What products are classified under HSN 29022000 ?
It includes Benzene
HSN Code 29022000 represents Benzene under GST classification. This code helps businesses identify Benzene correctly for billing, taxation, and trade. With HSN Code 29022000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Benzene.
HSN Code 29022000 relates to the following description:
Benzene does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Cyclanes, cyclenes and cycloterpenes : Cyclohexane | |
| Cyclic hydrocarbons - cyclanes, cyclenes and cycloterpenes : other | |
| Cyclanes, cyclenes and cycloterpenes : Other: Cyclopropyl actetylene | |
| Cyclanes, cyclenes and cycloterpenes : Other: Other | |
| Toluene | |
| Xylenes : o-Xylene | |
| Xylenes : m-Xylene | |
| Xylenes : p-Xylene | |
| Xylenes : Mixed xylene isomers | |
| Styrene | |
| Ethylbenzene | |
| Cumene | |
| Other : Dipentene | |
| Other : Diphenyl methane | |
| Other : Dodecyclic benzenes (excluding mixed alkylarenes) | |
| Other : Napthalene, pure | |
| Other : Isobutyl benzene | |
| Other : N-propyl benzene | |
| Other :Other |
Cyclanes, cyclenes and cycloterpenes : Cyclohexane
Cyclic hydrocarbons - cyclanes, cyclenes and cycloterpenes : other
Cyclanes, cyclenes and cycloterpenes : Other: Cyclopropyl actetylene
Cyclanes, cyclenes and cycloterpenes : Other: Other
Toluene
Xylenes : o-Xylene
Xylenes : m-Xylene
Xylenes : p-Xylene
Xylenes : Mixed xylene isomers
Styrene
Ethylbenzene
Cumene
Other : Dipentene
Other : Diphenyl methane
Other : Dodecyclic benzenes (excluding mixed alkylarenes)
Other : Napthalene, pure
Other : Isobutyl benzene
Other : N-propyl benzene
Other :Other
It includes Benzene
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Benzene; Nil for exempt items if applicable).
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Under HSN 29022000, Benzene attracts Varies when sold in taxable form. Describe the exact form on the invoice.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.