HSN Code 29214340 provides the tax classification for Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine under Chapter 29 – Elements Or Of Isotopes of the GST tariff. Businesses dealing in Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized 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 29214340
For Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine classified under HSN Code 29214340, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.
Who Should Use HSN Code 29214340?
Every entity transacting in Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine must quote HSN Code 29214340 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
Looking to deal in Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine? GST registration is your first compliance requirement for HSN 29214340 goods. International traders in Elements Or Of Isotopes products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Correct HSN Code 29214340 application for Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine 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)
How many digits of HSN Code 29214340 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 29214340 for accurate classification of Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine.
Can I claim input tax credit on Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine purchases?
Yes, registered businesses can claim input tax credit on Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine purchases made under HSN 29214340. 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 29214340?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Amine- Function Compounds - Aromatic Monoamines And Their Derivatives; Salts Thereof :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine 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 :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine 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 :-Toluidines And Their Derivatives; Salts Thereof : Meta Toluidine internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
