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 ...

AAR ruled that men’s pyjama sets consisting of a woven cotton shirt and pant fall under HSN 620721. For packs of 2 sets costing less than Rs.1,000 per piece, GST applies at 5% (CGST 2.5% + SGST 2.5%) ...

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 ...

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