84834000
GEARS AND GEARING, OTHER THAN TOOTHED WHEELS, CHAIN SPRO CKETS AND OTHER TRANSMISSION ELEMENTS PRESENTED SEPARATELY, BALL OR ROLLER SCREWS, GEAR BOXES AND OTHER SPEED CHANGERS, INCLUDING TORQUE CONVERTERS
Tax Calculator for 84834000
E-Way Bill Rules
For gears and gearing, other than toothed wheels, chain spro ckets and other transmission elements presented separately, ball or roller screws, gear boxes and other speed changers, including torque converters, 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 84834000 falls under Chapter 84. 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 (8483) is sufficient for B2B invoices.
Ensure that you charge 9% CGST and 9% SGST for intra-state supplies of gears and gearing, other than toothed wheels, chain spro ckets and other transmission elements presented separately, ball or roller screws, gear boxes and other speed changers, including torque converters. For inter-state supplies, the full 18% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 84834000?
The GST rate for HSN Code 84834000 (GEARS AND GEARING, OTHER THAN TOOTHED WHEELS, CHAIN SPRO CKETS AND OTHER TRANSMISSION ELEMENTS PRESENTED SEPARATELY, BALL OR ROLLER SCREWS, GEAR BOXES AND OTHER SPEED CHANGERS, INCLUDING TORQUE CONVERTERS) is 18%.
Q: Is HSN 84834000 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 GEARS AND GEARING, OTHER THAN TOOTHED WHEELS, CHAIN SPRO CKETS AND OTHER TRANSMISSION ELEMENTS PRESENTED SEPARATELY, BALL OR ROLLER SCREWS, GEAR BOXES AND OTHER SPEED CHANGERS, INCLUDING TORQUE CONVERTERS?
Multiply the taxable value by 0.18. For ₹1000 value, GST is ₹180.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.