The e-Way Bill (EWB) system under the Goods and Services Tax (GST) regime governs the movement of goods across India.
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Every item has a corresponding HSN code, which determines its tax rate. Although HSN codes are standardised globally by the World Customs Organisation, countries can set their own tax rates for ...
Customs tariff under first schedule to the customs tariff act, 1975 has been reduced to 20% on HSN code 7113 (jewellery and parts thereof). Experts say this will bost jewellery consumption in India.