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HSN CODE - 29153940 : METHYL ACETATE
Harmonised System of Nomenclature (HSN Codes) 29153940 are used for the METHYL ACETATE 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 29153940
First two digits (29) represent the chapter number which is Chapter 29 - Organic chemicals
Next two digits (15) represent the heading number which is SATURATED ACYCLIC MONOCARBOXYLIC ACIDS AND THEIR ANHYDRIDES, HALIDES, PEROXIDES AND PEROXYACIDS; THEIR HALOGENATED, SULPHONATED, NITRATED OR NITROSATED DERIVATIVES
Next two digits (39) represent the product code which is Other
Last two digits (40) are for final or deeper classification which is METHYL ACETATE
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.