HSN code classification under GST: digit detail depends on taxpayer turnover and services use SAC for classification. Goods are classified under GST using HSN and services using the Services Accounting Code (SAC). Invoice obligations for goods are tiered by taxpayer ... Summary
HSN code classification under GST: digit detail depends on taxpayer turnover and services use SAC for classification.
Goods are classified under GST using HSN and services using the Services Accounting Code (SAC). Invoice obligations for goods are tiered by taxpayer turnover: small taxpayers need not mention HSN, while larger taxpayers must disclose HSN at a prescribed digit level corresponding to their turnover band.
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