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 ...
The core issue being argued is whether online games, such as rummy and fantasy sports, are "games of skill" or "games of chance" The Central government has begun presenting rejoinders to the arguments ...