Learn about GST rules on interest and ITC reversal for delayed payments to suppliers beyond 180 days, including compliance tips and interest calculation.
For sweets and snacks manufacturers in India, understanding the correct Harmonized System of Nomenclature (HSN) codes is crucial for proper classification and taxation. This article provides insights into the HSN codes specified by the Kerala Authority for Advance Ruling (AAR) and their corresponding tax rates.
Understand the implications of GST ITC reversal due to supplier defaults. Explore legal judgments and provisions to safeguard taxpayers’ interests.
