ERP glossary · Accounts
What is HSN code?
Definition
An HSN code is the Harmonised System of Nomenclature number that classifies a product for GST and decides its tax rate.
Indian GST invoices must show the HSN code of each item, with the number of digits depending on the seller's turnover.
HSN code in IndustryX
In IndustryX, the HSN code is kept on the product master, ready for GST invoices.
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