GST HSN Code

GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. It is to streamline all the different types of indirect taxes and implement a “single taxation” system which aims to remove tax barriers between states and create a single market.

Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. So, Every business is required to declare list of goods they are dealing into. 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%.

HSN- Harmonized System of Nomenclature, which is internationally accepted product coding system used to maintain uniformity in classification of goods under the GST regime.HSN Code or Harmonized System Nomenclature code number is an internationally adopted commodity description and coding system developed by the World Customs Organization (WCO). HSN code is used by more than 200 countries as a basis for their customs tariffs.

System will automatically pick tax rate under GST(Goods and Services Tax) regime based on these HSN codes. Thus it is of utmost importance to mention correct HSN codes at the time of registration under GST.

GST HSN Code app will help you to find the HSN code and also Guide about GST percentages. Just search for your product or industry and instantly find your HSN. You can find all 5000+ records for GST HSN Code. Easily know HSN code of products for sale, purchase or manufacture.