Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29224920 specifically identifies Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine. 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 29224920
The tax structure for Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine under HSN Code 29224920 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 29224920?
Manufacturers, wholesalers, retailers, and exporters dealing in Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine are required to mention HSN 29224920 on all tax documents. This classification under Elements Or Of Isotopes applies to businesses of all sizes operating within Chapter 29. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine? GST registration is mandatory for collecting and remitting taxes on HSN 29224920 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
Proper use of HSN Code 29224920 for Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 29224920 falls under Chapter 29 – Elements Or Of Isotopes in the GST tariff schedule. This chapter covers various goods including Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine.
Yes, IGST at 18.00% is applicable when Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : N-Methyl Taurine must use HSN 29224920 on their invoices. This applies to all online platforms operating under Elements Or Of Isotopes classification.
To import goods under Elements Or Of Isotopes, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.