Introduced to promote ease of doing business, frequent amendments and escalating procedural expenses have turned GST into a ...

Recent communications from GSTN and CBIC have shed light on important aspects of HSN (Harmonized System of Nomenclature) code ...

The HSN code framework is the backbone of India's GST system. Accurate HSN code usage is crucial for businesses. It ensures compliance, improves operational efficiency, streamlines administration, and ...

The process of obtaining an HSN code involves a study by agencies like the Central Board of Indirect Taxes and Customs (CBIC) and consulting industry experts. The government then submits a ...

India, a WCO member since 1971, initially adopted the 6-digit HSN system for Customs and Central Excise purposes. To enhance precision, India later extended the classification by adding two additional ...

To ensure accuracy and consistency in GST compliance, GSTN has decided to implement phase III of mandatory HSN code reporting from next month. Experts say that this change will enable GSTN to ...

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the ...

What is an HSN Code? HSN Codes Explained - TFG Guide [Updated 2025] Carter Hoffman is a Research Associate at Trade Finance Global focusing on the impact of macroeconomic trends and emerging ...

CBIC told officers in the order that representations were received seeking clarification about the specifications of motor vehicles which attract GST compensation cess at the rate of 22%.

11), spurring chatter from media commentators and on social media that Trump may have inappropriately held on to the nuclear codes. The anonymous sources cited by the Post did not specify what ...