HSN Code 39029000 provides the tax classification for Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other under Chapter 39 – Plastics And Articles Thereof of the GST tariff. Businesses dealing in Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..

HSN Codes under Chapter 39 – Plastics And Articles Thereof

Below are related HSN codes from Chapter 39 – Plastics And Articles Thereof for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Plastics And Articles Thereof... 39011010 Polymers Of Ethylene, In Primary Forms - Polyethyl... 9.00% 9.00% 18.00%
Plastics And Articles Thereof... 39011020 Low Density Polyethylene (Ldpe) 9.00% 9.00% 18.00%
Plastics And Articles Thereof... 39011090 Polymers Of Ethylene, In Primary Forms - Polyethyl... 0.09 0.09 0.18
Plastics And Articles Thereof... 39012000 Polymers Of Ethylene, In Primary Forms Polyethylen... 0.09 0.09 0.18
Plastics And Articles Thereof... 39013000 Polymers Of Ethylene, In Primary Forms Ethylene - ... 0.09 0.09 0.18
Plastics And Articles Thereof... 39014010 Linear Low Density Polyethylene (Lldpe), In Which ... 9.00% 9.00% 18.00%
Plastics And Articles Thereof... 39014090 Other 0.09 0.09 0.18
Plastics And Articles Thereof... 39019000 Other 9.00% 9.00% 18.00%
Plastics And Articles Thereof... 39019010 Polymers Of Ethylene, In Primary Forms - Other: Li... 9.00% 9.00% 18.00%
Plastics And Articles Thereof... 39019090 Polymers Of Ethylene, In Primary Forms - Other: Ot... 0.09 0.09 0.18

GST Rates for HSN 39029000

The tax structure for Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other under HSN Code 39029000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 39 – Plastics And Articles Thereof.

Who Should Use HSN Code 39029000?

Traders, manufacturers, and importers of Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other are required to mention HSN Code 39029000 on all GST documents. This Plastics And Articles Thereof classification under Chapter 39 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Entering the Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other market requires essential registrations. GST registration enables legal tax collection on HSN 39029000 goods. For cross-border trade in Plastics And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Proper use of HSN Code 39029000 for Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 39 – Plastics And Articles Thereof through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 39029000 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 39029000 for accurate classification of Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other.

Can I claim input tax credit on Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other purchases?

Yes, registered businesses can claim input tax credit on Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other purchases made under HSN 39029000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 39029000?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other domestically?

No, Import Export Code is only required if you plan to import or export Polymers Of Propylene Or Of Other Olefins, In Primary Forms Other internationally. For domestic trade within Plastics And Articles Thereof, GST registration is sufficient.

More HSN codes from Chapter 39

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