Hsn code
Vageesh Tavarad (Accountant) (140 Points)
07 July 2017
On what grounds the dealers should decide to use 2-Digit or 4-Digit or 6-Digit codes
7 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 07 July 2017
If turnover is below 1.5 crore then 0 digit.
2 digits if b/w 1.5crore-5 crore
4 digits if above 5 crore
8 digit for import/export
2 digits if b/w 1.5crore-5 crore
4 digits if above 5 crore
8 digit for import/export
Vageesh Tavarad
(Accountant)
(140 Points)
Replied 07 July 2017
Thank You Mam
Last Year Turn Over to be Considered? If a dealer uses all the digits any harm?
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 07 July 2017
Current Year turnover.
Advisable to use 4 digit HSN. There is no harm in it
Advisable to use 4 digit HSN. There is no harm in it
Vageesh Tavarad
(Accountant)
(140 Points)
Replied 08 July 2017
Code for Dried Chilli is 09042010
So i need to use 0904 ??
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