48169020
CALCULATING MACHINE PAPER IN ROLLS AND STRIPS NOT EXCEEDING 15 CM IN WIDTH
Tax Calculator for 48169020
E-Way Bill Rules
For calculating machine paper in rolls and strips not exceeding 15 cm in width, 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 48169020 falls under Chapter 48. 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 (4816) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of calculating machine paper in rolls and strips not exceeding 15 cm in width. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 48169020?
The GST rate for HSN Code 48169020 (CALCULATING MACHINE PAPER IN ROLLS AND STRIPS NOT EXCEEDING 15 CM IN WIDTH) is 18%.
Q: Is HSN 48169020 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 CALCULATING MACHINE PAPER IN ROLLS AND STRIPS NOT EXCEEDING 15 CM IN WIDTH?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.