Ques: 918: Is GST registration required for sale of paintings held as personal capital investments and income tax is paid under head Capital gains on such 

Ques: 917: CONSULTING FEES FOR ORGANISING PRE-IPO PRIVATE PLACEMENT OF EQUITY TO INVESTORS HSN CODE

Ans: The consulting fees for organizing pre-IPO private placement of equity to investors should fall under HSN Code 9983, which covers “Other professional, technical and business services” including financial consultancy services and investment banking services.

Ques: 916:I am an exporter of vegetables (Tax Free items). I Export without payment of tax through air frieght. Purchase of Vegetables in my case is also tax free. But air freight charges, bank charges, telephone charges in my case are taxable items.
So wheather i am eligible to take GST Refund of ITC paid on Air freight (paid on export), telephone and bank charges

Ans: You are eligible to avail refund claim. Zero-rated supply provisions will prevail over provisions related to exempted supplies.