About GST HSN/SAC Code
it is easy to calculate GST Tax rate Calculator using HSN Code for business. No GSTIN or provisional profile id is required from CBEC gov in nor download the Provisional Registration Certificate required.
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.
GST- Goods & Services Tax, levied both on Goods and Services.
Every business is required to declare list of goods they are dealing into. This declaration is required along with the HSN code of such commodity. 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 enrolment or registration under GST india using aadhar card.
HSN- Harmonized System of Nomenclature, which is internationally accepted product coding system used to maintain uniformity in classification of goods under the GST regime.
SAC- Service Accounting Codes, which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.
Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2 digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4 digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices.
Brought to you by Winjit Technologies, this app helps you know more about various terms and concepts related to GST. The app consists of all the important documents and pdf released by the govt. regarding GST.
HSN & SAC Codes are very much important for GST.
If you find useful this app then don’t forget to rate it, review it and share with your family and Friends.
Thank you & Enjoy..
Download and install
GST HSN/SAC Code version 1.1 on your
Android device!
Downloaded 1,000+ times, content rating: Everyone
Android package:
stylishphoto.gsthsncode, download GST HSN/SAC Code.apk
by D####:
Worst ever