By using HSN codes, countries can harmonize their customs and trade procedures, making it easier for businesses to engage in international trade.

The government has made it mandatory to mention 8-digit HSN or tariff code for 49 chemical based products while issuing Goods and Services Tax (GST) invoice, a move experts feel is aimed at ...

Under GST, the majority of dealers will have to adopt two, four, or eight-digit HSN codes for their commodities, depending on their turnover the year prior.

Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services from April 1, the finance ...

Govt reply in Rajya Sabha shows GST collections and registered entities in recycling sector from 2020–25. No estimate on losses from informal ...

Different opinions arise because all products are classified under the Harmonised System of Nomenclature (HSN) — a long list that contains Codes and sub-codes for more than 5,000 products.

The GST Council, which will meet for its 56th session in New Delhi on 3–4 September, is expected to discuss widening the nil-rate slab, merging rates, and reducing GST on selected items currently ...

Meesho welcomes aboard non-GST sellers, as government lifts curbs To onboard non-GST sellers, the ecommerce has streamlined the registration process, made HSN codes and GST percentages optional ...

Businesses with turnover of up to Rs 1.5 crore need not quote HSN code in the invoices GST, but those above the limit will have to do so.

Handloom houses and artisans urge govt to remove GST on handmade textiles and handicrafts, citing loss of demand, rural jobs, and negligible tax revenue.

Nearly 1,000 artisans and weavers have urged the Centre to remove GST on textiles and handicrafts, citing distress in the sector, while the Fertiliser Association of India has sought GST cuts on raw ...

According to sources, the government is concerned about the likelihood of stalled sales across sectors. It is working on ...