In India, the HSN Code is an extended 8-digit system for classifying goods under the GST regime. It builds upon the global 6-digit HSN code by adding two more digits for further product categorization. This GST HSN code system serves two key purposes:: ...
Understand what HSN codes are, their structure, and their significance in GST compliance. Learn how to identify and use HSN codes for your business.
All the states in the country have their own tax system for classifying the goods tax rate. But with GST regime there will be an uniformity all over the state which will harmonize the system of HSN for the goods and the service accounting code or SAC system for the services. In order...
Where to Mention HSN / SAC Code? Why Are HSN and SAC Codes Important for Business? Conclusion Related Articles All the goods and services to be used in India GST are classified by an HSN code (Harmonized System of Nomenclature) and by the SAC (Service Accounting Codes) and will help to ...
Read About: HSN Code List for GST Goods What is SAC Code? SAC stands for Service Accounting Code, a unique six-digit code used to classify services under the GST regime in India. SAC codes, issued by CBIC, help in identifying and categorizing services for tax calculation, with the first...
Click theListlink for India Tax HSN and SAC codes for GST. ClickEditbeside the HSN or SAC code you want to edit. Make the necessary changes. ClickSave. Inactivating or Deleting HSN and SAC Codes If you do not use a HSN or SAC code, you can either inactivate or delete it. ...
Find HSN number or Service tariff code for GST GST registration guidelines Indian GST Laws How to export your goods? Useful Information about GST: Refund of Input Tax Credit (ITC) of GST, FAQ Migration procedures for existing VAT payers to GST online in India ...
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Under All Categories, we have divided the list of HSN Codes into 23 major divisions. Navigate from this menu to the 2-digit, 4-digit, 6-digit, and 8-digit HSN Codes. By clicking on a four-digit code, you may find GST rates for HSN Codes. ...