1. What is HSN Code in GST? The HSN Code (Harmonized System of Nomenclature) in GST is an 8-digit code that classifies goods. It helps identify products for applying the correct GST rate and simplifies international trade. 2. How to add the HSN code in the GST portal?
India uses an 8-digit HSN code1 instead of the typical 6-digit code; here’s how it is broken down: Chapter: The first two digits represent the chapter, broadly classifying goods into major categories. Heading: The next two digits represent the heading within the chapter, n...
3. Is HSN Code 6-Digit or 8-Digit? India initially used 6-digit HSN codes for classifying Customs and Central Excise commodities. However, to enhance precision, the code was expanded to 8 digits. As a member of the World Customs Organization (WCO) since 1971, India now uses the 8-digit...
Later, such four-digit HSN codes are further sub-classified into the six-digit HSN code. How can I find my 8 digit HSN code?To sub-classify the six-digit HSN code number in some countries, there must be an additional two-digit HSN code put into place in order to create an eight-dig...
Found 1 HSN Code of 8 digit under Sub Heading 6504 Frequently Used 6505Hats And Other Headgear, Knitted Or Crocheted, Or Made Up From Lace, Felt Or Other Textile Fabric, In The Piece (but Not In Strips), Whether Or Not Lined Or Trimmed; Hair-nets Of Any Material, Whether Or Not Line...
India joined the World Customs Organization in 1971. In the beginning, the 6-digit HSN codes were used in India, but later the customs and central excise department added two more digits. The additional 2-digits in the new 8-digit HSN code made the code more precise and easier to use. ...
Found 1 HSN Code of 8 digit under Sub Heading 1804 Frequently Used 1805Cocoa powder, not containing added sugar or other sweetening matter Import Shipments 67805 Buyers 4345 Export Shipments 67805 Suppliers 1970 View All Found 1 HSN Code of 8 digit under Sub Heading 1805 ...
HSN Code List for GST India HSN has been applicable in India after implementation of GST. India has already been using HSN system in the Central Excise and Customs regime. But the GST HSN is a much more detailed classification that adds another two digits to the 6-digit structure. For cert...
Import and export dealings, as well as foreign trades, require the use of 8-digit HSN codes for entrepreneurial ventures. Services Accounting Code (SAC) in GST The SAC code is a concept similar to that of HSN. The SAC code is a similar concept to the HSN code. SAC stands for Service ...
What is the full form of HSN Code? HSN stands for Harmonized System of Nomenclature Is HSN code 4 digit or 8 digit? Generally, HSN codes consist of six digits. On the other hand, our eight-digit HSN codes in India are as follows: the first two are the chapter number, the next two...