90214010
FREQUENCY MODULATED HEARING AID SYSTEM USED FOR HEARING BY HANDICAPPED PERSONS IN GROUP SITUATION
Tax Calculator for 90214010
E-Way Bill Rules
For frequency modulated hearing aid system used for hearing by handicapped persons in group situation, 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 90214010 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 (9021) is sufficient for B2B invoices.
Ensure that you charge 0% CGST and 0% SGST for intra-state supplies of frequency modulated hearing aid system used for hearing by handicapped persons in group situation. For inter-state supplies, the full 0% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 90214010?
The GST rate for HSN Code 90214010 (FREQUENCY MODULATED HEARING AID SYSTEM USED FOR HEARING BY HANDICAPPED PERSONS IN GROUP SITUATION) is 0%.
Q: Is HSN 90214010 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 FREQUENCY MODULATED HEARING AID SYSTEM USED FOR HEARING BY HANDICAPPED PERSONS IN GROUP SITUATION?
Multiply the taxable value by 0. For ₹1000 value, GST is ₹0.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.