Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29095040 specifically identifies 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone). 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 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 29095040

Goods classified as 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) under HSN 29095040 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 29095040?

Traders, manufacturers, and importers of 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) are required to mention HSN Code 29095040 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 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) market requires essential registrations. GST registration enables legal tax collection on HSN 29095040 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

Accurate application of HSN Code 29095040 for 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 29 – Elements Or Of Isotopes should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 29095040 used for?

HSN Code 29095040 is used to classify 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 29095040?

For 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone), CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.

Do I need GST registration to trade in 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone)?

Yes, GST registration is mandatory for businesses dealing in 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone) under HSN 29095040. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing 4-Methoxy Phenol (Mono Methyl Ether Of Hydroquinone)?

For importing goods under Elements Or Of Isotopes, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 29

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