Jayaprasad6819@gmail.com Prasa (7 Points)
08 December 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 08 December 2020
1) HSN stands for " Harmonized System of Nomenclature " in India . HSN has 8 digit uniform code that classifies more than 5000 products and is accepted world wide
2) GST rates are Tax rates charged on almost all Goods & services @ 5% , 12% , 18% , 28% .
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 08 December 2020
HSN code is a 6-digit uniform code that classifies 5000+ products and is accepted worldwide. It was developed by the World Customs Organization (WCO) and it came into effect from 1988.HSN or HS (Harmonised Commodity Descripttion and Coding System) is a multipurpose international product nomenclature developed by the World Customs Organization (WCO).
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