HSN Code 29051100
Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - saturated monohydric alcohols : methanol (methyl alcohol)
Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives - saturated monohydric alcohols : methanol (methyl alcohol)
When does this rate apply?
Use this HSN Code on tax invoices when supplying Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated deri. GST is charged at 5% (IGST for inter-state, or CGST 2.5% + SGST 2.5% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.