HSN Code in GST

[Gopal B]

Dear Sir,

What is HSN Code under GST ? Is Excise Tariff & HSN code is same or different for pharmaceutical products.

Pls reply at the earliest.

Thanks

[DR.MARIAPPAN GOVINDARAJAN]

It will be different.

[Rajagopalan Ranganathan]

Sir,

Pharmaceuticals will be classifiable under headings 3001 to 3006. This is for finalising fitment of rates. Detailed schedule will be published shortly like Excise Tariff.

AI Summary

HSN Code under GST clarified as distinct from Excise Tariff; pharmaceutical classifications and rate fitment to follow.
HSN Code under GST is distinct from the Excise Tariff; pharmaceutical products will be classifiable for GST rate fitment within headings 3001 to 3006, and a detailed schedule will be published to finalise classifications and rates.