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By using HSN codes, countries can harmonize their customs and trade procedures, making it easier for businesses to engage in international trade.
The government has made it mandatory to mention 8-digit HSN or tariff code for 49 chemical based products while issuing Goods and Services Tax (GST) invoice, a move experts feel is aimed at ...
Under GST, the majority of dealers will have to adopt two, four, or eight-digit HSN codes for their commodities, depending on their turnover the year prior.
HSN codes for goods at 6 digits are universally common. Therefore, common HSN codes apply to Customs and GST. Accordingly, codes prescribed in the Customs tariff are used for the GST purposes too.
Those with turnover of up to ₹5 crore in the preceding financial year would be required to mandatorily furnish four-digit HSN code on B2B invoices.
Stakeholders in the arecanut sector have asked the Government to bring down GST on copper sulphate, which is used as a ...
Different opinions arise because all products are classified under the Harmonised System of Nomenclature (HSN) — a long list that contains Codes and sub-codes for more than 5,000 products.
Top 5 GST mobile applications with GST rate, HSN/SAC code and other useful information Here we are showcasing a list of top 5 GST mobile applications available, which can help you out with your ...
Arecanut growers and cooperatives demand reduction of 18% GST on essential copper sulphate fungicide for agriculture.
GST Council’s 56th meeting introduces simplified tax slabs, exemptions on essentials, and reforms to boost affordability, ...
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