WebApr 11, 2024 · Space transport services of freight : Heading 9967 : Supporting services in transport : Group 99679 ... Section, Heading, Group or Service Code (Tariff) Description of Services : CGST Rate (%) IGST Rate (%) ... A received GTA Services from an Corporate Entity, of Rs. 50,000 taxable at the GST rate of 5%. In this case the Accounting entry will ... WebAug 24, 2024 · The usage Of HSN code for GST. The HSN code under GST of six digit forming an uniform code helps in classifying over 5,000 products and is accepted worldwide. The GST HSN helps in taxation purposes in identifying the HSN code wise GST rate applicable to a product in a country. The HSN code under GST is also used to determine …
Service Provider of Air Freight Import & Air Freight Outbound by …
WebJan 20, 2024 · Freight and forwarding HSN code. As per GST rules, in case of a composite supply the HSN code and rate of tax of the bundled service should be the same as those of the principal supply. What happens when we are supplying two separate products with two different codes (not a mixed supply since we aren't charging a consolidated price for … WebJan 9, 2024 · The HSN code is a six-digit number that is used to identify the type of goods being traded. The HSN code is used to facilitate trade by helping to ensure that goods … the hotlands
Showing Result for "FREIGHT GST HSN CODE" - KnowyourGST
WebThe HSN CODE FOR Goods Transport Services is 9965 The full form of HSN Code is Harmonized System of Nomenclature. It was introduced in 1988 by the World Customs … WebAug 3, 2024 · Next 2 digits (90) indicates the sub-headings, 6 digits HSN code is accepted worldwide. The next 2 digits (10) sub-classify the product tariff heading during import and export of supply. The use of HSN codes allows you to save time and money during GST filing, by filling the HSN codes it allows automation in GSTR. WebJul 11, 2024 · To configure this, Go to Accounts Information > Groups > Create > Sales Group (Select the ledger group for which you want to set up HSN code) > Set alter GST … the hotline group ltd