Transcription of HSN BASED COMMODITY CLASSIFICATION CODE FOR VAT …
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HSN BASED COMMODITY CLASSIFICATION code FOR VAT TARIFF Report Submitted to The Empowered Committee of State Finance Ministers, Government of India, New Delhi September 2007 Centre for Taxation Studies Thiruvananthapuram, Kerala 1 GENERAL RULES FOR THE INTERPRETATION OF THE VAT TARIFF COMMODITY CLASSIFICATION code for VAT Tariff is BASED on the Harmonised System of Nomenclature adopted by the Customs Tariff Act. Hence the General Rules for the interpretation of VAT Tariff are almost in line with the General Rules for the interpretation of Customs Tariff Act. CLASSIFICATION of goods in this Schedule shall be governed by the following principles: 1.
1 GENERAL RULES FOR THE INTERPRETATION OF THE VAT TARIFF Commodity Classification Code for VAT Tariff is based on the Harmonised System of Nomenclature adopted by the Customs Tariff Act.
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