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What is HSN Code in international trade and how to add it to GST portal? HSN Code Finder: The code follows a hierarchical structure, where the first two digits represent the chapter, the next two ...
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.
Explained | What are HSN codes and why are they changing? Come January 1, 2022, the set of codes used to monitor and regulate global trade by more than 200 nations, will be changing.
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.
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 ...
Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services from April 1, the finance ...