Of Isotopes category under Chapter 29 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Starting a business involving Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols? GST registration is mandatory for collecting and remitting taxes on HSN 29061200 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 29061200 usage for Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols 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)

How many digits of HSN Code 29061200 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 29061200 for accurate classification of Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols.

Can I claim input tax credit on Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols purchases?

Yes, registered businesses can claim input tax credit on Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols purchases made under HSN 29061200. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 29061200?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols domestically?

No, Import Export Code is only required if you plan to import or export Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Cyclanic, Cyclenic Or Cycloterpenic : Cyclohexanol, Methylcyclohexanols And Dimethylcyclohexanols internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.

More HSN codes from Chapter 29

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