Advocate Shruti Goyal

GST and customs duty are two integral components of India’s tax system that impact businesses engaged in international trade. Understanding how these taxes interact and calculating them accurately is crucial for compliance and cost management. Customs Duty on Imports When goods are imported into India, they are subject to customs duty. This duty is levied by

HSN Code 6303 refers to “Curtains, incl. drapes, and interior blinds; curtain or bed valances of all types of textile materials (excluding awnings and sunblinds).” This classification code is essential for identifying textile products related to window and bed coverings for import/export purposes based on their nature, composition, and intended use. Common products under HSN Code 6303

Goods and Service Tax on services follows a structured 4-tier rate system, with tax rates set at 5%, 12%, 18%, and 28%. Each tier offers distinct advantages and disadvantages for consumers, impacting the overall cost of services. While most GST on services fall under these GST slabs, essential sectors such as healthcare and education are exempt

Construction is an intricate process that encompasses planning, design, and financing and continues until the structure is ready for occupancy. Large-scale construction, in particular, involves extensive multitasking and coordination among various teams and activities. Navigating the complexities of Goods and Services Tax (GST) poses a significant challenge for developers, contractors, and property owners alike. Since

GST rate for goods and services is fixed by the GST Council. From time to time, the GST Council changes GST rates based on the recommendations from the members of the Council. With GST tax collection exceeding the projections, the Government is actively considering reductions in GST rates. What is the GST on Laptops? The

Goods and Services Tax (GST), biggest tax reform since Independence has been finally implemented across the country from 1st July. On one hand, Government has exempted education sector till higher secondary in the new regime while on another hand coaching classes, certification courses, training programs have been placed in the slab rate of 18 percent. 

The GST Council fixed the GST on Textiles and Textile Products, Apparel, and Clothing after the implementation of GST. The Council fixed the GST rates at 0%, 5%, 12%, 18% and 28% in India for both goods and services.  On 3rd June 2017, the GST rate for textile products including apparel, clothing, cotton products, and

The Goods and Services Tax (GST) is a consumption-based tax that has been applied to a wide range of goods and services, including entertainment services such as movie ticket bookings. This tax has replaced the previous entertainment tax, simplifying the overall tax structure in the country. Under the GST regime, movie tickets are subject to

GST (Goods and Services Tax) is a single tax levied on the supply of goods and services in India. While the contributions or payouts in chit funds are not directly taxed under GST, there are parts of the service that are. The key area where GST comes into play is the commission or service fees