On theTax informationFastTab, in theSACorHSN codefield, enter a value. In theService categoryorITC categoryfield, enter a value. Select theExemptcheck box to exempt these charges from the calculation of GST. SelectSave. When this charges code is selected for a transaction, the defined tax ...
All the goods and services to be used in India GST are classified by an HSN code (Harmonized System of Nomenclature) and by the SAC (Service Accounting Codes) and will help to remove the hurdle/obstacle in the international trade. In addition, these HSN and SAC codes have been used in ...
GST State Code List of India The first two digits of any GST number (GSTIN) represent the GST state code. A taxpayer uses the GST state code list when registering forGSTand entering invoice details inGST Returnsin the form of GSTIN. ...
To work with GST in Commerce for India, you need to complete a general GST setup. For more information, seeIndia Goods and Services Tax (GST). You also need to enable the India-specific functionality on the Commerce channel side:
The last digit will be a check code which will be used for detection of errors. Click here to Download List of HSN Code and SAC Code HSN codes for GST in India All the states in the country have their own tax system for classifying the goods tax rate. But with GST regime there ...
To create a HSN and a AC code: Go toCustomization > Lists, Records, & Fields > Record Types. Locate the India Tax HSN and SAC codes for GST record. Click theNew Recordlink for India Tax HSN and SAC codes for GST. In theNamefield, enter a unique name for the code. ...
Select theHSN/SACoption from the dropdown list. Choose the one that is applicable and add your number in the text box on the right. According to your HSN/SAC number, you can then go on to select the appropriateGST taxrate at line level. A tax rate might already be pre-filled based ...
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GSTIN/PAN of Supplier, Trade/Legal Name, place of supply, Differential % of tax rate, Supply covered under section 7 of IGST Act, Supply Type (inter-state/Intra-state) , HSN code, rate, Taxable value , Integrated tax, central tax ,State Tax/UT, Cess ...
GST and Other Indirect Tax GST Registration GST Filing GST Login Portal HSN Code Finder GST Cancellation and Revocation Indirect Tax RoDTEP Changes in Pvt Ltd Company Add a Director Remove a Director Increase Authorized Capital Close the Pvt Ltd Company Strike off Company Change Objective/Activity ...