90189023
FORCEPS, FORCEP CLAMPS, CLIPS, NEEDLE HOLDERS, INTRODUCERS, CEPHALOTRIBE BONE HOLDING AND OTHER HOLDING INSTRUMENTS
Tax Calculator for 90189023
E-Way Bill Rules
For forceps, forcep clamps, clips, needle holders, introducers, cephalotribe bone holding and other holding instruments, the E-Way Bill threshold is ₹50,000. Since the rate is 12%, you must generate a bill if the Taxable Value exceeds ₹44,642.
Example Calculation
- Base Value: ₹44,642
- + GST (12%): ₹5,357.04
- 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 90189023 falls under Chapter 90. 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 (9018) is sufficient for B2B invoices.
Ensure that you charge 6% CGST and 6% SGST for intra-state supplies of forceps, forcep clamps, clips, needle holders, introducers, cephalotribe bone holding and other holding instruments. For inter-state supplies, the full 12% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 90189023?
The GST rate for HSN Code 90189023 (FORCEPS, FORCEP CLAMPS, CLIPS, NEEDLE HOLDERS, INTRODUCERS, CEPHALOTRIBE BONE HOLDING AND OTHER HOLDING INSTRUMENTS) is 12%.
Q: Is HSN 90189023 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 FORCEPS, FORCEP CLAMPS, CLIPS, NEEDLE HOLDERS, INTRODUCERS, CEPHALOTRIBE BONE HOLDING AND OTHER HOLDING INSTRUMENTS?
Multiply the taxable value by 0.12. For ₹1000 value, GST is ₹120.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.