With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose international product nomenclature ...
What Is an HSN Code and Why Does It Matter for GST Filings? The HSN code framework is the backbone of India's GST system. Accurate HSN code usage is crucial for businesses. It ensures compliance, ...
HSN Code for GST: The code covers a wide range of products, including goods, commodities, and services. GST HSN Code List: HSN or Harmonized System of Nomenclature is an internationally recognized ...
A summary of India's GST 2.0 reforms, including new tax slabs, changes to rates for various sectors, and crucial compliance guidelines for ...
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. It is categorised into different slabs like 5%, 12%, 18%, and 28%. Knowing GST rates ...
Effective September 22, 2025, India's GST regime undergoes a major overhaul following the 56th GST Council meeting led by ...
SAC or Services Accounting Codes are unique codes offered by CBEC (Central Board of Excise and Customs), which is used for classification of categories of services under Goods and Services Tax (GST).
As the diamond industry continues to grow and evolve, understanding the current Goods and Services Tax (GST) rates and the associated HSN (Harmonized System of Nomenclature) codes is essential for ...
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 curbing ...
India's revised GST structure, effective today, reduces taxes on nearly 400 goods and services, including food, automobiles, ...
Allahabad High Court held that cancellation of GST registration without following condition prescribed under Rule 21 of GST Rules merely on the bass of reflection of HSN/SAC Code in registration ...
The GST Council has approved a two-tier rate structure of 5% and 18%. Here's the full list of items and their new GST rates.| ...