https://www.taxtmi.com/article/detailed?id=8664 HSN is an international coding system for classifying traded goods by composition, form and function using sections, chapters and headings under the General Rules for the Interpretation of the Harmonized System. Importers bear responsibility for correct HSN classification and self-assess import duty; misclassification may prompt customs reassessment and demands for differential tax. Under GST several duties were subsumed into IGST, creating possible tariff and IGST rate mismatches between main goods and their parts. en-us Fri, 09 Aug 2019 07:14:13 +0530 Fri, 09 Aug 2019 07:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8664 HSN is an international coding system for classifying traded goods by composition, form and function using sections, chapters and headings under the General Rules for the Interpretation of the Harmonized System. Importers bear responsibility for correct HSN classification and self-assess import duty; misclassification may prompt customs reassessment and demands for differential tax. Under GST several duties were subsumed into IGST, creating possible tariff and IGST rate mismatches between main goods and their parts. Articles Goods and Services Tax - GST Fri, 09 Aug 2019 07:14:13 +0530 https://www.taxtmi.com/article/detailed?id=8664