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Understanding HSN Code Structure by ishika SHANDILYA is a document available to read on EtoBox.

The HSN code is a 6-digit code that classifies over 5,000 products into a logical structure. It is widely used for taxation purposes to identify tax rates for specific products being imported or exported by a country. The HSN code structure contains 21 sections, 99 chapters, and over 5,000 subheadings. In India, an 8-digit HSN code is required for tax invoices and customs paperwork. HSN codes help governments evaluate trade and make policy decisions.

Author
ishika SHANDILYA
Language
EN