HSN CODE - 29023000 : TOLUENE

Harmonised System of Nomenclature (HSN Codes) 29023000 are used for the TOLUENE products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 29023000

First two digits (29) represent the chapter number which is Chapter 29 - Organic chemicals

Next two digits (02) represent the heading number which is CYCLIC HYDROCARBONS

Next two digits (30) represent the product code which is Cyclanes, cyclones and cycloterpenes

Last two digits (00) are for final or deeper classification which is TOLUENE

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.