741810
TABLE, KITCHEN OR OTHER HOUSEHOLD ARTICLES AND PARTS THEREOF, POT SCOURERS AND SCOURING OR POLISHING PADS, GLOVES AND THE LIKE:
Tax Calculator for 741810
E-Way Bill Rules
For table, kitchen or other household articles and parts thereof, pot scourers and scouring or polishing pads, gloves and the like:, 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 741810 falls under Chapter 74. 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 (7418) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of table, kitchen or other household articles and parts thereof, pot scourers and scouring or polishing pads, gloves and the like:. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 741810?
The GST rate for HSN Code 741810 (TABLE, KITCHEN OR OTHER HOUSEHOLD ARTICLES AND PARTS THEREOF, POT SCOURERS AND SCOURING OR POLISHING PADS, GLOVES AND THE LIKE:) is 18%.
Q: Is HSN 741810 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 TABLE, KITCHEN OR OTHER HOUSEHOLD ARTICLES AND PARTS THEREOF, POT SCOURERS AND SCOURING OR POLISHING PADS, GLOVES AND THE LIKE:?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.