Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29309040 specifically identifies Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid. 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 29309040
Goods classified as Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid under HSN 29309040 are taxed based on transaction type. Local sales attract CGST at 9.00% plus SGST/UTGST at 9.00%. For supplies crossing state boundaries, IGST at 18.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29309040?
Every entity transacting in Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid must quote HSN Code 29309040 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
Starting a business involving Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid? GST registration is mandatory for collecting and remitting taxes on HSN 29309040 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
Correct HSN Code 29309040 application for Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid 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)
What is HSN Code 29309040 used for?
HSN Code 29309040 is used to classify Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid under Chapter 29 – Elements Or Of Isotopes for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 29309040?
For Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid?
Yes, GST registration is mandatory for businesses dealing in Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid under HSN 29309040. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Organo-Sulphur Compounds - Other : L-Cystine (Alpha-Amino Beta-Thiopropionic Acid)- Sulphur Containing Amino Acid?
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.
