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HSN CODE - 29051100 : SATURATED METHANOL (METHYL ALCOHOL)
HSN CODE | Description | Policy |
---|---|---|
2905 | ACYCLIC ALCOHOLS AND THEIR HALOGENATED, SULPHONATED, NITRATED OR NITROSATED DERIVATIVES | |
290511 | Saturated monohydric alcohols | |
29051100 | SATURATED METHANOL (METHYL ALCOHOL) | Free |
Harmonised System of Nomenclature (HSN Codes) 29051100 are used for the SATURATED METHANOL (METHYL ALCOHOL) 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 29051100
First two digits (29) represent the chapter number which is Chapter 29 - Organic chemicals
Next two digits (05) represent the heading number which is ACYCLIC ALCOHOLS AND THEIR HALOGENATED, SULPHONATED, NITRATED OR NITROSATED DERIVATIVES
Next two digits (11) represent the product code which is Saturated monohydric alcohols
Last two digits (00) are for final or deeper classification which is SATURATED METHANOL (METHYL ALCOHOL)
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.