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Old 08-17-2017, 05:18 AM
PriyaSharma02 PriyaSharma02 is offline
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Join Date: May 2017
Location: Noida,India
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Default What is HSN code ?

I want to know what is HSN code in respect of GST?
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Old 08-24-2017, 06:01 AM
FrankByMonster FrankByMonster is offline
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Default Re: What is HSN code ?

Internet says: HSN (Harmonized System of Nomenclature) is used for maintaining the stability in the assortment of goods and is also internationally accepted by PCS (Product Coding System). It is developed by the WCO (World Customs Organization).
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Old 09-07-2017, 02:23 AM
g_nicks g_nicks is offline
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Join Date: Jun 2017
Location: New York
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Default Re: What is HSN code ?

The Harmonized Product Description referred to as “Harmonized System of Nomenclature” or just “HSN”. It is a multipurpose international product nomenclature or terminology established by the World Customs Organization. The purpose of using the HSN codes is to ensure that GST invoicing practices are in tune with international standards of product nomenclature.
You all must be willing to know what is HSN code finder in respect of GST . So I would like to tell you that every business with the introduction of GST in India is required to declare a list of goods they are dealing into. This declaration is required along with the HSN code of such commodity. The system will automatically pick tax rate under GST rule based on these HSN codes. Therefore it is of utmost importance for a business man to mention the correct HSN codes at the time of registration under GST.
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