710410
PIEZO-ELECTRIC QUARTZ
Tax Calculator for 710410
E-Way Bill Rules
For piezo-electric quartz, the E-Way Bill threshold is ₹50,000. Since the rate is 1.5%, you must generate a bill if the Taxable Value exceeds ₹49,261.
Example Calculation
- Base Value: ₹49,261
- + GST (1.5%): ₹738.915
- Total Invoice: ~₹50,000
Invoice Example
Breakdown for a sample invoice value of ₹1,000:
Compliance & Validation
HSN 710410 falls under Chapter 71. 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 (7104) is sufficient for B2B invoices.
Ensure that you charge 0.75% CGST and 0.75% SGST for intra-state supplies of piezo-electric quartz. For inter-state supplies, the full 1.5% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 710410?
The GST rate for HSN Code 710410 (PIEZO-ELECTRIC QUARTZ) is 1.5%.
Q: Is HSN 710410 eligible for Input Tax Credit (ITC)?
ITC availability is classified as 'check'. Generally, businesses can claim ITC unless used for personal consumption or blocked under Section 17(5).
Q: How to calculate GST amount for PIEZO-ELECTRIC QUARTZ?
Multiply the taxable value by 0.015. For ₹1000 value, GST is ₹15.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.