28443010
URANIUM DEPLETED IN U235 AND THORIUM AND THEIR ALLOYS, UNWROUGHT OR WROUGHT AND COMPOUNDS THEREOF
Tax Calculator for 28443010
E-Way Bill Rules
For uranium depleted in u235 and thorium and their alloys, unwrought or wrought and compounds thereof, 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 28443010 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 depleted in u235 and thorium and their alloys, unwrought or wrought and compounds thereof. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 28443010?
The GST rate for HSN Code 28443010 (URANIUM DEPLETED IN U235 AND THORIUM AND THEIR ALLOYS, UNWROUGHT OR WROUGHT AND COMPOUNDS THEREOF) is 18%.
Q: Is HSN 28443010 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 DEPLETED IN U235 AND THORIUM AND THEIR ALLOYS, UNWROUGHT OR WROUGHT AND COMPOUNDS THEREOF?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.