Chapter 29 of the GST framework covers Elements Or Of Isotopes, and HSN Code 29321300 specifically identifies Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol. 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 29321300
Goods classified as Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol under HSN 29321300 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect kg. as the measurement standard for Chapter 29 – Elements Or Of Isotopes products.
Who Should Use HSN Code 29321300?
Traders, manufacturers, and importers of Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol are required to mention HSN Code 29321300 on all GST documents. This Elements Or Of Isotopes classification under Chapter 29 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol? Secure GST registration to handle taxes on HSN 29321300 classified goods. Businesses with international operations in Elements Or Of Isotopes need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 29321300 for Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol 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)
HSN Code 29321300 is used to classify Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol 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 Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol, 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 Heterocyclic Compounds With Oxygen Hetero-Atom (S) Only - Compounds Containing An Unfused Furan Ring (Whether Or Not Hydrogenated) In The Structure : Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol under HSN 29321300. 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.