37069092
MASTER POSITIVES, EXPOSED NEGATIVES, DUPES AND RUSH PRINTS AS ARE NOT CLEARED FOR PUBLIC EXHIBITIONS
Tax Calculator for 37069092
E-Way Bill Rules
For master positives, exposed negatives, dupes and rush prints as are not cleared for public exhibitions, 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 37069092 falls under Chapter 37. 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 (3706) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of master positives, exposed negatives, dupes and rush prints as are not cleared for public exhibitions. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 37069092?
The GST rate for HSN Code 37069092 (MASTER POSITIVES, EXPOSED NEGATIVES, DUPES AND RUSH PRINTS AS ARE NOT CLEARED FOR PUBLIC EXHIBITIONS) is 18%.
Q: Is HSN 37069092 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 MASTER POSITIVES, EXPOSED NEGATIVES, DUPES AND RUSH PRINTS AS ARE NOT CLEARED FOR PUBLIC EXHIBITIONS?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.