995461
Electrical installation services including Electrical wiring and fitting services, fire alarm installation services, burglar alarm system installation services
Tax Calculator for 995461
E-Way Bill Rules
For electrical installation services including electrical wiring and fitting services, fire alarm installation services, burglar alarm system installation services, 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 995461 falls under Chapter 99. 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 (9954) is sufficient for B2B invoices.
Ensure that you charge 0% CGST and 0% SGST for intra-state supplies of electrical installation services including electrical wiring and fitting services, fire alarm installation services, burglar alarm system installation services. For inter-state supplies, the full 0% IGST applies.
Frequently Asked Questions
Q: What is the GST Rate for HSN Code 995461?
The GST rate for HSN Code 995461 (Electrical installation services including Electrical wiring and fitting services, fire alarm installation services, burglar alarm system installation services) is 0%.
Q: Is HSN 995461 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 Electrical installation services including Electrical wiring and fitting services, fire alarm installation services, burglar alarm system installation services?
Multiply the taxable value by 0. For ₹1000 value, GST is ₹0.
Q: Does Reverse Charge (RCM) apply?
No, standard Forward Charge applies.
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