HSN Code, or Harmonized System of Nomenclature, is a global classification system for goods, essential for GST compliance and international trade.
HSN Codes ensure accurate GST filing, applicable tax rates, and smooth customs clearance for international trade transactions.
Use tools like the Pice HSN Code Finder, where you can search by product name, HSN code, or product category to get the correct classification and GST rates.
Yes. As per GST rules: Businesses with turnover up to ₹5 crore must use 4-digit HSN codes. Businesses with turnover above ₹5 crore must use 6-digit HSN codes. For exports and imports, 8-digit HSN codes are mandatory.
Incorrect HSN codes can lead to GST compliance issues, input tax credit errors, customs delays, and penalties.
HSN codes classify goods. SAC codes (service accounting codes) classify services for accurate taxation.
HSN Code structure: First 2 digits: Chapter (broad category). Next 2 digits: Heading (specific category). Next 2 digits: Subheading (detailed classification). Additional digits for deeper classification.
In India: 4-digit codes for small businesses. 6-digit codes for large businesses. 8-digit codes for international trade.
Yes, 8-digit HSN codes are mandatory for import and export transactions to meet customs and international trade regulations.
Yes, enter your product name in the Pice HSN Code Finder to find corresponding codes, GST rates, and further classifications.
The first six digits of HSN codes are uniform worldwide. Additional digits are added by individual countries like India for detailed classification.
Businesses, customs authorities, and tax departments use HSN Codes for accurate GST returns, customs paperwork, and trade compliance.
No, services are classified under SAC Codes (Service Accounting Codes) instead of HSN.
Disclaimer
The HSN code information is sourced from the NIC's GST e-Invoice system master codes. Government updates may cause variations in the data. Incase you notice any data discrepancies, feel free to mail Pice for any corrections.