Classification of goods and services under GST determines taxability, applicable rates and exemption status regime. Classification determines taxability, exemption and rate under GST: goods use the Harmonised System of Nomenclature (HSN) and services use the Services Accounting Code (SAC), with the Customs Tariff adopted for goods classification. Notifications list descriptions, tariff items and applicable rates and identify fully exempt goods. Multiple prescribed rate slabs apply to goods and services, and specified construction services may attract special lower rates subject to conditions. Explanatory notes and CBIC publications guide the scope of headings and service codes and publish current rates and exempted items.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Classification of goods and services under GST determines taxability, applicable rates and exemption status regime.
Classification determines taxability, exemption and rate under GST: goods use the Harmonised System of Nomenclature (HSN) and services use the Services Accounting Code (SAC), with the Customs Tariff adopted for goods classification. Notifications list descriptions, tariff items and applicable rates and identify fully exempt goods. Multiple prescribed rate slabs apply to goods and services, and specified construction services may attract special lower rates subject to conditions. Explanatory notes and CBIC publications guide the scope of headings and service codes and publish current rates and exempted items.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
