Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29214110 specifically identifies Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline. 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 29214110
Goods classified as Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline under HSN 29214110 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 29214110?
Any business engaged in supplying Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline must apply HSN 29214110 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
Starting a business involving Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline? GST registration is mandatory for collecting and remitting taxes on HSN 29214110 goods. Companies planning international trade within Elements Or Of Isotopes must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 29214110 usage for Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 29 – Elements Or Of Isotopes to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 29214110 should I mention on invoices?
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 29214110 for accurate classification of Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline.
Can I claim input tax credit on Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline purchases?
Yes, registered businesses can claim input tax credit on Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline purchases made under HSN 29214110. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 29214110?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline domestically?
No, Import Export Code is only required if you plan to import or export Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Aniline And Its Salts : Aniline internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
