SAC

FAQs on HSN/ SAC Codes in GST which will be Mandatory from 1st April 2021

GST / By CA Shalini Passi / March 29, 2021 March 29, 2021 / BUSINESSES GST, GST, HSN, SAC

HSN stands for Harmonised System Nomenclature is a code used for classifying the goods under GST Act. It is an internationally standardized system of names and numbers used to systematically classify goods all over the world. HSN is an 8-digit code.

Changes in GST from 1st April 2021 You Must Know

GST / March 26, 2021 March 26, 2021 / EXPORT, EXPORTERS, GST, GSTN, GSTN PORTAL, GSTR, GSTR-1, HSN, SAC

While taking ITC on purchases and other expenses, kindly verify that supplier has mentioned HSN/ SAC code in invoice as required. If HSN/ SAC Code is not mentioned in invoice, then ITC will not be available.

SAC Codes with GST Rates

GST / March 13, 2021 March 13, 2021 / GST, INDIRECT TAXATION, SAC, SERVICES UNDER GST

SAC Codes (Services Accounting Codes) with GST Rates (as on 30/06/2020)