India and a few other countries utilise eight-digit numbers for deeper classification in order to better identify commodities. For example, the HSN code for ferro-phosphorus under other ferro-alloy items is 72.02. 99.11.
Taxpayers having an annual aggregate revenue of more than Rs. 5 crore must now reveal six digits of the HSN code on all tax invoices, according to the amended declaration. The prior financial year's turnover must be considered.
HSN / SAC code of 4 digits is essential for all B2B tax invoices and optional for B2C tax invoices on supplies of Goods and Services for taxpayers whose aggregate Turnover is up to Rs. 5 crores in the preceding Financial Year.
The following is how it works in the code: A two-digit HSN number is assigned to each Chapter. A four-digit HSN code is created from each two-digit HSN number. These four-digit HSN codes are later subdivided into the six-digit HSN code.
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Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
Abhay chaturvedi
5
Very nice 👍❤️
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Anuj Tyagi
5
This course is Good and the way of teaching is also good. Every minor details are provided in an easy way.
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Mohammad Zafar Khan
5
awesome
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Prabhat Yadav
5
Superb and amazing 😍🤩 enjoyable experience.
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Tejaswini Chikane
5
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Akash Kumar Parashar
5
Sir what will be the CBM of a drum having 14*22" and weight 25Kg and no of drums is 40 ?
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Subhash Rajput
5
Star hiro
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Sumant Andhare
5
Very informative course
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Himanshu Kulshreshtha
5
Dear Sir,
Myself Himanshu Kulshreshtha and I have attended the training The Export Import Course from https://www.learnvern.com. I am highly thankful for the training that I have received.
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