HS Code and GST rate of parts of sewing machine is 8452 and attracts 18% GST under residual entry
Answer: HS Code for sewing machine is 8452% and it attracts GST rate of 12%. However, parts of sewing machine falling under HS Code 8452 attract 18% GST under the residual entry S. No. 453 of Schedule III of notification prescribing GST rates.
RBI specifies ‘Related Party’ with respect to bank RBI has issued RBI Credit Risk Management Directions, 2025 defining ‘Related Party’…
Advisory on Filing Opt-In Declaration for Specified Premises, 2025 Dear Taxpayers, The relevant declarations issued vide Notification No. 05/2025 –…
FAQs for HSNS Cess Act, 2025 and HSNS Cess Rules, 2026 Q1. Who is required to get registered under the…
Refusing to condone delay can result in a meritorious matter thrown out at very threshold against case being decided on…
When prior period expenses are not admissible as deduction, following the same principle the prior period income also cannot be…
Supreme Court condoned delay of 972 days in filing appeal due to restructuring in Income Tax Department In a recent…