HSN Code 29411010 provides the tax classification for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) under Chapter 29 – Elements Or Of Isotopes of the GST tariff. Businesses dealing in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is N.a.
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 29411010
Tax liability for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) under HSN 29411010 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 29 – Elements Or Of Isotopes products must use N.a.
Who Should Use HSN Code 29411010?
Every entity transacting in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) must quote HSN Code 29411010 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
Planning to trade in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium)? Complete GST registration to legally collect taxes on goods under HSN 29411010. Businesses importing or exporting Elements Or Of Isotopes products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Using HSN Code 29411010 accurately for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 29411010 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 29411010 for accurate classification of Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium).
Can I claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) purchases?
Yes, registered businesses can claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) purchases made under HSN 29411010. 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 29411010?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) 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 Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) domestically?
No, Import Export Code is only required if you plan to import or export Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Penicillins And Its Salts ( E.G. Procaine Penicillin, Penicillin G-Potassium) internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
