30049032
SODIUM BICARBONATE, MAGNESIUM HYDROXIDE (MILK OF MAGNESIA), MAGNESIUM CARBONATE, MAGNESIUM TRISILICATE, ALUMINIUM HYDROXIDE GEL, MAGALDARATE AND COMBINATIONS THEREOF
Tax Calculator for 30049032
E-Way Bill Rules
For sodium bicarbonate, magnesium hydroxide (milk of magnesia), magnesium carbonate, magnesium trisilicate, aluminium hydroxide gel, magaldarate and combinations thereof, the E-Way Bill threshold is ₹50,000. Since the rate is 12%, you must generate a bill if the Taxable Value exceeds ₹44,642.
Example Calculation
- Base Value: ₹44,642
- + GST (12%): ₹5,357.04
- 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 30049032 falls under Chapter 30. 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 (3004) is sufficient for B2B invoices.
Ensure that you charge 6% CGST and 6% SGST for intra-state supplies of sodium bicarbonate, magnesium hydroxide (milk of magnesia), magnesium carbonate, magnesium trisilicate, aluminium hydroxide gel, magaldarate and combinations thereof. For inter-state supplies, the full 12% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 30049032?
The GST rate for HSN Code 30049032 (SODIUM BICARBONATE, MAGNESIUM HYDROXIDE (MILK OF MAGNESIA), MAGNESIUM CARBONATE, MAGNESIUM TRISILICATE, ALUMINIUM HYDROXIDE GEL, MAGALDARATE AND COMBINATIONS THEREOF) is 12%.
Q: Is HSN 30049032 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 SODIUM BICARBONATE, MAGNESIUM HYDROXIDE (MILK OF MAGNESIA), MAGNESIUM CARBONATE, MAGNESIUM TRISILICATE, ALUMINIUM HYDROXIDE GEL, MAGALDARATE AND COMBINATIONS THEREOF?
Multiply the taxable value by 0.12. For ₹1000 value, GST is ₹120.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.