What is HSN Code and Why It is Important for GST?
What is HSN Code and Why It is Important for GST
Dear friends,
Today’s post will provide accurate knowledge on What is HSN Code is and Why it is Important for GST. Here I have tried my best to know about both codes and their uses. So let me discuss both types of codes….
Friends, as you know that it has been more than 3 years since the implementation of GST, but still there is confusion in the minds of people regarding many things related to it. Before proceeding further let us understand what is GST. Read here more important post challenges facing youth today.
The GST is a composite tax system. Earlier, where businessmen had to pay many different types of taxes, after the introduction of the GST, only one tax has remained. GST is the name of this tax system.
Goods and Services Tax is the full form of the GST. The GST and the HSN are the codes that are related to each other. Know how the GST and the HSN codes are related to each other. By now you must have understood the means of GST very well. Now let us understand about HSN code or Hassan code.
