3. Is the HSN code 6-digit or 8-digit? In India, the HSN code is usually 8 digits long. The first two digits represent the chapter, the next two digits denote the heading, and the final four digits specify the sub-heading and tariff item. ...
HSN code was introduced to make the GST systematic. While filing the GST returns, the taxpayers do not need to mention the description of the goods but instead mention the HSN code. The CBIC has also stated that mentioning HSN code is now mandatory in GSTR-1, if you are in the turnove...
It falls under the HSN Code 8517. In addition to GST, customs duty is levied on iPhones, as most are imported from other countries. According to the 2025 Budget, imported iPhones in India are subject to a 15% customs duty. Related Read: GST Rates for Common Goods and Services in 2024 ...
GST for goods and services is determined based on the HSN code or SAC code of an item.Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based ...
HSN has a six-digit universal code that defines over 5,000 goods and is accepted globally. Let's check How to find my 6 digit HSN code