Under the GST regime, HSN Code 29199010 classifies Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid. 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 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 29199010
The tax structure for Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid under HSN Code 29199010 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 kg. as the standard measurement for goods under Chapter 29 – Elements Or Of Isotopes.
Who Should Use HSN Code 29199010?
Traders, manufacturers, and importers of Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid are required to mention HSN Code 29199010 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
Planning to trade in Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid? Complete GST registration to legally collect taxes on goods under HSN 29199010. Businesses importing or exporting Elements Or Of Isotopes products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Correct HSN Code 29199010 application for Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid 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 29199010 is used to classify Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Yes, GST registration is mandatory for businesses dealing in Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Glycerophosphoric Acid under HSN 29199010. This enables you to legally collect taxes and claim input credits on purchases.
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.