What is HSN code under GST?HSN stands for Harmonized System of Nomenclature which was developed by the World Customs Organization (WCO) with the vision of classifying goods all over the World in a systematic manner.WCO has 181 members, three-quarters of which are developing countries that are ...
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...
With the associated GST rate of 18%, businesses need to consider the tax implications and ensure compliance, while consumers may experience pricing variations for steel-based goods. Staying Read more useful content: Labour Charges HSN Code HSN Code for Services Glassware HSN Code Frequently Asked ...
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 ...
Works Contract GST Rate (Material supplied by the contractor) Works Contract Services HSN Code and GST Rate (Only labour supplied by the contractor) 18% 9954 Composite Supply of Works Contract and Goods (Goods < 25% of total contract value) 18% 9954 Composite Supply of Works Contract and Goo...
The GST rate for aluminum structures can increase the cost of construction projects that require the use of these structures. However, input tax credit can help reduce the overall cost. Share Previous articleUnderstanding the 7604 HSN Code: A Guide to Aluminum Bars, Rods, and Profiles for Intern...
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...