https://www.taxtmi.com/article/detailed?id=17112 Customs and GST classification requires accurate product or service identification and application of the statutory hierarchy of tariff headings, Section Notes, Chapter Notes, and the General Rules for Interpretation. Classification of goods is supported by HSN Explanatory Notes, technical evidence, commercial understanding, and relevant legal principles, while GST service classification turns on the actual activity, principal supply, and composite or mixed supply rules. Businesses should document their analysis, monitor tariff and notification changes, and seek expert advice or advance rulings in doubtful cases, as incorrect classification may affect tax liability, exemptions, refunds, incentives, and compliance exposure. en-us Thu, 06 Aug 2026 10:11:15 +0530 Thu, 06 Aug 2026 10:11:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17112 Customs and GST classification requires accurate product or service identification and application of the statutory hierarchy of tariff headings, Section Notes, Chapter Notes, and the General Rules for Interpretation. Classification of goods is supported by HSN Explanatory Notes, technical evidence, commercial understanding, and relevant legal principles, while GST service classification turns on the actual activity, principal supply, and composite or mixed supply rules. Businesses should document their analysis, monitor tariff and notification changes, and seek expert advice or advance rulings in doubtful cases, as incorrect classification may affect tax liability, exemptions, refunds, incentives, and compliance exposure. Articles Customs - Import - Export - SEZ Thu, 06 Aug 2026 10:11:15 +0530 https://www.taxtmi.com/article/detailed?id=17112