Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29309060 serves as the official classification for Organo-Sulphur Compounds - Other : Sulphoxide. This code determines tax rates and compliance obligations for all entities trading in Organo-Sulphur Compounds - Other : Sulphoxide. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in 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 29309060
For Organo-Sulphur Compounds - Other : Sulphoxide classified under HSN Code 29309060, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Elements Or Of Isotopes under Chapter 29.
Who Should Use HSN Code 29309060?
Every entity transacting in Organo-Sulphur Compounds - Other : Sulphoxide must quote HSN Code 29309060 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 : Sulphoxide? GST registration is mandatory for collecting and remitting taxes on HSN 29309060 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
Accurate HSN Code 29309060 usage for Organo-Sulphur Compounds - Other : Sulphoxide simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 29 – Elements Or Of Isotopes to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 29309060 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 29309060 for accurate classification of Organo-Sulphur Compounds - Other : Sulphoxide.
Can I claim input tax credit on Organo-Sulphur Compounds - Other : Sulphoxide purchases?
Yes, registered businesses can claim input tax credit on Organo-Sulphur Compounds - Other : Sulphoxide purchases made under HSN 29309060. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 29309060?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Organo-Sulphur Compounds - Other : Sulphoxide is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Organo-Sulphur Compounds - Other : Sulphoxide domestically?
No, Import Export Code is only required if you plan to import or export Organo-Sulphur Compounds - Other : Sulphoxide internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
