29399100
VEGETABLE ALKALOIDS, NATURAL OR REPRODUCED BY SYNTHESIS, AND THEIR SALTS, ETHERS, ESTERS AND OTHER DERIVATIVES - OTHER : LEVOMETAMFETAMINE, METAMFETAMINE(INN), METAMFETAMINE RACEMATE; SALTS, ESTERS AND OTHER DERIVATIVES THEREOF
Tax Calculator for 29399100
E-Way Bill Rules
For vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - other : levometamfetamine, metamfetamine(inn), metamfetamine racemate; salts, esters and other derivatives 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 29399100 falls under Chapter 29. 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 (2939) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives - other : levometamfetamine, metamfetamine(inn), metamfetamine racemate; salts, esters and other derivatives thereof. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 29399100?
The GST rate for HSN Code 29399100 (VEGETABLE ALKALOIDS, NATURAL OR REPRODUCED BY SYNTHESIS, AND THEIR SALTS, ETHERS, ESTERS AND OTHER DERIVATIVES - OTHER : LEVOMETAMFETAMINE, METAMFETAMINE(INN), METAMFETAMINE RACEMATE; SALTS, ESTERS AND OTHER DERIVATIVES THEREOF) is 18%.
Q: Is HSN 29399100 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 VEGETABLE ALKALOIDS, NATURAL OR REPRODUCED BY SYNTHESIS, AND THEIR SALTS, ETHERS, ESTERS AND OTHER DERIVATIVES - OTHER : LEVOMETAMFETAMINE, METAMFETAMINE(INN), METAMFETAMINE RACEMATE; SALTS, ESTERS AND OTHER DERIVATIVES 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.