Professional classification master. Supplier, recipient, activity, value, end use, certificate, invoice and reporting conditions.
Eight-stage method
- Define the supply and transaction date.
- Collect technical, commercial and contractual evidence.
- Determine goods/services and composite/mixed character.
- Classify under HSN/SAC using statutory interpretation rules.
- Match the current rate or exemption entry.
- Apply RCM, cess, place-of-supply and State counterparts.
- Calculate tax and test invoice/return reporting.
- Approve, archive and monitor later amendments.
Minimum review note
The conclusion should state the HSN/SAC, exact notification serial, rate components, conditions, effective date, contrary entries considered and supporting documents.
Finin2min Q&A
Can an HSN chapter determine the GST rate?
No. The exact heading, description, exclusions, conditions, notification entry and effective date must be matched.
Can a GST Council recommendation be applied directly?
No. Identify the implementing notification and commencement date.
Does a portal rate search replace classification?
No. It is an aid; the tariff, notification and evidence control the legal conclusion.
When should a rate page be indexed?
Only after exact current entry text, amendments, conditions, examples and reviewer approval are complete.