What is HSN Code in international trade and how to add it to GST portal? HSN Code Finder: The code follows a hierarchical structure, where the first two digits represent the chapter, the next two ...

The HSN code classifies goods into more than 5,000 commodity groups. It is a numerical code assigned to each product or commodity and consists of a six-digit code ...

GSTN implements Phase III of HSN code reporting for accurate GST compliance, enabling detailed reporting and curbing tax evasion effectively.

The Goods and Services Tax Network (GSTN) will initiate Phase III of mandatory harmonized system of nomenclature (HSN) code reporting next month. This move aims to enhance the accuracy and consistency ...

The Goods and Services Tax Network (GSTN) announced significant updates in May 2025, focusing on compliance and process improvements. Phase-III of mandatory HSN code reporting in GSTR-1/1A requires ...

Changes in GSTR-1 reporting-Phase 3 According to the advisory, "In this phase manual entry of HSN has been replaced by choosing the correct HSN from the given Drop down.

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

Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services from April 1, the finance ...