Under the GST regime, HSN Code 29147020 classifies Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone. 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 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 29147020
The tax structure for Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone under HSN Code 29147020 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 29 – Elements Or Of Isotopes.
Who Should Use HSN Code 29147020?
Traders, manufacturers, and importers of Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone are required to mention HSN Code 29147020 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
Commencing trade in Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone? Secure GST registration to handle taxes on HSN 29147020 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 29147020 application for Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone 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)
HSN Code 29147020 falls under Chapter 29 – Elements Or Of Isotopes in the GST tariff schedule. This chapter covers various goods including Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone.
Yes, IGST at 18.00% is applicable when Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Ketones And Quinones, Whether Or Not With Other Oxygen Function, And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives : Musk Ketone must use HSN 29147020 on their invoices. This applies to all online platforms operating under Elements Or Of Isotopes classification.
To import goods under Elements Or Of Isotopes, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.