Under GST, what does HSN stand for? MCQ with Answer and Explanation

Explanation:
The Composition Scheme is barred for suppliers of services (except restaurants), those making inter-state supplies, casual/non-resident taxable persons, and manufacturers of specified goods like ice cream, pan masala, and tobacco. Therefore, all options apply.

Explanation:
Interest on capital is payable only if the partnership deed so provides, and only out of profits.

Explanation:
Cash Book is a book of original entry and a ledger account. Its balance represents cash in hand, which is always a debit balance (asset).