What products are classified under HSN 29261000 ?
It includes Acrylonitrile
HSN Code 29261000 represents Acrylonitrile under GST classification. This code helps businesses identify Acrylonitrile correctly for billing, taxation, and trade. With HSN Code 29261000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Acrylonitrile.
HSN Code 29261000 relates to the following description:
Acrylonitrile does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| 1-Cyanoguanidine (dicyandiamide) | |
| Fenproporex (INN) and its salts; methadone (INN) intermediate (4-cyano-2-Dimethy lamino-4, 4- diphenylbutane) | |
| Alpha-phenylacetoacetonitrile | |
| Other |
1-Cyanoguanidine (dicyandiamide)
Fenproporex (INN) and its salts; methadone (INN) intermediate (4-cyano-2-Dimethy lamino-4, 4- diphenylbutane)
Alpha-phenylacetoacetonitrile
Other
It includes Acrylonitrile
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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 Acrylonitrile; Nil for exempt items if applicable).
Under HSN 29261000, Acrylonitrile attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.