The GST reporting of HSN codes in Table 12 of GSTR-1/1A is being updated as per phased implementation. Under Phase 3, effective February 2025, taxpayers with an Aggregate Annual Turnover (AATO) of up ...

With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose international product nomenclature ...

The HSN code framework is the backbone of India's GST system. Accurate HSN code usage is crucial for businesses. It ensures compliance, improves operational efficiency, streamlines administration, and ...

HSN Code for GST: The code covers a wide range of products, including goods, commodities, and services. GST HSN Code List: HSN or Harmonized System of Nomenclature is an internationally recognized ...

https://www.thehindubusinessline.com/economy/phase-iii-of-hsn-code-reporting-in-gstr-11a-to-roll-out-from-february/article69130397.ece Copy To ensure accuracy and ...

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. It is categorised into different slabs like 5%, 12%, 18%, and 28%. Knowing GST rates ...

India's revised GST structure, effective today, reduces taxes on nearly 400 goods and services, including food, automobiles, ...

As the diamond industry continues to grow and evolve, understanding the current Goods and Services Tax (GST) rates and the associated HSN (Harmonized System of Nomenclature) codes is essential for ...