35069910
SYNTHETIC GLUE WITH PHENOL UREA OR CRESOL (WITH FORMALDEHYDE) AS THE MAIN COMPONENT
Tax Calculator for 35069910
E-Way Bill Rules
For synthetic glue with phenol urea or cresol (with formaldehyde) as the main component, 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 35069910 falls under Chapter 35. 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 (3506) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of synthetic glue with phenol urea or cresol (with formaldehyde) as the main component. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 35069910?
The GST rate for HSN Code 35069910 (SYNTHETIC GLUE WITH PHENOL UREA OR CRESOL (WITH FORMALDEHYDE) AS THE MAIN COMPONENT) is 18%.
Q: Is HSN 35069910 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 SYNTHETIC GLUE WITH PHENOL UREA OR CRESOL (WITH FORMALDEHYDE) AS THE MAIN COMPONENT?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.