HSN/SAC code reporting in GST returns is guided by turnover thresholds and nature of sales. Aggregate turnover includes taxable, exempt, nil-rated, and export supplies, excluding inward supplies under ...
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 ...
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