What products are classified under HSN 2928
It includes Hydrazine derivatives
HSN Sub Chapter 2928 represents Hydrazine derivatives under GST classification. This code helps businesses identify Hydrazine derivatives correctly for billing, taxation, and trade. With HSN Sub Chapter 2928, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Hydrazine derivatives.
GST Rate for Hydrazine derivatives under HSN Code 2928. 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 | 2928 | Organic derivatives of hydrazine or of hydroxylamine | 18% | 18% |
Chapter: 29
Description: Organic derivatives of hydrazine or of hydroxylamine
Following Tariff HSN code falls under Hydrazine derivatives:
| Tariff HSN | Description |
|---|---|
| Organic derivatives of hydrazine or of hydroxylamine :Isoniazid | |
| Organic derivatives of hydrazine or of hydroxylamine :Other |
Organic derivatives of hydrazine or of hydroxylamine :Isoniazid
Organic derivatives of hydrazine or of hydroxylamine :Other
It includes Hydrazine derivatives
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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Hydrazine derivatives are forward charge. Check the current notifications for any special cases before deciding.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.