The goal ofHSN codesis to make GST more effective and universally accepted. HSN codes will eliminate any need to submit a detailed product description. The following is a list of a few of the GST service accounting codes. You can find the current GST Rate for service in Chapter 99 of the...
while services are categorised using the SAC Code. GST rates have been set in five classes called slabs which are predicated on the HSN or SAC codes. These five slabs are: NIL, 5%, 12%, 18%, and 28%