Fazeel Zaidi
Chartered Accountant
Fazeel Zaidi
Chartered Accountant
I’m Fazeel Zaidi, a Chartered Accountant based in Prayagraj with 8 years of experience. I specialize in GST and Audits, helping businesses stay compliant and audit-ready. With a B.Com background, I focus on practical, clear guidance that simplifies regulations and supports better decision-making.
Latest Articles By Fazeel Zaidi
Watch HSN Codes 9101 and 9102: GST Rates in India with Classification Examples
Wrist watches, smart watches and wall clocks are popular time keeping devices for personal and home use. For GST, each of these items has to be mapped to the correct HSN code so that invoices, import documents and returns carry…
Valve HSN Code 8481 and GST Rates in India: Complete Classification Guide
Valves are key components in plumbing, industrial piping, oil and gas, water supply, and many process industries. Common types include ball valves, gate valves, and check valves. Under GST, all these valves must be classified under the correct HSN so…
Turmeric Powder HSN Code 0910: GST Rates in India with Classification Examples
Turmeric powder is an important Indian spice and is also used in traditional remedies. In GST it is treated as a spice and classified with other single spices. Using the correct turmeric HSN code helps spice traders and food businesses…
Transformer HSN Code 8504 and GST Rates in India: Complete Classification Guide
Transformers are key electrical machines used for voltage conversion, power distribution and protection of equipment. Under GST, they are classified using specific HSN codes under the electrical machinery chapter. Correct transformer HSN code selection is important for manufacturers, traders and…
TMT Bar HSN Code 7214 and GST Rates in India: Complete Classification Guide
TMT bars are one of the most important materials in building projects. They give strength to concrete in homes, bridges, factories and many other structures. To use the TMT bar HSN code correctly and charge GST without errors, traders, stockists…
Thinner HSN Code 3814 and GST Rates in India: Complete Classification Guide
Thinners are used widely in paint and industrial applications for dilution, cleaning and surface preparation. Understanding the correct thinner HSN code and GST rate helps traders, paint dealers and industrial users raise accurate invoices and avoid disputes in tax audits.
Sweets HSN Codes 1701, 1704 and 1905: GST Rates and Product Classification Guide
Sweets and mithai are an important part of daily life in India. They are sold by small sweet shops , large chains, bakeries and modern retail stores in many different forms. To use the sweets HSN code correctly and charge…
Sugar HSN Code 1701 and GST Rates in India: Complete Classification Guide
Sugar is one of the most common food items in every home, shop and factory canteen. It is used in tea, sweets, bakery products and many packaged foods. To use the sugar HSN code correctly and charge GST without mistakes,…
Stabilizer HSN Codes 8504 and 9032: GST Rates and Classification Guide for India
Voltage stabilizers are common in homes, shops and industries where they protect electrical appliances from voltage fluctuation. Knowing the correct stabilizer HSN code and GST rate helps traders, distributors and service providers raise accurate invoices and avoid dispute during audit.
SSD HSN Codes 8471 and 8523 and GST Rates in India: Complete Classification Guide
Solid State Drives (SSDs) are now the standard storage option for laptops, desktops and servers. They are faster, more reliable and more compact than traditional hard disk drives (HDDs). For GST billing and compliance, it is important to use the…
Pumps HSN Code 8413 and GST Rates in India: Complete Classification Guide
Pumps are used in homes, farms, factories and commercial buildings for lifting water, moving liquids and handling many types of fluids. Because pumps are high value assets, even a small mistake in HSN or GST rate can lead to disputes…
Nut Bolt HSN Code 7318 and GST Rates in India: Complete Classification Guide
Nuts and bolts are basic fasteners used in almost every industry. They hold machines, structures, furniture and many other products together. To use the nut bolt HSN code correctly and charge GST without mistakes, traders, hardware dealers and manufacturers need…
Nails HSN Code 7317 and GST Rates in India: Complete Classification Guide
Nails are small but important fastening items used in construction , carpentry, furniture making and hardware trade . They are usually made from iron or steel and supplied in many sizes and finishes. Using the correct nails HSN code helps…
Mustard Oil HSN Code 1514 and GST Rates in India: Complete Classification Guide
Mustard oil is widely used in Indian kitchens as a cooking medium and in industry for non-food applications. Because the same oil can be sold in refined, cold pressed or blended forms, the correct HSN code and GST treatment are…
Medicine HSN Codes 2936, 2937 and 2938: GST Rates and Product Classification Guide
Medicines are an essential part of health care. They include allopathic tablets and syrups, ayurvedic formulations, homeopathic medicines and many other preparations used to treat or prevent disease. To charge GST correctly and keep compliance smooth, businesses must understand how…
Measuring Tape HSN Code 9017 and GST Rates in India: Complete Classification Guide
Measuring tapes are essential tools in construction, interior design, tailoring, engineering and many other trades. Under GST, they are treated as measuring instruments and classified based on the material and design. Using the correct measuring tape HSN code keeps your…
MCB HSN Code 8536 and GST Rates in India: Complete Classification Guide
MCB is a common safety device used in homes, shops, offices and factories. It protects electrical circuits from overload and short circuit faults. To use the MCB HSN code correctly and charge GST without mistakes, electrical traders and manufacturers need…
Mattress HSN Code 9404 and GST Rates in India: Complete Classification Guide
Mattresses are supplied by furniture dealers , foam manufacturers and branded sleep product companies to homes, hotels and hostels. Understanding the mattress HSN code and the GST rate on foam and spring mattresses helps you raise accurate invoices and avoid…
Lock HSN Code 8301 and GST Rates in India: Complete Classification Guide
Locks are used for securing doors, gates, cabinets, vehicles and many other items. In the GST system they are generally treated as hardware products made of base metal or stainless steel. Most common locks such as padlocks, door locks and…
Ladies Suit HSN Codes 6102, 6104 and 6202: GST Rates and Product Classification Guide
Ladies suits are popular garments used as ethnic wear, office wear and formal clothing. Under GST, they are classified with HSN codes under the garments chapter. Correct ladies suit HSN code selection keeps your GST rate proper and supports smooth…
Jeans HSN Codes 6203 and 6204: GST Rates in India with Classification Examples
Jeans are one of the most common garments sold by clothing stores, wholesalers and brands. They are usually made from denim fabric and come in many fits like regular, slim and skinny. Knowing the correct jeans HSN code helps in…
HDPE Pipe HSN Code 3917 and GST Rates in India: Complete Classification Guide
HDPE pipes are widely used for water supply, plumbing, drainage, and irrigation. Under GST, they are treated as plastic pipes, so the correct HDPE pipe HSN code is needed.
Hard Disk HSN Code 8471 and GST Rates in India: Complete Classification Guide
Hard disks and solid state drives are common computer parts used in desktops, laptops and servers. Many users also buy external hard disks and portable solid state drives for backup and data transfer. To use the hard disk HSN code…
Hair Oil HSN Code 3305 and GST Rates in India: Complete Classification Guide
Hair oil is used for hair nourishment, scalp massage and styling. Under GST it is treated as a hair preparation, similar to other cosmetic products for hair. Correct hair oil HSN code helps cosmetic traders and salons apply GST in…
Grocery HSN Codes 0206, 0207 and 0208: GST Rates and Product Classification Guide
Grocery covers a wide range of daily use products such as cereals, pulses, edible oil, spices, packaged foods and more. Under GST, all these items do not share a single HSN code or single GST rate. Each grocery item has…
Grease HSN Codes 2710 and 3403: GST Rates in India with Classification Examples
Grease is a vital lubricant used in automotive, industrial and engineering applications. It reduces friction, protects metal surfaces and ensures smooth running of machines. Under GST, lubricating grease is classified using HSN codes in the mineral oils and lubricants chapter.…
Gasket HSN Codes 4016 and 8484: GST Rates in India with Classification Examples
Gaskets are used to seal joints between two surfaces, usually to prevent leakage of fluids or gases. They are important in engines, pipelines, pumps, compressors, and many industrial machines. Under GST, gaskets must be classified correctly under HSN codes so…
Fire Extinguisher HSN Code 8424: GST Rates in India with Classification Examples
Fire extinguishers are essential safety equipment for homes, offices, shops, factories and warehouses. Builders and business owners are required to keep fire extinguishers at many workplaces to meet safety norms. To use the fire extinguisher HSN code correctly and apply…
Dustbin HSN Codes 3924, 7323 and 7615: GST Rates and Product Classification Guide
Dustbins are used in homes, offices, factories and public places for waste collection. They are made from different materials such as plastic, stainless steel and metal. For proper GST billing, traders must choose the correct HSN code depending on the…
Drill Machine HSN Codes 8207, 8459 and 8466: GST Rates and Product Classification Guide
Drill machines are common power tools in homes, workshops, and industry. Under GST, drill machines are classified as hand held power tools and need the correct HSN code on invoices.
Dress HSN Codes 6104 and 6204: GST Rates in India with Classification Examples
Dresses are a popular category in the fashion and apparel industry, covering western party wear, casual day dresses, formal office dresses and many more styles. Under GST, dresses are classified based on the fabric, method of making and whether they…
Chocolate HSN Code 1806 and GST Rates in India: Complete Classification Guide
Chocolate products are popular in retail shops, bakeries and gifting businesses. To charge GST correctly on chocolate bars, dark chocolate and gift packs, you must use the correct chocolate HSN code. This guide explains how different chocolate products are classified…
Cello Tape HSN Codes 3919 and 4811: GST Rates and Classification Guide for India
Cello tape is a very common item in homes, offices, and warehouses. It is used for packing, sealing cartons, stationery work, and many general purposes. Under GST, cello tape is treated as an adhesive tape product, usually made of plastic…
Cashew HSN Code 0801 and GST Rates in India: Complete Classification Guide
Cashew is a high value dry fruit used both as a raw agricultural commodity and as a ready to eat snack. For GST, it is important to classify cashew correctly because the HSN code and GST rate can change once…
Carpet HSN Codes 5701, 5702 and 5703: GST Rates and Product Classification Guide
Carpets are used as floor coverings in homes, hotels, offices and many other places. Under GST, carpets and floor coverings fall under specific HSN codes in chapter 57. The correct code depends on whether the carpet is handmade or machine…
Capacitor HSN Code 8532 and GST Rates in India: Complete Classification Guide
Capacitors are essential parts in electrical and electronic circuits. Traders, electricians and manufacturers deal in many types such as ceramic capacitors , electrolytic capacitors and film capacitors. To charge GST correctly, you must understand the capacitor HSN code, see how…
Cable Tray HSN Codes 3926, 7308 and 7326: GST Rates and Product Classification Guide
Cable trays are used to support and route cables in offices, factories and commercial buildings. Under GST, cable trays are normally treated as electrical fitting or support structures and are taxed based on their material and use. Knowing the correct…
Cable HSN Code 8544 and GST Rates in India: Complete Classification Guide
Cables are used in homes, offices, factories and data centres for electrical power and signal transmission. Traders, contractors and manufacturers need to use the correct cable HSN code so that GST on power cables, HDMI cables and cable ties is…
Blanket HSN Code 6301 and GST Rates in India: Complete Classification Guide
Blankets are used in homes, hotels and hospitals to provide warmth and comfort. Under GST they are classified in the heading that covers blankets and travelling rugs. Correct blanket HSN code helps manufacturers and traders charge the right GST rate.
Advertising SAC Codes 4910, 4911 and 8310: GST Rates and Product Classification Guide
Businesses spend a lot on ads across print, TV, outdoor, and digital. Under GST, most of these are treated as services and must be reported using the correct HSN or Service Accounting Code. Using the correct advertising HSN code helps…
Furniture HSN Codes 9401 and 9403: GST Rates and Classification Guide for India
Furniture is used in homes, offices, shops and factories for sitting, working, storage and display. It can be made from wood, metal, plastic or a mix of materials. For every carpenter, dealer and manufacturer, using the correct furniture HSN code…
Food HSN Codes 0201, 0301 and 0401: GST Rates and Classification Guide for India
Food products under GST are classified into many different HSN codes depending on ingredients, processing level, packaging and intended use. There is no single HSN code for all food items. However, common processed and packaged foods like ready to eat…
GSTR-1/3B Matching for Marketplace Sellers: Reconciliation Checklist
Marketplace sellers in India face unique challenges reconciling their outward supplies, marketplace sales, and returns. Proper matching between GSTR‑1 and GSTR‑3B ensures accurate GST compliance and reduces the risk of notices. This checklist walks you through what to track, where…
Shiprocket / Delhivery Shipping Reconciliation: Match Invoices & Catch Overcharges
Every e-commerce seller in India uses shipping partners like Shiprocket or Delhivery to deliver orders. But with hundreds of invoices and thousands of shipments each month, even small billing errors can turn into major losses. This guide explains how to…
Capital Gains Tax: Understanding Short-Term and Long-Term Gains
Capital gains tax applies to profits made when you sell a capital asset such as property, stocks, or mutual funds at a higher price than you bought it for. These gains are classified as short-term or long-term depending on how…
How to Make Precise Financial Projections
Every business, whether a startup or an established enterprise, needs to look beyond its current performance and plan for the future. This is where financial projections come in. They help predict revenue, expenses, and overall financial health, guiding leaders in…
How to Perform a Company’s Capital Structure
Understanding a company’s capital structure is crucial for evaluating its financial health and long-term stability. It represents the mix of debt, equity, and other financing instruments used to fund operations and growth. Let’s explore what capital structure means, how it…
Key Financial Ratios: Liquidity, Profitability, Efficiency, Leverage, and Dividend Yield Explained
Financial ratios are powerful tools used by analysts, investors, and business owners to assess a company’s financial health and operational performance. By studying ratios like liquidity, profitability, efficiency, leverage, and dividend yield, businesses can understand their strengths, weaknesses, and future…
Predictive Analytics for Financial Insights: Meaning, Models & Benefits
In the era of digital finance, predictive analytics has transformed how businesses make financial decisions. It empowers organizations to anticipate market trends, forecast revenue, and manage risks with greater accuracy. By analyzing historical financial data, predictive analytics tools generate actionable…
Recurring Revenue Metrics: Understanding Monthly (MRR) and Annual (ARR) Revenue
In today’s subscription-driven business world, knowing your recurring revenue metrics is essential for tracking growth and financial stability. Two of the most important indicators are Monthly Recurring Revenue (MRR) and Annual Recurring Revenue (ARR). These metrics help businesses understand predictable…
What is the ITR-6 Form?
Every company operating in India must file its income tax return each year, and ITR-6 is the specific form prescribed for most corporate taxpayers. It captures the company’s financials, taxes, deductions, and compliance details. Understanding its structure and filing process…
Benefits of Using Accounting Software
Running a business means handling many finance-related tasks every day. You need to issue invoices, track payments, record expenses, manage purchases, review bank entries, and stay prepared for taxes. When this work is done manually, it takes longer and mistakes…
Common Accounting Mistakes Fixed by Software
Accounting mistakes are very common in day-to-day business, especially when transaction volume is high and time is limited. Even a small slip in entries, taxes, or payments can create confusion later and waste hours on corrections. These errors usually come…
How to Set Up Accounting Software for the First Time
Setting up accounting software for the first time can feel confusing, especially if you are shifting from manual registers or spreadsheets. But a clean accounting software setup is worth the effort because it decides how accurate your reports, GST records,…
GST Reconciliation: Challenges and Best Practices for Businesses
GST reconciliation is one of the most important monthly controls for any business that files GST returns and claims Input Tax Credit (ITC). In simple words, it is the process of matching your books and invoices with GST returns data…
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