HSN Code list, Find GST HSN Codes, Download HSN Code List

HSN stands for Harmonized System of Nomenclature which is internationally accepted product coding system used to maintain uniformity in classification of goods and SAC stands for Service Accounting Codes which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.

What is HSN Code?

HSN (Harmonised System of Nomenclature) code shall be used for classifying the goods under the GST regime. Taxpayers whose turnover is above Rs. 1.5 crores but below Rs. 5 crores shall use 2 digit code and the taxpayers whose turnover is Rs. 5 crores and above shall use 4 digit code. Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices.

In Simple Words

The Harmonized Commodity Description and Coding System generally refers to “Harmonized System of Nomenclature” or simply “HSN”. It is a multipurpose international product nomenclature developed by the World Customs Organization (WCO). It first came into effect in 1988.

• HSN or HS (Harmonized Commodity Description and Coding System) is developed by World Customs Organization (WCO).
• All goods are classified based on these codes.
• It is an internationally accepted product coding system.
• Presently in India this system is used for classification of goods under Customs and Central Excise since 1985.
• This system is would continue under the GST regime as well.

HSN in GST

HSN codes to be declared

• These HSN codes must be declared in every tax invoice issued by the taxpayer under GST.
• The turnover for previous year will be considered as a basis to find out number of HSN digits to be used.

All 8 digits of HSN code is mandatory in case of export and imports under the GST.

Is it compulsory to mention HSN Codes or SAC?

The Board/Commissioner by notification may specify the number of digits of HSN code for goods or Accounting Code for Services that a class of registered persons shall be required to mention, for such period as may be specified in the said notification

Is HSN code for goods or accounting code for service relevant for payment of tax?

The format of challan does not contain column to disclose the HSN code or the accounting code, therefore, it is not relevant for payment of tax.

Why are exemptions to fruits and vegetables given HSN chapter-wise instead of blanket exemption?

Since HSN based classification is adopted, exemption must be clearly provided so that even minor differences do not cause distortion in the scope of any exemption. For example, leguminous vegetables may need to be exempted when dried and supplied but other vegetables may need to be exempted when they are fresh or chilled.

Recommended

• Accounts and Records
• Composition Scheme
• Input Tax Credit GST
• Anti Profiteering Mechanism

GST HSN Code list by Chapter Wise

If you want to know more about the GST HSN Codes, please check Chapter Wise GST HSN Code lis from the below table.