Understanding how the HSN Code is used in India How to avoid mistakes with HSN in GST? Differences Between the HSN Code and SAC Code Conclusion Frequently Asked Questions What is HSN Code? HSN code stands for “Harmonized System of Nomenclature,” a eight-digit code used to systematically name...
HSN code was introduced to make the GST systematic. While filing the GST returns, the taxpayers do not need to mention the description of the goods but instead mention the HSN code. The CBIC has also stated that mentioning HSN code is now mandatory in GSTR-1, if you are in the turnove...