670300
HUMAN HAIR, DRESSED, THINNED, BLEACHED OR OTHERWISE WORKED, WOOL OR OTHER ANIMAL HAIR OR OTHER TEXTILE MATERIALS, PREPARED FOR USE IN MAKING WIGS OR THE LIKE :
Tax Calculator for 670300
E-Way Bill Rules
For human hair, dressed, thinned, bleached or otherwise worked, wool or other animal hair or other textile materials, prepared for use in making wigs or the like :, the E-Way Bill threshold is ₹50,000. Since the rate is 0%, you must generate a bill if the Taxable Value exceeds ₹50,000.
Example Calculation
- Base Value: ₹50,000
- + GST (0%): ₹0
- 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 670300 falls under Chapter 67. 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 (6703) is sufficient for B2B invoices.
Ensure that you charge 0% CGST and 0% SGST for intra-state supplies of human hair, dressed, thinned, bleached or otherwise worked, wool or other animal hair or other textile materials, prepared for use in making wigs or the like :. For inter-state supplies, the full 0% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 670300?
The GST rate for HSN Code 670300 (HUMAN HAIR, DRESSED, THINNED, BLEACHED OR OTHERWISE WORKED, WOOL OR OTHER ANIMAL HAIR OR OTHER TEXTILE MATERIALS, PREPARED FOR USE IN MAKING WIGS OR THE LIKE :) is 0%.
Q: Is HSN 670300 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 HUMAN HAIR, DRESSED, THINNED, BLEACHED OR OTHERWISE WORKED, WOOL OR OTHER ANIMAL HAIR OR OTHER TEXTILE MATERIALS, PREPARED FOR USE IN MAKING WIGS OR THE LIKE :?
Multiply the taxable value by 0. For ₹1000 value, GST is ₹0.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.