Under the GST regime, HSN Code 29062920 classifies Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using 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 29062920
For Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol classified under HSN Code 29062920, 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 29062920?
All businesses supplying Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol are obligated to use HSN 29062920 on tax invoices. From producers to retailers within Elements Or Of Isotopes, Chapter 29 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol? Secure GST registration to handle taxes on HSN 29062920 classified goods. Businesses with international operations in Elements Or Of Isotopes need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Correct HSN Code 29062920 application for Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 29 – Elements Or Of Isotopes through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 29062920 belong to?
HSN Code 29062920 falls under Chapter 29 – Elements Or Of Isotopes in the GST tariff schedule. This chapter covers various goods including Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol.
Is IGST applicable on Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol?
Yes, IGST at 18.00% is applicable when Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 29062920?
Yes, e-commerce sellers dealing in Cyclic Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Aromatic : Other : Phenylethyl Alcohol must use HSN 29062920 on their invoices. This applies to all online platforms operating under Elements Or Of Isotopes classification.
How do I start an import business for Elements Or Of Isotopes goods?
To import goods under Elements Or Of Isotopes, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
