284420
URANIUM ENRICHED IN U235 AND ITS COMPOUNDS, PLUTONIUM AND ITS COMPOUNDS, ALLOYS, DISPERSIONS (INCLUDING CERMETS), CERAMIC PRODUCTS AND MIXTURES CONTAINING URANIUM ENRICHED IN U235, PLUTONIUM OR COMPOUNDS OF THESE PRODUCTS
Tax Calculator for 284420
E-Way Bill Rules
For uranium enriched in u235 and its compounds, plutonium and its compounds, alloys, dispersions (including cermets), ceramic products and mixtures containing uranium enriched in u235, plutonium or compounds of these products, the E-Way Bill threshold is ₹50,000. Since the rate is 18%, you must generate a bill if the Taxable Value exceeds ₹42,372.
Example Calculation
- Base Value: ₹42,372
- + GST (18%): ₹7,626.96
- Total Invoice: ~₹50,000
Invoice Example
Breakdown for a sample invoice value of ₹1,000:
Can I claim ITC?
Yes, if used for business. This reduces your final cash liability.
Input Tax Credit (ITC) Logic
Compliance & Validation
HSN 284420 falls under Chapter 28. It is mandatory to mention this code on invoices if your annual turnover exceeds ₹5 Crore. For turnover below ₹5 Crore, mentioning the 4-digit code (2844) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of uranium enriched in u235 and its compounds, plutonium and its compounds, alloys, dispersions (including cermets), ceramic products and mixtures containing uranium enriched in u235, plutonium or compounds of these products. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 284420?
The GST rate for HSN Code 284420 (URANIUM ENRICHED IN U235 AND ITS COMPOUNDS, PLUTONIUM AND ITS COMPOUNDS, ALLOYS, DISPERSIONS (INCLUDING CERMETS), CERAMIC PRODUCTS AND MIXTURES CONTAINING URANIUM ENRICHED IN U235, PLUTONIUM OR COMPOUNDS OF THESE PRODUCTS) is 18%.
Q: Is HSN 284420 eligible for Input Tax Credit (ITC)?
ITC availability is classified as 'eligible'. Generally, businesses can claim ITC unless used for personal consumption or blocked under Section 17(5).
Q: How to calculate GST amount for URANIUM ENRICHED IN U235 AND ITS COMPOUNDS, PLUTONIUM AND ITS COMPOUNDS, ALLOYS, DISPERSIONS (INCLUDING CERMETS), CERAMIC PRODUCTS AND MIXTURES CONTAINING URANIUM ENRICHED IN U235, PLUTONIUM OR COMPOUNDS OF THESE PRODUCTS?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.