Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29181700 specifically identifies 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid). Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 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 29181700
Goods classified as 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) under HSN 29181700 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect kg. as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29181700?
Any business engaged in supplying 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) must apply HSN 29181700 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 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid)? Secure GST registration to handle taxes on HSN 29181700 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
Proper use of HSN Code 29181700 for 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Official GST rates for 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) under HSN 29181700 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.
Yes, online marketplaces and e-commerce operators selling 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) must mention HSN Code 29181700 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 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) under HSN 29181700.
GST rates for 2, 2-Diphenyl-2-Hydroxyacetic Acid (Benzilic Acid) and other Elements Or Of Isotopes products under Chapter 29 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.