HSN Code Finder
Find HSN Code or ITC HS Code and their GST Rates for your product with our HSN Code Search Tool. Search by either product name or HSN Code. Use a category list as an alternative way to get to your product's HS code.
Introduction to HSN Code
The Harmonized System Nomenclature (HSN) Code is an internationally standardized system developed by the World Customs Organization (WCO) for the classification of goods. The primary objective of the HSN Code is to facilitate the smooth and uniform classification of products across countries, which helps in ensuring consistent and transparent trade practices globally.
How to Determine the Correct HSN Code
Tools and Resources for HSN Code Lookup
Various online tools and government portals provide HSN Code lookup services, which help businesses in determining the correct classification for their products. These tools simplify the process of finding the appropriate HSN Code, thereby ensuring accurate tax calculation and compliance.
Common Mistakes in HSN Code Classification
Misclassifying products under incorrect HSN Codes can lead to several issues, including incorrect tax calculations, compliance problems, and potential legal consequences. Businesses should be cautious and thorough when classifying their products to avoid such mistakes.
Frequently Asked Questions (FAQs) about HSN Code
- What is the difference between the HSN Code and the HS Code?
HSN Code and HS Code are often used interchangeably. HSN Code is the expanded form of HS Code, providing a more detailed classification system for goods.
- How to find the correct HSN Code for a product?
You can find the correct HSN Code using online lookup tools, government portals, or by consulting with a tax professional.
- What are the penalties for incorrect HSN Code usage?
Incorrect HSN Code usage can lead to fines, penalties, and legal consequences.
- How is the HSN Code different from the SAC (Service Accounting Code)?
HSN Code is used for classifying goods, while SAC is used for classifying services under GST.
Digital Transformation and HSN Code
Automation in HSN Code Classification
Automation tools help businesses accurately classify products under the correct HSN Codes, reducing the risk of errors and ensuring compliance with tax regulations.
Role of AI and Machine Learning in HSN Code Management
Artificial Intelligence (AI) and Machine Learning (ML) technologies enhance the accuracy and efficiency of HSN Code classification and management. These technologies can process large volumes of data quickly and accurately, helping businesses maintain compliance.
