Mohammad Abid Khan
Chartered Accountant
Mohammad Abid Khan
Chartered Accountant
I’m CA Mohammad Abid Khan, a Chartered Accountant based in Varanasi with 10 years of experience. I specialize in GST and Income Tax, helping individuals and businesses stay compliant and optimize their taxes. I hold B.Com and M.Com degrees and enjoy simplifying finance through practical, easy-to-understand content.
Latest Articles By Mohammad Abid Khan
V-Belt HSN Code 4010 and GST Rates in India: Complete Classification Guide
V belts are widely used in motors, pumps and industrial machines for power transmission between pulleys. Dealers, mechanics and manufacturers need to know the correct V belt HSN code and GST rate so that they can issue proper invoices and…
Umbrella HSN Code 6601 and GST Rates in India: Complete Classification Guide
Umbrellas are common consumer products used for rain protection, sun protection and even as a fashion accessory. Under GST, all these types of umbrellas have to be classified under the correct HSN code so that the tax is applied properly.
Tiles HSN Codes 6802, 6810 and 6907: GST Rates, Uses and Classification in India
Tiles are widely used in homes, offices, shops and industrial buildings for floors and walls. Traders and contractors deal in many types of tiles such as ceramic tiles , vitrified tiles and glazed wall tiles. To use the tiles HSN…
Tea HSN Code 0902 and GST Rates in India: Complete Classification Guide
Tea is one of the most widely consumed beverages in India. Traders, grocery stores, cafes and online sellers deal in loose tea, tea powder , green tea and tea bags in many forms. To use the tea HSN code correctly…
T Shirt HSN Codes 6109, 6110 and 6205: GST Rates and Product Classification Guide
T shirts are one of the most common ready made garments sold in India. Every trader, wholesaler and online seller needs to know the correct T shirt HSN code so that GST on these products is charged in the right…
Repairing SAC Codes 9954, 9985 and 9987: GST Rates and Product Classification Guide
Repairing services include maintenance, fixing and restoration of machinery, equipment, vehicles and household items. Under GST, most repairing services are treated as maintenance and repair services, and you must select the correct service accounting code based on what you repair.
Pillow HSN Code 9404 and GST Rates in India: Complete Classification Guide
Pillows are used in homes, hotels, hospitals and many other places to provide comfort and support while sitting or sleeping. They can be bed pillows, decorative cushions, travel pillows or special orthopedic and memory foam pillows. Under GST, pillows are…
Phenyl HSN Codes 3402, 3403 and 3808: GST Rates and Product Classification Guide
Phenyl is a common cleaning liquid used for floors, toilets and large commercial spaces. Both white phenyl and black phenyl are treated as disinfectants or cleaning preparations under GST. For correct taxation every trader and manufacturer has to map phenyl…
Pesticides HSN Code 3808 and GST Rates in India: Complete Classification Guide
Pesticides are essential inputs for farmers and agricultural businesses. They control insects, weeds, fungi and other pests that harm crops. Under GST, pesticides can fall under different HSN codes based on their chemical nature and use, and they usually attract…
Papad HSN Codes 1905 and 2106: GST Rates in India with Classification Examples
Indian papad is a very common food item in homes, restaurants, and snack businesses. It is usually made from pulses like urad, moong, chana, or rice and then dried. Under GST, papad is treated as a food product and is…
Pant HSN Codes 6203 and 6204 and GST Rates in India: Complete Classification Guide
Pants are common ready made garments sold by garment shops, wholesalers and brands across India. They include cotton formal pants, casual trousers, track pants and many styles for men and women. To apply GST correctly, you should understand the pant…
MS Channel HSN Codes 7216, 7228 and 7308: GST Rates and Product Classification Guide
Mild steel (MS) channels are widely used in construction, fabrication, racking systems and structural frames. They form part of the basic steel sections that support roofs, sheds, machinery platforms and many other structures. Under GST, MS channels must be reported…
Mirror HSN Code 7009 and GST Rates in India: Complete Classification Guide
Mirrors are widely used in homes, offices, retail stores and bathrooms. They can be plain wall mirrors, decorative framed pieces, bathroom mirrors with shelves or mirrors integrated in furniture. Under GST, most glass mirrors fall under specific HSN codes depending…
Masking Tape HSN Codes 3919 and 4811: GST Rates and Product Classification Guide
Masking tape is a lightly adhesive tape used in painting, surface protection and general purpose masking work. It can be made from crepe paper, film or other backing material with a special adhesive that allows clean removal. Under GST, masking…
Iron Scrap HSN Code 7204 and GST Rates in India: Complete Classification Guide
Iron scrap is generated in fabrication, engineering, construction and recycling activities. Under GST, iron and steel scrap are grouped under the ferrous waste and scrap headings, and correct HSN code usage is important for scrap dealers, manufacturers and recyclers.
Insulation Tape HSN Codes 3919 and 8544: GST Rates and Product Classification Guide
Insulation tape is mainly used for insulating and protecting electrical connections. Under GST, most PVC insulation tapes are classified as self-adhesive plastic tapes, while specialised high-temperature or fabric-based tapes may fall under other headings depending on their composition.
Envelopes HSN Code 4817 and GST Rates in India: Complete Classification Guide
Envelopes are widely used by offices, schools, banks and businesses for sending letters, bills and documents. Even though they look simple, they need proper HSN classification because they are treated as a separate paper product under GST. In GST, most…
Electrical Panel HSN Codes 8536 and 8537: GST Rates and Product Classification Guide
Electrical distribution and control panels are used to manage power in factories, offices and homes. Under GST, most standard electrical panels such as distribution boards, MCC panels and control panels are classified under HSN code 8537. Correct use of this…
Curtain HSN Code 6303 and GST Rates in India: Complete Classification Guide
Curtains and curtain fabrics are common items in homes, offices and shops. For GST filing, they must be classified under the correct HSN code so that tax calculation, invoicing and returns stay accurate. This guide explains the HSN code, GST…
Cosmetic HSN Codes 3302, 3303 and 3304: GST Rates and Product Classification Guide
Cosmetic and beauty products are used every day by households, salons and retail shops. Under GST it is important to know the correct cosmetic HSN code so that invoices are made correctly and tax is paid at the right rate.…
Copper Wire HSN Codes 7408 and 8544: GST Rates, Uses and Classification in India
Copper wire is a key input in electrical wiring, motors, transformers and many other industrial products. Under GST it is classified based on whether the wire is bare copper or insulated for electrical use. Bare copper wire appears under the…
CAT 6 Cable HSN Code 8544 and GST Rates in India: Complete Classification Guide
Cat 6 cables are high performance network cables used for LAN, internet and data transfer in offices, shops, factories and homes. Under GST, these cables must be reported with the correct HSN code so that invoices, e-way bills and returns…
Brush HSN Code 9603 and GST Rates in India: Complete Classification Guide
Brushes are used in homes, offices and industries for cleaning, polishing, painting and many other jobs. They come in many forms like floor brushes, bottle brushes, wire brushes and industrial machine brushes. For GST, all these types have to be…
Bolt HSN Code 7318 and GST Rates in India: Complete Classification Guide
Bolts are one of the most common fasteners used in construction, machinery, automobiles and metal fabrication. They are used along with nuts and washers to hold two or more parts tightly together. For GST billing, it is very important to…
Binding Wire HSN Codes 7213, 7216 and 7217: GST Rates and Product Classification Guide
Binding wire is widely used in construction sites, fabrication shops and industrial units to tie steel bars, mesh and other materials. It is usually made of mild steel and supplied in coils or rolls. For builders, hardware traders and manufacturers,…
Transportation SAC Codes 9954, 9963 and 9964: GST Rates and Product Classification Guide
Transportation services keep goods and people moving across India. Under GST, these services must be billed using the correct HSN or service accounting code so that tax is calculated and reported in the right way. When you understand the transportation…
GST TCS Section 52 for E commerce: How to Record and Reconcile in BUSY Recom
When you sell through an e commerce platform in India, you need to deal with TCS or Tax Collected at Source under Section 52 of the CGST Act. This blog explains what Section 52 means for sellers on marketplaces, how…
Returns & Refunds Accounting: Automate RTO/RTS Entries & GST Impact
Returns and RTO/RTS (Return to Origin/Return to Seller) are part of every online business, but handling their accounting and GST impact can get complicated. This guide explains how to record returns and refunds properly, automate RTO/RTS entries, and stay compliant…
Anti-Money Laundering (AML) Disclosures in Financial Reports
Money laundering poses one of the most significant risks to global financial systems. To combat this, governments and regulators have introduced strict anti-money laundering (AML) frameworks that require organizations to maintain transparency in their financial reporting. AML disclosures have become…
Corporate Tax: Meaning, Filing Requirements, and Key Benefits for Businesses
Corporate tax is one of the most important aspects of business finance and compliance. Understanding it helps companies not only remain legally sound but also optimize their financial strategy. This guide covers the meaning, filing process, rates, and major benefits…
Dividend Distribution Tax: Rates, Applicability & Impact
Dividend Distribution Tax (DDT) was once a key part of India’s corporate tax system, requiring companies and mutual funds to pay tax on the dividends distributed to investors. Although DDT was abolished in 2020, understanding its history, rates, and subsequent…
Section 115BAB: Low Corporate Tax for New Manufacturing Companies
To encourage domestic manufacturing and attract global investment, the Government of India introduced Section 115BAB , offering one of the lowest corporate tax rates globally. This section provides new manufacturing companies with a concessional tax rate of 15% , making…
What is Alternate Minimum Tax (AMT)?
Alternate Minimum Tax (AMT) is a taxation concept introduced to ensure that taxpayers claiming multiple deductions or exemptions still contribute a minimum amount of tax to the government. It acts as a balancing mechanism for equity and prevents misuse of…
What is Minimum Alternate Tax (MAT)?
Minimum Alternate Tax (MAT) ensures that companies pay a minimum amount of tax, even when their taxable income is reduced by various exemptions or deductions. It prevents zero-tax situations and maintains equity among taxpayers. MAT applies primarily to companies with…
What is the Role of Blockchain in Accounting?
The integration of blockchain technology in accounting is transforming how businesses record, verify, and audit financial transactions. It brings unmatched transparency, accuracy, and trust to financial data management. As industries shift towards digital transformation, blockchain is becoming a game-changer in…
Section 43B(h): MSME Payment Rule and 45-Day Limit Explained
Section 43B(h) affects when a business can claim a deduction for certain payments to micro and small enterprises. It becomes especially important at financial year-end because an overdue supplier balance can increase taxable income even though the expense remains recorded…
GST for Multiple Branches: Multi-GSTIN Filing Checklist
Managing GST for multiple branches is mainly a coordination challenge. A PAN-level threshold can affect several registrations, but an error must usually be corrected in the GSTIN where it occurred. A clear monthly process helps prevent missed invoices, wrong-branch ITC,…
Common GST Filing Errors & How Software Fixes Them
GST return filing looks simple on paper, but in real business life, errors often happen. The reasons are common. Data comes from many sources, invoices get edited, purchase bills get missed, and tax rules are misapplied. Even a small mistake…
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