By using HSN codes, countries can harmonize their customs and trade procedures, making it easier for businesses to engage in international trade.

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.

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 the two-slab system, the GST Council has scrapping 12 per cent and 28 per cent rates. Now, essential items like food, ...

While the HSN code is an 8-digit number, the SAC code is a 6-digit number. What is my SAC code? Services Accounting Code is released by CBEC to structurally categorize every service under GST.

According to sources, the government is concerned about the likelihood of stalled sales across sectors. It is working on measures to address states’ concerns over the potential revenue impact of rate ...

Govt reply in Rajya Sabha shows GST collections and registered entities in recycling sector from 2020–25. No estimate on losses from informal ...