Business owners and service providers must accurately determine the HSN code or SAC code applicable to their products or services. These codes must be correctly
Introduction Since GST (Goods and Service Tax) was introduced in India, both entrepreneurs and end customers have divided opinions regarding its benefits and losses. However,
HSN codes and product classification are extremely important for accurate E-waybill documentation while playing a crucial role in taxation and international trade. We explore here
Approximately 300 million individuals are attempting to initiate around 150 million businesses globally. Given a startup success rate of about one-third, it can be estimated
Embarking on the journey of classifying chemical products with the right Harmonized System of Nomenclature (HSN) code can feel like navigating through a dense forest
Harmonised System of Nomenclature, or HSN codes, are six-digit identification codes that categorize goods in international trade. It was in 1988 that the World Customs
The Harmonized System of Nomenclature (HSN) has simplified the process of classifying goods and services for taxation purposes. In India, the uniform code helps organize
The harmonization of state codes across different states is essential for the greater good of India. We will also be reading about the challenges and
All goods and services subject to taxation in India are classified using an international classification system. Harmonized System of Nomenclature or HSN is the system
For a more efficient international trade system, proper classification of goods is crucial. The classification not only helps in identification but can also come in
India has been a member of the World Customs Organization since 1971 and has used the 6-digit Harmonized System of Nomenclature codes to classify goods
The 42nd GST Council meeting was conducted virtually on October 5, 2020, with Smt. Nirmala Sitharaman, the Finance Minister, serving as chairperson. Along with senior
Harmonized System of Nomenclature (HSN) codes offer a uniform item classification system essential to global trade and business. Adopted by numerous nations globally, these codes
Stakeholders in international trade, governments, and enterprises can benefit from adopting and using Harmonised System of Nomenclature (HSN) codes. Products can be categorised systematically and
Introduction The HSN code or Harmonized System Nomenclature is a globally accepted six or 8-digit product classification method used for trading purposes. It is maintained
Introduction The Harmonized System of Nomenclature (HSN) designations serve as a standardized product classification system essential to international trade. The World Customs Organization (WCO) created
GST Registration is one of the most crucial registration and a business entity is not allowed to operate without GST registration, wherever applicable. Goods and
परिचय जब से भारत में जीएसटी (वस्तु एवं सेवा कर) लागू किया गया, उद्यमियों और अंतिम ग्राहकों दोनों ने इसके लाभ और हानि के बारे
Construction services play a crucial role in India’s economic framework, representing a substantial sector that makes an approximate 9% contribution to the nation’s GDP. GST,
Every regular taxpayer under Goods and Services Tax (GST) in India is required to file GSTR-9. This is particularly true for taxpayers whose annual turnover
LOGO INFOSOFT BUSINESS TECHNOLOGY PVT. LTD.
Second Floor, Raghu Leela Mall Arcade
Vishwaroop Infotech Pvt. Ltd.
Plot No 34, 35, 38, Next to Mc Donald’s
Vashi, Navi Mumbai, Maharashtra 400703
Quick Links
Feature
Resources
© Copyright Logo Infosoft. All Rights Reserved