Under the GST regime, HSN Code 29071920 classifies Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols. 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 29071920
Goods classified as Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols under HSN 29071920 are taxed based on transaction type. Local sales attract CGST at 9.00% plus SGST/UTGST at 9.00%. For supplies crossing state boundaries, IGST at 18.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29071920?
Any business engaged in supplying Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols must apply HSN 29071920 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
Commencing trade in Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols? Secure GST registration to handle taxes on HSN 29071920 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 29071920 application for Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols 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)
Official GST rates for Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols under HSN 29071920 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols must mention HSN Code 29071920 on invoices. This Elements Or Of Isotopes classification applies to all sales channels under Chapter 29.
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 : Other : P-Phenyl Phenols under HSN 29071920.
GST rates for Phenols; Phenol-Alcohols - Monophenols : Other : P-Phenyl Phenols 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.