The codes prescribed in the Customs tariff are used for the GST purposes too as has been specifically mentioned in the GST rate schedule. Rule effective from April 1. Bix with turnover of more than Rs ...

The Goods and Services Tax (GST) system in India has revolutionized the taxation structure, including the taxation of plastic and plastic products. To ensure proper classification and taxation, the ...

Introduction: The National Informatics Centre (NIC) has issued a crucial advisory regarding the E-Way Bill System, specifically addressing the use of Harmonized System of Nomenclature (HSN) codes.

The Harmonized System of Nomenclature (HSN) code plays a crucial role in global trade, taxation, and customs operations. It's a standardised system used for classifying goods, ensuring that products ...