Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29089020 specifically identifies Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is 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 29089020
For Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol classified under HSN Code 29089020, 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. N.a is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.
Who Should Use HSN Code 29089020?
Traders, manufacturers, and importers of Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol are required to mention HSN Code 29089020 on all GST documents. This Elements Or Of Isotopes classification under Chapter 29 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol market requires essential registrations. GST registration enables legal tax collection on HSN 29089020 goods. For cross-border trade in Elements Or Of Isotopes items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 29089020 application for Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol 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)
What is the unit of measurement for HSN 29089020?
The standard unit of measurement for Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol under HSN Code 29089020 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 29089020 mandatory for small businesses?
Yes, businesses dealing in Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol must use HSN 29089020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 29089020 for Elements Or Of Isotopes goods before invoicing.
Do I need AD Code registration for exporting Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol?
Yes, AD Code registration is required for exporters dealing in Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Phenols Or Phenol-Alcohols - Other : Musk Xylol under Elements Or Of Isotopes. This registration links your bank account to process foreign currency payments from overseas buyers.
