HSN Code 29306000 provides the tax classification for 2-(N, N-Diethylamino)Ethanethiol under Chapter 29 – Elements Or Of Isotopes of the GST tariff. Businesses dealing in 2-(N, N-Diethylamino)Ethanethiol must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. 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 29306000

For 2-(N, N-Diethylamino)Ethanethiol classified under HSN Code 29306000, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.

Who Should Use HSN Code 29306000?

All businesses supplying 2-(N, N-Diethylamino)Ethanethiol are obligated to use HSN 29306000 on tax invoices. From producers to retailers within Elements Or Of Isotopes, Chapter 29 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Looking to deal in 2-(N, N-Diethylamino)Ethanethiol? GST registration is your first compliance requirement for HSN 29306000 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 29306000 usage for 2-(N, N-Diethylamino)Ethanethiol 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)

How many digits of HSN Code 29306000 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 29306000 for accurate classification of 2-(N, N-Diethylamino)Ethanethiol.

Can I claim input tax credit on 2-(N, N-Diethylamino)Ethanethiol purchases?

Yes, registered businesses can claim input tax credit on 2-(N, N-Diethylamino)Ethanethiol purchases made under HSN 29306000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 29306000?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when 2-(N, N-Diethylamino)Ethanethiol is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading 2-(N, N-Diethylamino)Ethanethiol domestically?

No, Import Export Code is only required if you plan to import or export 2-(N, N-Diethylamino)Ethanethiol internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.

More HSN codes from Chapter 29

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