All goods and services transacted in India under GST are classified under the HSN code system or SAC Code system. Where services are classified under the SAC Code and goods are classified under theHSN Code. Services Accounting Code also called as SAC Code is a classification system for services...
The Eight Digit Code:The Customs Tariff in India remained a 6 Digit Code aligned with the HSN during the period from 28th February, 1986 to 31st January, 2003. However, the Directorate General of Commercial Intelligence and Statistics (DGCIS) had evolved a 8 Digit Code for compilation of imp...