Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29071520 serves as the official classification for Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols. This code determines tax rates and compliance obligations for all entities trading in Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols. 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 29071520
Tax liability for Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols under HSN 29071520 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 29071520?
Manufacturers, wholesalers, retailers, and exporters dealing in Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols are required to mention HSN 29071520 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 Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols? Complete GST registration to legally collect taxes on goods under HSN 29071520. 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
Using HSN Code 29071520 accurately for Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 29071520?
Official GST rates for Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols under HSN 29071520 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 29071520?
Yes, online marketplaces and e-commerce operators selling Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols must mention HSN Code 29071520 on invoices. This Elements Or Of Isotopes classification applies to all sales channels under Chapter 29.
What documents are needed for company registration to trade in Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols under HSN 29071520.
How often do GST rates change for Elements Or Of Isotopes products?
GST rates for Phenols; Phenol-Alcohols - Monophenols : Naphthols And Their Salts : Beta Naphthols and other Elements Or Of Isotopes products under Chapter 29 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
