Understand HSN codes under GST with Tally Solutions. Learn their significance, structure, and use our HSN code finder for quick lookups. Explore now!
How does the HSN/SAC code work? It has approximately 5,000 commodity groups, each of which is defined by a six-digit code and is organised in a judicial and sequential. To ensure constant classification, it is backed by well-defined guidelines. ...
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...
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...