HSN Code 29094930 provides the tax classification for Meta Phenoxy Benzyl Alcohol (Mpba) under Chapter 29 – Elements Or Of Isotopes of the GST tariff. Businesses dealing in Meta Phenoxy Benzyl Alcohol (Mpba) must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized 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 29094930

The taxation of Meta Phenoxy Benzyl Alcohol (Mpba) under HSN Code 29094930 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Elements Or Of Isotopes goods under Chapter 29.

Who Should Use HSN Code 29094930?

Manufacturers, wholesalers, retailers, and exporters dealing in Meta Phenoxy Benzyl Alcohol (Mpba) are required to mention HSN 29094930 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

Starting a business involving Meta Phenoxy Benzyl Alcohol (Mpba)? GST registration is mandatory for collecting and remitting taxes on HSN 29094930 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

Proper use of HSN Code 29094930 for Meta Phenoxy Benzyl Alcohol (Mpba) streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 29094930 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 29094930 for accurate classification of Meta Phenoxy Benzyl Alcohol (Mpba).

Can I claim input tax credit on Meta Phenoxy Benzyl Alcohol (Mpba) purchases?

Yes, registered businesses can claim input tax credit on Meta Phenoxy Benzyl Alcohol (Mpba) purchases made under HSN 29094930. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.

What is the difference between CGST and IGST for HSN 29094930?

CGST at 9.00% plus SGST/UTGST at 9.00% applies when Meta Phenoxy Benzyl Alcohol (Mpba) is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Meta Phenoxy Benzyl Alcohol (Mpba) domestically?

No, Import Export Code is only required if you plan to import or export Meta Phenoxy Benzyl Alcohol (Mpba) internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.

More HSN codes from Chapter 29

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