What products are classified under HSN 2901
It includes Acyclic hydrocarbons
HSN Sub Chapter 2901 represents Acyclic hydrocarbons under GST classification. This code helps businesses identify Acyclic hydrocarbons correctly for billing, taxation, and trade. With HSN Sub Chapter 2901, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Acyclic hydrocarbons.
GST Rate for Acyclic hydrocarbons under HSN Code 2901. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 29 | 2901 | Acyclic hydrocarbons | 18% | 18% |
Following Tariff HSN code falls under Acyclic hydrocarbons:
| Tariff HSN | Description |
|---|---|
| ACYCLIC HYDROCARBONS : Saturated | |
| Unsaturated : Ethylene | |
| Unsaturated : Propene (propylene) | |
| Unsaturated : Butene (butylene) and isomers thereof | |
| Unsaturated : Buta-1,3-diene and isoprene | |
| Unsaturated : Other : Acetylene, whether or not in dissolved condition | |
| Unsaturated : Other : Heptene (Heptylene) | |
| Unsaturated : Other : Dihydromyrcene | |
| Unsaturated : Other : Tetradecene | |
| Unsaturated : Other : Other |
ACYCLIC HYDROCARBONS : Saturated
Unsaturated : Ethylene
Unsaturated : Propene (propylene)
Unsaturated : Butene (butylene) and isomers thereof
Unsaturated : Buta-1,3-diene and isoprene
Unsaturated : Other : Acetylene, whether or not in dissolved condition
Unsaturated : Other : Heptene (Heptylene)
Unsaturated : Other : Dihydromyrcene
Unsaturated : Other : Tetradecene
Unsaturated : Other : Other
It includes Acyclic hydrocarbons
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.