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Department of Business Regulation 233 Richmond Street Providence RI 02903 Affidavit by Broker and Insured Form AFFIDAVIT BY BROKER I STEVEN CLEVELAND swear under penalty of perjury as follows.

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Classification of goods or services is a complex procedure of ascertaining whether goods or services are composite, non-composite or mixed, and how to resolve competitive entries. In this article we can learn about principles of classification. The term classification implies arrangement ing to classes or types.

It means determining the subheadings or further subdivisions of the Combined Nomenclature (CN) under which the goods will be classified. Classification is not just used to determine the customs duty rate for a specific subheading. It is also used to apply non-tariff measures.

The explanatory notes indicate the scope and coverage of the heading, groups and service codes of the Scheme of Classification of Services. These may be used by the assessee and the tax administration as a guiding tool for classification of services.

Goods and services can be classified into two basic categories, i.e., free goods and Economic goods. Free Goods: They are unlimited in supply. These have zero opportunity cost since consumption is not limited by scarcity.

Other professional, technical, and business servicesOther professional, technical, and business services are classified under sub-heading 9909 of Chapter 99. The GST rate for these services is 18%, and the HSN code is 998349.

HSN (Harmonized System of Nomenclature) was developed by the World Customs Organisation (WCO) and is used to classify goods. They are similar in the countries that are under the WCO. 6-digit HSN codes are typically used for the goods. However, some countries use 8-digit codes to subclassify goods.

Relevant changes have been made in CGST Notification (Rate) No. 11/2017 dated 28.06. 2017. to avoid the confusion in classification of GTA Service whether under HSN 9965 or 9967. Now, GTA services shall be classified under SAC 9965 only, whereas 'Support services in transport' shall be classified under SAC 9967.

In simple words, GST is a tax applicable to the value added to goods and services at each stage in the supply chain. There are four types of GST, namely, CGST, SGST, IGST, and UTGST.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232