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Ayurvedic Products attracts 12% GST under HSN code 3003. Calculate the exact tax below.
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Ayurvedic Products is classified under HSN code 3003 for GST purposes. The Harmonized System of Nomenclature (HSN) code is used to classify goods systematically. This code must be mentioned on GST invoices when billing for ayurvedic products.
Ayurvedic, Unani, and homeopathic medicines attract 12% GST since July 2017 under HSN 3003.
Yes, input tax credit (ITC) is available on ayurvedic products for registered businesses. If you purchase ayurvedic products for business purposes, the GST paid (12%) can be claimed as ITC against your output tax liability, subject to conditions under Section 16 of the CGST Act.
Here are example calculations showing GST on ayurvedic products at 12% for common price points:
| Base Price | GST (12%) | CGST (6%) | SGST (6%) | Total |
|---|---|---|---|---|
| ₹100 | ₹12 | ₹6 | ₹6 | ₹112 |
| ₹500 | ₹60 | ₹30 | ₹30 | ₹560 |
| ₹1,000 | ₹120 | ₹60 | ₹60 | ₹1,120 |
| ₹3,000 | ₹360 | ₹180 | ₹180 | ₹3,360 |
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Ayurvedic Products attracts 12% GST in India under HSN code 3003. For intra-state sales, this is split into 6% CGST and 6% SGST. For inter-state sales, 12% IGST applies.
The HSN code for Ayurvedic Products is 3003. HSN (Harmonized System of Nomenclature) codes are used to classify goods under GST. This code should be mentioned on all GST invoices.
To add 12% GST on ayurvedic products: GST Amount = Base Price × 12/100. Total = Base Price + GST Amount. For example, on ₹500: GST = ₹60, Total = ₹560.
Yes, registered businesses can claim input tax credit on ayurvedic products purchased for business purposes. The 12% GST paid can be offset against your output GST liability, subject to Section 16 conditions of the CGST Act.
Ayurvedic, Unani, and homeopathic medicines attract 12% GST since July 2017 under HSN 3003.