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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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.
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Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain good amount of knowledge that I can apply in my future opportunities.
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Fazlurrahman Khan
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I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
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Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
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Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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