Under the GST regime, HSN Code 29411030 classifies Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts within Chapter 29 – Elements Or Of Isotopes. This code is essential for businesses to correctly calculate and remit taxes on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using 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 29411030
The taxation of Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts under HSN Code 29411030 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use N.a for Elements Or Of Isotopes goods under Chapter 29.
Who Should Use HSN Code 29411030?
Any business engaged in supplying Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts must apply HSN 29411030 on invoices. The Elements Or Of Isotopes category under Chapter 29 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Planning to trade in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts? Complete GST registration to legally collect taxes on goods under HSN 29411030. 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
Proper use of HSN Code 29411030 for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 29 – Elements Or Of Isotopes through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 29411030 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 29411030 for accurate classification of Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts.
Can I claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts purchases?
Yes, registered businesses can claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts purchases made under HSN 29411030. 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 29411030?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : Amoxycilline And Its Salts 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 : Amoxycilline And Its Salts 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 : Amoxycilline And Its Salts internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
