29411050 is the designated HSN classification for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa, categorized under Chapter 29 – Elements Or Of Isotopes in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
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 29411050
Tax liability for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa under HSN 29411050 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 kg..
Who Should Use HSN Code 29411050?
Manufacturers, wholesalers, retailers, and exporters dealing in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa are required to mention HSN 29411050 on all tax documents. This classification under Elements Or Of Isotopes applies to businesses of all sizes operating within Chapter 29. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Commencing trade in Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa? Secure GST registration to handle taxes on HSN 29411050 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
Correct HSN Code 29411050 application for Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa 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)
How many digits of HSN Code 29411050 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 29411050 for accurate classification of Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa.
Can I claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa purchases?
Yes, registered businesses can claim input tax credit on Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa purchases made under HSN 29411050. 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 29411050?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Antibiotics - Penicillins And Their Derivative With A Penicillanic Acid Structure; Salts Thereof : 6-Apa 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 : 6-Apa 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 : 6-Apa internationally. For domestic trade within Elements Or Of Isotopes, GST registration is sufficient.
