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The 56th GST Council Meeting implemented a new three-slab tax structure, correcting inverted duties and lowering rates on ...
HSN Code for GST: The code covers a wide range of products, including goods, commodities, and services. GST HSN Code List: HSN or Harmonized System of Nomenclature is an internationally recognized ...
With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose international product nomenclature ...
Classification of food products and their taxation have always thrown up interesting discussions in indirect taxes. Service tax laws had concepts such as indoor and outdoor catering and a wholesome ...
Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services from April 1, the finance ministry ...
From January 1, 2022, onwards, the codes used to classify every internationally traded item will change. The globally standardised Harmonized Commodity Description and Coding System, better known as ...
GST Council’s 56th meeting introduces simplified tax slabs, exemptions on essentials, and reforms to boost affordability, ...
In a meeting with the CBIC chairman on Wednesday, executives from consumer-facing industries including FMCG asked the ...
The GST Council's 56th meeting has notified sweeping changes effective September 22, impacting goods and services from milk ...
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