Find your product's HSN Code and GST Rate using our HSN Code Finder with which you can search by product name or code, and you can also use the category list to identify your HS Code.
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...
7. Who is eligible for the HSN code in GST? According to the GST rules, every taxpayer with a turnover of over Rs. 5 crores in the previous financial year must mention the 6-digit HSN code for goods and services on their invoices and GSTR-1 returns. 8. Is a GST bill valid withou...
7. Who is eligible for the HSN code in GST? According to the GST rules, every taxpayer with a turnover of over Rs. 5 crores in the previous financial year must mention the 6-digit HSN code for goods and services on their invoices and GSTR-1 returns. ...
Where to Mention HSN / SAC Code? The taxpayers shall mention all the following instances, HSN for goods and SAC for services. 1. GST Registration Every business under GST will need to declare the goods and services type that they are dealing with. Thus, it is essential to mention the corr...
During issuing of an invoice for goods and services, the seller has to mention the HSN code GST Returns While filing GST returns, a taxpayer has to provide the HSN summary. Conclusion: We hope this article has been of help in providing information about the paint HSN code. The primary ...
Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."Published by Arpit Kulshrestha Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with...
Whether it is mandatory for the person to show the HSN SAC summary in the concerned table in GSTR 1 Return named HSN Summary Turnover is more than 1 5 crore In GSTR 1 it asks HSN code summary only no where SAC has been mentioned What should i do Should b
HSN code is a six-digit code that is formed by the World Customs Organisation for the classification of products in an orderly and practical manner. It has 21 sections where each section is classified into chapters under a separate heading (for each one of them). The first two digits show...