FAQs News: With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN.

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

The ministry said manufacturers and importers/exporters have been commonly using HSN Codes. Manufacturers were furnishing these codes even in the pre-GST regime.

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 ...

Those with turnover of up to ₹5 crore in the preceding financial year would be required to mandatorily furnish four-digit HSN code on B2B invoices.