GST HSN Code List Updated 2024
HSN stands for “Harmonized System of Nomenclature” which was developed by the World Customs Organization (WCO). WCO’s main objective for introducing HSN codes is to classify all the goods systematically.
It clears the confusion and helps in domestic and international trade between the countries. More than 20,000 goods are traded using HSN codes across the world between countries. More than 90% of world trade is done WCO using the revised HSN codes. India is also included in the community by accepting the HSN codes procedure.
GST HSN Code Applicability Criteria
The use of HSN codes is mainly for dealers and trades. They must adopt 2 digits, 4 digits, and 8 digits HSN codes depending upon the following criteria.
- If the business turnover is less than Rs.1.5 crores then there is no need of adopting the HSN codes.
- If the business turnover is between Rs.1.5 Crs to Rs. 5 Crs then, they must adopt 2-digit HSN codes for the business trades.
- If the business turnover is above Rs.5 Crs then, they must adopt 4-digit HSN codes for the business.
- In the case of Import and export dealings and international trades, one must adopt 8-digit HSN codes for business trades.
GST Latest HSN Code List – How to Download
The process to search Latest HSN code is given below.
Step 1: Visit the Goods and Services Tax official website https://www.gst.gov.in.
Step 2: At the home page, go to the services category and click “Search HSN Code“.
Step 3 : Direct Link https://services.gst.gov.in/services/searchhsnsac.
Step 4: Enter HSN Chapter by Name or Code and Click on “Search” button then HSN Code will open.
Latest HSN Code List in Excel
Download HSN Codes List in excel format from the below link
https://tutorial.gst.gov.in/downloads/HSN_SAC.xlsx
You can download the GST HSN Code List in PDF format online from the link given below.
