Under the India GST law, all goods transacted in India are classified under Harmonized System of Nomenclature (HSN) code. HSN codes are used for taxation purposes in identifying the rate of tax applicable to a product.
Similar to HSN codes, SAC codes are defined for each type of service provided. It is a unified code for recognition, measurement, and taxation.
Click on the New India tax HSN and SAC codes for GST
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