Indian Context

Indian Context

Dated : 10 Sep, 2018

Posted In : Other News


HSN in Indian context:

The new generation, GST module in India is designed for syncing only with the HSN codes and every product or service will get classified accordingly. Although, the Central Excise and Customs department has been using since 1986, however, the new GST regime has 2 more digits added to it, giving it furthermore clarity. The Indian businesses will use a 3 layered HSN configuration.



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