Taxpayers having an Aggregate Annual Turnover (AATO) of ₹5 crores or more must include the HSN code in their e-invoices, with at least six digits. This mandate will go into effect on 15 December 2023. What is the full form of HSN Code? HSN stands for Harmonized System of Nomenclatur...
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, ...
The information provided below about HSN codes are used for GST purpose to classify goods. You may reconfirm with GST authorities whether your product HSN code is classified correctly below. The HSN codes under 02 digits, 04 digits, 06 digits and 08 digits explains and classifies broadly for ea...
In India, PVC pipes and fittings are classified under the HSN code 3917. Q: What is the HSN code? Ans: The government uses the HSN code to track and monitor the movement of goods, services, and people across borders. The HSN code is a six-digit number representing a particular item's...
With GST taking control most of the business owners will have to take up two to four or eight digits HSN codes for their goods and services depending on their turnover for a year. Dealers who have a turnover of Rs 1.5 crores up to 5 crores will have to use two digit HSN code. ...
To add an HSN code in the GST portal, you need to enter the appropriate 8-digit HSN code for each product or service you supply. This information is required when filing GST returns. 3. Is the HSN code 6-digit or 8-digit? In India, the HSN code is usually 8 digits long. The ...