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HSN Code for E-commerce Marketplace?

Admin (Admin Work) (28 Points)

23 June 2023

I wanted to know if HSN code or SAC code is applicable for E-commerce marketplace? I don't sell my own products, i have buyers and sellers who sell on my website. I am providing only a service, similar to OLX but in garments & accessories. Which is applicable?

If it is HSN, it is per product category?

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 23 June 2023

You are a service provider as per above. HSN code not required.

But,
HSN code applicable for seller & Purchaser.

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Admin (Admin Work) (28 Points)
Replied 23 June 2023

Thanks for the reply! Since I charge a commission to the seller on every transaction, do I need to add the HSN code in the invoice that I will generate to the seller? I do not need to generate an invoice between seller and buyer.

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RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 23 June 2023

No. If You are not give invoice between seller and buyer.

But, SAC applicable for service. So, You need to show SAC on Your invoice.

CA Altamush Zafar (GST Consultant) (15966 Points)
Replied 24 June 2023

Since you are a service provider charging commission you will have to show SAC in your invoice and gst returns. The concept of HSN and SAC is nearly the same...HSN is for goods and SAC is for services.