HS Codes or Harmonized System Codes are an industry standard by which export goods are tagged with. The Harmonized System is a numerical method that is a standardized way of classifying trade products.

What are the advantages of having a BIN?

A businessman’s legal validity of business is established through the BIN. You can avail the following advantages: All import- export activities except baggage import.Registration of land or building in the...

At which stage of supply VAT becomes payable?

In cases of taxable supply, VAT shall be payable in the event of any of the following activities whichever occurs first-  In case of ordinary supply-When supply is delivered.When invoice...
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