All goods and services exchanged in India are categorised as part of the SAC code system or the HSN code system under GST. Goods are categorised using the HSN Code, while services are categorised using the SAC Code. GST rates have been set in five classes called slabs which are ...
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...
According toGST laws, the following table displays theHSN codesand GST rates for Plastics. The data presented is as displayed on theGST Portalof India. GST has made filing returns extremely simple and straightforward. Using the table above, you can easily look up the tax rate for the kind o...