Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29199030 serves as the official classification for Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate. This code determines tax rates and compliance obligations for all entities trading in Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in 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 29199030
Goods classified as Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate under HSN 29199030 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 29199030?
Every entity transacting in Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate must quote HSN Code 29199030 on invoices. This includes traders, distributors, and e-commerce sellers operating under Elements Or Of Isotopes. Chapter 29 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate? Secure GST registration to handle taxes on HSN 29199030 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 29199030 application for Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate 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)
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 29199030 for accurate classification of Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate.
Yes, registered businesses can claim input tax credit on Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate purchases made under HSN 29199030. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Phosphoric Esters And Their Salts, Including Lacto Phosphates; Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Other -- Iron Glycerophosphate internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.