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Guide to HSN Code used for GST in India. HSN Code or Harmonized System Nomenclature is an international system used to classify goods in over 200 countries.
Under GST Invoice Rules and Format, suppliers are required to mandatorily display the HSN code or SAC code of the goods or services supplied on an invoice. Entities having less than Rs.1.5 crores of ...
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India’s trade needs more precise HSN codes A 10-digit Harmonised System of trade Nomenclature, with accurate classification, will facilitate smoother trade talks, besides providing recognition ...
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Currently, there are six HSN codes for non-basmati rice and one for basmati rice. India is working to develop new tariff codes, called Harmonised System of Nomenclature or HSN codes in trade parlance, ...
Explore the world of Goods and Services Tax (GST) and Harmonized System of Nomenclature (HSN) codes. Learn about GST rates, the significance of HSN codes, and how to calculate GST using HSN codes.