How do I find my HSN code?

Published by %s
2021-06-21

How do I find my HSN code?

To find an HSN code for a product, first, select the Chapter, then select Section and filter the subheading to finally get the product code. For example, HSN code for Chana Roasted is 19.04. 10.90 where 19 is the Chapter, 04 is the Section, 10 is the subheading and 90 is the product.

How do I find my 8 digit HSN code?

In the 8 digit structure of an HSN Code, the first 2 digits define the Chapter, at 4 digit level are the headings, at 6 digit are the subheadings and finally at 8 digit are the tariff items….Frequently Searched:

  1. Cement.
  2. Battery.
  3. Furniture.
  4. Rice.
  5. Sugar.

Is 8 digit HSN code mandatory?

HSN codes of 8 digits are mandatory only in case of export and imports of goods. A registered person having aggregate turnover up to Rs 5 Cr in the previous FY may not mention the number of digits of HSN Code in a tax invoice issued by him under the said rules in respect of supplies made to unregistered persons.

How do I find my 6-digit HSN code?

  1. The first two digits (39) indicates the chapter under HSN codes.
  2. The next two digits (08) indicates the headings under chapters.
  3. Next 2 digits (90) indicate the sub-headings, 6 digits HSN code is accepted worldwide.
  4. The next 2 digits (20) sub-classify the product tariff heading during import and export of supply.

Is 6-digit HSN code mandatory?

As per the said notification, registered taxpayers with aggregate turnover in the preceding financial year exceeding INR 5 crores would be required to issue invoices basis 6-digit HSN code instead 4-digit HSN code. All TR Suppliers in India will have to comply with the aforesaid requirement.

Who can use 8 digit HSN code?

What is HSN code of mobile phone?

8517
GST rates for mobile phones is 18% and the HSN code is 8517.

Who can use 6-digit HSN code?

Is HSN mandatory from April 2021?

From 1 April 2021, it has become mandatory to report a minimum of 4 digit or 6 digits HSN (Harmonized System of Nomenclature) Code in Tax Invoice and Table-12 of GSTR-1. Earlier taxpayers needed to provide HSN-wise invoice value.

Who can use 4-digit HSN code?

This is applicable for SAC (Service Accounting Code) on the invoices issued for supplies of taxable goods and services. A taxpayer having turnover of upto Rs 5 crore in the preceding financial year is required to furnish 4 digits HSN code on B2B invoices.

What percentage of mobile is GST?

18%
At present, the GST rate on mobile phones is 18%.