The Goods and Service Tax Networks (GSTN) observed that finding the corresponding HSN codes vis a vis a common description on the GST portal was a bit challenging for the taxpayers. To ameliorate this ...
Under the Goods and Services Tax (GST) framework, multiple reforms have been introduced to streamline compliance and enhance tax reporting accuracy. One notable change is the requirement to include ...
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 ...
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 ...
A taxpayer having turnover of upto Rs 5 crore in the preceding financial year is required to mandatorily furnish 4 digits HSN code on B2B invoices. DNA Web Team Updated : Apr 09, 2021, 07:36 PM IST | ...
India's revised GST structure, effective today, reduces taxes on nearly 400 goods and services, including food, automobiles, ...