I got bill from Party its for Labour charge for Powder coating they have mention HSN code on it . I have confusion it it will come on under good or service & if service what will sac code. please guide.
SAC stands for Service Accounting Codes which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.
How does HSN code work under GST system in India?
HSN stands for Harmonized System of Nomenclature which is internationally accepted product coding system used to maintain uniformity in classification of goods.
The above information is about the difference between SAC code and HSN code under GST in India.
Regards
Mohan Jha
SAC stands for Service Accounting Codes which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.
How does HSN code work under GST system in India?
HSN stands for Harmonized System of Nomenclature which is internationally accepted product coding system used to maintain uniformity in classification of goods.
The above information is about the difference between SAC code and HSN code under GST in India.
Regards
Mohan Jha