Yahoo India Web Search

Sign In

Search results

    • Truncated first 6-digits

      • On examination of the HSN codes reported as missing, it has been observed that few taxpayers are trying to report truncated first 6-digits out of an otherwise valid 8-digit HSN. These truncated HSN codes are actually not available in GST Tariff at 6-digit level, with no corresponding description of goods.
      tutorial.gst.gov.in/downloads/news/advisoryonhsnandgstr1.pdf

      Advisory on HSN and GSTR-1 Filing

  2. People also ask

  3. news.cleartax.in › gstn-issues-fresh-clarificationGSTN issues fresh clarification on the reporting of HSN codes ...

    Apr 14, 2021 · The GST Network (GSTN) has issued a new clarification on 12th April 2021 over the HSN code reporting. Specific HSN codes are not made available in the HSN master or not being accepted on e-invoice and e-way bill portals.

    • CBIC

      10,000 Fake GST Registrations Identified During the First...

  4. cleartax.in › s › gst-hsn-lookupHSN Code List & GST Rate Finder - ClearTax

    Search and Find HSN Codes, SAC codes & GST Rates of goods and services under GST in India. Under GST, tax slabs have been fixed at 0%, 5%, 12%, 18% and 28% Products

    Chapter
    Commodities
    Chapter 1
    Animals
    Chapter 2
    Meat and edible offal
    Chapter 3
    Fish, molluscs, crustaceans, and other ...
    Chapter 4
    Dairy produce, birds' eggs, honey and ...

    See full list on cleartax.in

  5. tax2win.in › guide › gst-hsn-codeHSN Code - List of HSN Codes Under GST - Tax2win

    • What Is GST
    • What Are GST Rates
    • What Is An HSN Code
    • Importance of GST HSN Code
    • How Does HSN Code Work?
    • Chapter Wise Distribution of Commodities Using HSN Code List
    • Challenges

    Goods and Services Tax(GST) is the value-added tax levied on almost all goods sold for domestic consumption and services we use within the country. It is a single tax structure removing all the previous central and state taxes. GST is actually paid by the customers who avail the service or the goods they buy, but it is remitted to the government by...

    See full list on tax2win.in

    GSTis one of the biggest reforms in the taxation sector in India. GST helped in bringing uniformity in the taxation of various commodities and services used in India. It also contributed in eliminating the cascading effect of various taxes levied by state and central government. Goods and Services Tax (GST) is the single taxation, but due to the va...

    See full list on tax2win.in

    HSN stands for “Harmonized system of Nomenclature” which was developed by the World Customs Organisation (WCO). WCO’s main objective for introducing HSN codes is to classify all the goods in a systematic manner. It clears the confusion and helps in domestic and international trade between the countries. More than 20,000 goods are traded using HSN c...

    See full list on tax2win.in

    For years other countries are using HSN codes for the trade. After the introduction of GST in our country, HSN and imports and exports standardize Codes as accepted in the global platform have been adopted. The use of HSN codes minimize the cost and simplify the customs procedure. The HSN codes help all the taxpayers, to know about GST rates agains...

    See full list on tax2win.in

    The use of HSN codes are mainly for dealers and trades. They must adopt 2 digits, 4 digits, and 8 digits HSN codes depending upon the following criteria.

    See full list on tax2win.in

    All the goods and services are classified into 21 sections and 99 chapters. The chapters are again into 1244 subheadings. The given HSN codes give the GST tax rates which are levied on the goods. Sources: http://www.cbic.gov.in/htdocs-cbec/customs/cst1718-010718/cst1718-0107-idx http://www.cbic.gov.in/htdocs-cbec/customs/cst1718-020218/cst1718-0202...

    See full list on tax2win.in

    Till now 34 GST council meetings are held with various agenda. To spread awareness about GST and use the HSN codes in trading, the government is facing difficulties for the past two years. Many goods are shifting from one tax slab to another tax slabs depending on the trade and usage. One HSN code is used for different tax slabs. Many companies are...

    See full list on tax2win.in

  6. taxguru.in › 4-digit-6-digit-hsn-code-gst4-digit/6-digit HSN Code under GST - Tax Guru

    Apr 13, 2021 · Similarly, where HSN at 4-digits are specified, valid HSN codes as available in tariff, at 4-digit, 6-digit and 8-digit can be mentioned. However, the 4/6 Digit HSN Codes, which are not available in the tariff; along with specific description, Unit and GST Rate; are not allowed to be mentioned.

  7. taxguru.in › goods-and-service-tax › hsn-codeHSN Code Clarification under GST - Tax Guru

    May 20, 2021 · Specific 6-digit & 8 Digit HSNs, as available in the Customs Tariff to allow in the system. However, incidentally taxpayers used first 6-digits out of valid 8-digit HSN, those 6 digit HSN are not allowed.

  8. taxguru.in › goods-and-service-tax › mandatory-hsnMandatory use of HSN/SAC on GST invoices w.e.f. 1.4.2021

    Mar 31, 2021 · HSN Code/ Service Accounting Code mandatory on invoices as per revised requirement from 1st April 2021 for GST taxpayer with turnover of more than Rs 5 crore. Posted On: 31 MAR 2021.

  9. www.taxscan.in › article › why-hsns-are-showingWhy HSNs are showing invalid on GST Portal? Read the ...

    Apr 13, 2021 · For Example, if the HSN Code is “0102 29 10”, then 6 digit HSN corresponding to 8 digit is available in Custom Tariff Act i.e. “0102 29”, therefore the same is also available on GST Portal / Eway Portal.