Latest Articles By Shivani Kandalkar

Televisions are now common in almost every home, shop and office in India. LED TVs, smart TVs and other modern screens are used for entertainment, advertising and information display in many places. To use the TV HSN code correctly and apply the right GST rate, traders, electronics retailers and manufacturers need to understand how different types… Read more

Air coolers and water coolers are common in Indian homes, shops, offices and schools where they provide comfort during hot weather. Businesses also install large coolers in factories, warehouses and public areas for staff and visitors. To use the cooler HSN code correctly and apply the right GST rate, traders, dealers and installers need to understand… Read more

Dry fruits like almonds, cashews, raisins, dates and pistachios are used in homes, sweet shops and restaurants across India. They are sold in loose form, small packets and gift boxes during festivals and round the year. To use the dry fruits HSN code correctly and apply the right GST rate, traders, wholesalers and retailers need to… Read more

Chairs are used in homes, offices, shops, schools and many other places. They include simple plastic chairs, cushioned office chairs and revolving chairs for workstations. To use the chair HSN code correctly and apply the right GST rate, dealers, furniture makers and office suppliers need to understand how different types of chairs are classified and how… Read more

Packing charges are common in trade and services. Businesses often charge for cartons, wrapping, strapping and handling when they send goods to customers. These charges may appear as a separate line on the invoice or may be included in the price of the goods. To use the packing charges HSN code correctly and avoid mistakes in… Read more

Bricks are basic building materials used in houses, boundary walls, factories and many other structures. Common types include red clay bricks, fly ash bricks and cement bricks and blocks. To use the bricks HSN code correctly and charge GST without mistakes, traders, builders and brick manufacturers need to know how different bricks are classified under HSN… Read more

Pens are basic writing instruments used in schools, offices, banks and homes. They are an important part of everyday stationery for students, professionals and businesses. To use the pen HSN code correctly and charge GST without mistakes, traders, wholesalers and manufacturers need to know how different types of pens are classified under HSN and which GST… Read more

Iron and steel products are used in construction, machinery, household items and many other everyday applications. Bars, rods, pipes and scrap are common iron products in trade. To use the iron HSN code correctly and charge GST without mistakes, traders, fabricators and manufacturers need to understand how iron products are classified under HSN and which GST… Read more

Stationery items like notebooks, pens, pencils, files and folders are used every day in schools, offices and shops. They look simple but cover many different materials such as paper, plastic and metal. To charge GST correctly and keep returns error free, businesses must understand how stationery items are classified under HSN and what GST rates usually… Read more

PVC pipes are widely used for water supply, drainage, irrigation and electrical conduit work. Under GST, these products must be billed with the correct HSN code so that the GST rate, input tax credit and reporting remain correct. This guide explains the main PVC pipe HSN code, how fittings and related items are classified and how… Read more

Sarees are one of the most popular traditional garments in India. Traders, boutiques, handloom units and large brands all need the correct saree HSN code so that GST is charged properly on cotton sarees, silk sarees and blended sarees. In this guide you will learn how sarees are classified under HSN, how cotton and silk sarees… Read more

Aluminium scrap is generated in large quantities by metal fabricators, cable makers, window frame manufacturers, casting units and recycling yards. Traders buy this scrap and supply it to smelters and foundries that convert it back into usable metal. To use the aluminium scrap HSN code correctly and apply the right GST rate, scrap dealers, recyclers and… Read more

Sections 206AB and 206CCA of the Income Tax Act were introduced to encourage timely filing of Income Tax Returns (ITR) and strengthen compliance. These provisions impose higher rates of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) on those who fail to file their returns within the due date. Below is a comprehensive… Read more

The LIFO method (Last-In, First-Out) is an inventory valuation technique where the most recently purchased or produced goods are assumed to be sold first. This means that under LIFO, the cost of the latest inventory is matched with revenue, while older inventory remains in stock. This method is less commonly used worldwide than FIFO but can… Read more