In this webinar, CA Navjot Singh & FCA Archana Jain will discuss 'Classification' of goods & services.
Under indirect tax laws, “classification” is the categorization of goods and services crucial to ascertain whether a subject matter is eligible to tax, exemption, rate of tax, etc.
Sometimes the classification of goods or services becomes a complex procedure of ascertaining whether goods or services are composite, non-composite, or mixed supplies.
In the case of GST legislations, similar to other indirect tax laws, classification is given a detailed enunciation within the legislative framework. There are elaborate statutorily stipulated rules to determine whether the supply concerned is a supply of “goods” or “services” and thereafter classify such goods or services within the rate schedule (also known as “tariff”) to ascertain their taxability and, if so, the applicable rate of tax on such supply.
Importance of Correct Classification
Importance of Correct Classification
How to deal with the notices/communications from the departmental authorities in respect to Classification issues.
How to deal with the notices/communications from the departmental authorities in respect to Classification issues.
1. Importance of Correct Classification
2. Analysis of key judgments
3. How to deal with the notices/communications from the departmental authorities in respect to Classification issues.
As a Consultease Administrator, I'm responsible for the smooth administration of our portal. Reach out to me in case you need help.
THIS IS A ONE OF BEST COURSE TO UNDERSTAND THE PROVISONS.
_1633594007.jpg)
_1630925343.jpg)
