29224990 is the designated HSN classification for Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other, categorized under Chapter 29 – Elements Or Of Isotopes in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.
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 29224990
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 : Other under HSN Code 29224990 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. 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 29224990?
Every entity transacting in Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other must quote HSN Code 29224990 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 Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other? GST registration is your first compliance requirement for HSN 29224990 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
Proper use of HSN Code 29224990 for Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Oxygen-Function Amino-Compounds - Amino-Acids, Other Than Those Containing More Than One Kind Of Oxygen Function, And Their Esters; Salts Thereof : Other : Other under HSN Code 29224990 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses 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 : Other must use HSN 29224990 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 29224990 for Elements Or Of Isotopes goods before invoicing.
Yes, AD Code registration is required for 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 : Other under Elements Or Of Isotopes. This registration links your bank account to process foreign currency payments from overseas buyers.