1. What is HSN Code in GST? The HSN Code (Harmonized System of Nomenclature) in GST is an 8-digit code that classifies goods. It helps identify products for applying the correct GST rate and simplifies international trade. 2. How to add the HSN code in the GST portal?
Procedures to claim Input Tax Credit under GST in India When to file first Return of GST tax in India? GST Tax returns filing – Who, How and When? Step by step procedures to create username and password in GST common portal How is time of supply accounted under GST Tax Calculation Valua...
1008 90 90 - - - other TDS under GST, Frequently Asked Questions Does Interest attract on GST Tax payment delay? Step by step procedure to login with GST common portal in India Mechanism of Payment of GST tax in India Useful Information about Export and Import: How does a Running bond wo...
When you register for GST, on your invoices, and on your GST returns that you need to post on the GST Portal, you must include these codes. Disclaimer : The information, product and services provided on this website are provided on an “as is” and “as available” basis without any ...
Companies need the HSN code for GST registration, making invoices, and providing an HSN summary when filing GST returns. This is crucial, especially for businesses importing and exporting with India. All such businesses must use an ITC-HS code, an 8-digit HSN code. To find an H...
2. GST Rate For goods and services, if the taxpayer is aware of HSN/SAC code, he can easily determine the GST applicable rate. 3. GST Invoice When a seller issues an invoice for goods and services, he needs to mention the HSN/SAC code in the invoice, which is based on the total ...
The small dealers under composition scheme will not require to mention SAC codes in their invoices. The codes will be mentioned in invoice and in the GST tax return details which will be uploaded on the GST portal. The small business under composition scheme will not be required to mention...
All B2B invoices are uploaded to the Invoice Registration Portal (IRP) using the e-Invoice System by GST-registered persons. The IRP creates and sends a unique Invoice Reference Number (IRN), a digitally signed e-invoice and a QR code to the user. ...
“GSTIN new facility is available on GST portal for different modules such as registration, returns, advance ruling, payment and other miscellaneous topics”. know more “The Government of India has given relaxation for the time period of GST return filing due dates along with a late fee to ...
According toGST laws, the following table displays theHSN codesand GST rates for Plastics. The data presented is as displayed on theGST Portalof India. GST has made filing returns extremely simple and straightforward. Using the table above, you can easily look up the tax rate for the kind ...