Table of Contents
What is the HSN code for training services?
SAC Code 999293 – Commercial training and coaching services. SAC Code 999294 – Other education and training services n.e.c. SAC Code 999295 – services involving the conduct of examination for admission to educational institutions. SAC Code 999299 – Other Educational support services.
What is the GST for training courses?
Section 38-85 of the GST Act provides that the supply of an education course is GST-free.
What is HSN code example?
India has 2 more digits for a deeper classification. If the handkerchiefs are made from a man-made fibre, then the HSN code is 62.13.90.10. If the handkerchiefs are made from silk or waste from silk., then the HSN code is 62.13.90.90.
Is there GST on online courses?
As of today, online courses are not explicitly exempted from GST. These services are taxable at the rate of 18\% ( 9\% CGST + 9\% SGST).
Which education courses are GST-free?
The supply of an ‘education course’ is GST-free under section 38-85 of the GST Act. The definition of an education course includes: pre-school and primary school courses delivered in accordance with a curriculum by a recognised school….
- Stamp duty;
- Motor vehicle registration fees; and.
- Compulsory third party insurance.
How to refer to an HSN code for a product?
The HSN book for referring to an HSN Code for a product is organized into following, by which one can make a quick reference to the HSN Code for the product he is searching for: These are arranged in order of a product’s degree of manufacture or in terms of its technological complexity.
What is the use of HSN code in GST?
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.
What is HS code in India?
HS Code is also known as HSN Code in India. Goods are classified into Harmonized System of Nomenclature or HSN. It is used up to 8 digit level. For HSN Code search of your product in India, click on HSN Code List India 2017.
What is the HSN code for handkerchief in India?
The HSN code for the product is 62.13.90, where 90 is the product code for handkerchiefs made of other textile materials. For a deeper classification, Indian GST has 2 more digits to these commodities.