Month: December 2016

What does the term supply means under the GST?

What does the term supply means under the GST?

India is going to witness the greatest reform in the indirect tax of unmatched significance in free India -the Goods and Service Tax. In accordance with the worldwide practices, idea of goal based tax collection would introduce under Goods and Service Tax. GST would be the amalgamation of 17 major indirect taxes i.e. Service assess, […]
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HSN Code

What is HSN code under GST?

The full form of HSN code means Harmonized System Nomenclature. This post explains about HSN codes classification into 2 digit HSN code, 4 digit HSN codes, 6 digit HSN codes and 8 digit HSN Code number. HSN code number is widely used in many countries to classify goods for taxation purpose, claiming benefits etc. Harmonized […]
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