GST HSN Code and New Tax Rate List in India

Advantages of GST HSN Code

What are the benefits of the GST HSN Code?

1. GST HSN Code is Simplified the Tax system
2. Reduction in prices of goods and services due to elimination of cascading
3. Uniform prices throughout the country
4. Transparency in the taxation system
5. Increase in employment opportunities

What are the GST Tax regime and its turnover?

How much turnover for HSN code list details: HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods under the GST regime. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use a 2-digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use a 4-digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices. Services will be classified as per the Services Accounting
Code (SAC)

Who will fix GST rates?

The CGST and SGST would be levied at rates to be jointly decided by the Centre and States. The rates would be notified on the recommendations of the GST Council.

GST HSN Code Search Tool

How to check the HSN code list?

We have explained to check or search the GST HSN Code in a simple manner…

How to download GST HSN Code as PDF and Excel Sheet?

You can download the complete details of the GST HSN SAC Code List with Tax Rates as a PDF and Excel Sheet easily from the direct links given below…

HSN Code List for GST in India in Excel Free Download – Click Here

GST Weekly Update (08.01.2022)

The gross GST revenue collected in December 2021 is Rs. 1,29,780 crore of which CGST is Rs. 22,578 crores, SGST is Rs. 28,658 crores, IGST is Rs. 69,155 crores (including Rs. 37,527 crores collected on import of goods) and Cess is Rs. 9,389 crores (including Rs. 614 crores collected on import of goods).

GST Refund Update on 5.2.22

Aadhaar authentication made mandatory for filing of refund of IGST paid on export of goods and filing of refund application in Form RFD-01 in other cases

Now, GST System will transmit the export invoice details of the taxpayer to ICEGATE for processing the IGST refund only if Aadhaar authentication or uploading of e-KYC documents has been successfully done. Therefore, the system will not transmit export invoice details to ICEGATE if the taxpayer has not undergone Aadhaar authentication or uploaded e-KYC documents (to mandatorily include Aadhaar enrolment ID).

Similarly, the taxpayer will now not be able to file applications for refund in Form RFD-01, in case they have not undergone Aadhaar authentication or uploaded e-KYC documents (to mandatorily include Aadhaar enrolment ID). In case such taxpayers initiate an application for a refund, they will be displayed suitable error messages.

Click to view more details www.cbic.gov.in

HSN Code List PDF 2022 | HSN Code List under GST | New HSN Code List CBIC | 8 Digit GST HSN Code List

All HSN Code List

GST HSN Code Number starting with 0

GST HSN Code List

GST HSN Code Number starting with 1

HSN Code List with GST Rate

GST HSN Code Number starting with 2

HSN Code List India

GST HSN Code Number starting with 3

HSN Code List for GST in India

GST HSN Code Number starting with 4

List of HSN Code in GST

GST HSN Code Number starting with 5

GST HSN Code List

GST HSN Code Number starting with 6

HSN Code with GST Rate

GST HSN Code Number starting with 7

GST HSN Code

GST HSN Code Number starting with 8

HSN Code List 2022

GST HSN Code Number starting with 9

HSN Code Number

What is the classification of the HSN Code?

In the 8 HSN digits, the first two digits indicate the Chapter and the next four digits are indicating the headings and next six digits are indicating the subheading and finally the eight digits are indicating the Tariff for the product.

what is the meaning and full form of GST in India?

The full form of GST is the ‘Goods and Services Tax’ and the meaning of GST is that the new tax system was introduced for replacing the old indirect taxes imposed by the State and Central Government on the supply of goods and services.