Within Chapter 29 – Elements Or Of Isotopes, HSN Code 29419014 serves as the official classification for Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint). This code determines tax rates and compliance obligations for all entities trading in Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint). 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 29419014
Tax liability for Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) under HSN 29419014 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 29419014?
Every entity transacting in Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) must quote HSN Code 29419014 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 - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint)? Complete GST registration to legally collect taxes on goods under HSN 29419014. 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 29419014 accurately for Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) 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)
What is the unit of measurement for HSN 29419014?
The standard unit of measurement for Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) under HSN Code 29419014 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 29419014 mandatory for small businesses?
Yes, businesses dealing in Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) must use HSN 29419014 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint)?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 29419014 for Elements Or Of Isotopes goods before invoicing.
Do I need AD Code registration for exporting Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint)?
Yes, AD Code registration is required for exporters dealing in Antibiotics - Other : Rifampicin And Its Salts : 1-Amino-4-Methyl Piperazine (Rifaint) under Elements Or Of Isotopes. This registration links your bank account to process foreign currency payments from overseas buyers.
