Under GST law, the HSN code to be used by a taxpayer for classification of goods will be based on the taxpayer's turnover. The HSN code needs to be declared on the tax invoice and also to be reported while filing the GST returns. ...
The ITC-HS Codes are required for exports. Otherwise, the export incentives will be forfeited if the 8-digit HSN Code is not supplied on the shipping bill. HSN Codes are not required under GST for businesses with a turnover of less than₹1.5 crore or if the dealer is registered under ...
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...
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 predicated...
Grow your business with Marg ERP! Easy GST invoices and filing. Book Free Trial! Labour Charges HSN Code HSN Code for Services Glassware HSN Code Frequently Asked Questions (FAQs) What is HSN code 7610? HSN code 7610 is a classification code used for aluminum structures that are prefabricated...