Hsn code related issue give me the full explain
Technical Rehman (25 Points)
05 November 2019
plzz explain me hsn code and its full details becoz i m confused in hsn code and gst rate
2 Replies
Surjeet Negi
(947 Points)
Replied 05 November 2019
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%.
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