Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29262000 specifically identifies Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide). Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 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 29262000
The tax structure for Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) under HSN Code 29262000 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 29262000?
Every entity transacting in Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) must quote HSN Code 29262000 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 Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide)? GST registration is your first compliance requirement for HSN 29262000 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
Accurate HSN Code 29262000 usage for Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 29 – Elements Or Of Isotopes to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 29262000 is used to classify Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide), CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.
Yes, GST registration is mandatory for businesses dealing in Nitrile-Function Compounds 1-Cyanoguanidine (Dicyandiamide) under HSN 29262000. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Elements Or Of Isotopes, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.