Taxpayers whose turnover is below Rs. 1.5 crore are not required to mention HSN code in their invoices The draft list of HSN codes released and available in the public domain can be assessed on the government GST website Under the GST laws, the services will be classified as per the Serv...
HSN code stands for Harmonized System Nomenclature. It’s a globally used 6-digit code that acts as a recognized system for classifying goods. Think of it as a universal product ID for international trade. This code simplifies the taxation process within thegoods and services taxframework by cat...
The following is a list of a few of the GST service accounting codes. You can find the current GST Rate for service in Chapter 99 of the SAC Codes & GST Rates for Services.SAC CodeSAC Description 99 All Services 9954 Construction services 995411 Construction services of single dwelling or ...
From the menu selectServices>User Services>Search HSN/SAC Code Choose aSearchtype Search for the goods or service type you’re looking for under the Search by or Search UnderChoose a Category sectionand select it from the drop-down list of HSN Chapter Search by Name or Code Enter the HSN ...
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 theGSTregime in India. SAC codes, issued byCBIC, help in identifying and categorizing services for tax calculation, with the first two di...
HSN code 3307 90 20 Sterile contact lens care solution. 3307 90 90 --- Other Click here to know GST rate on Goods and Services GST Exemption list of goods and services Find HSN number or Service tariff code for GST GST registration guidelines ...
HSN Code Description of goods HSN code3701 Photographic plates and film in the flat, sensitised, unexposed, of any material other than paper, paperboard or textiles; instant print-film in the flat, sensitised, unexposed, whether or not in packs ...
Example - HSN Code is an 8-digit code, and SAC code is a 6-digit code.Click here to view the entire list for HSN and SAC codes Conclusion Under GST, all products and services have an associated HSN and SAC code for allocating the correct GST rate. Deskera Books has all these HSN ...
SAC code in GST (GST codes) SAC and HSN are the similar codes under GST. In case of services, for each type of service provided is given an unified code for recognition, measurement and taxation. These are known as SAC codes. In the current service tax regime, SAC codes are already...
List of 18% GST rate items as per schedule III approved in the Goods and Services Tax Council meeting. IGST @ 18%, CGST @ 9%, SGST/ UTGST @ 9%.