What is an HSN Code? Explained in 2 Minutes | HSN vs SAC, Invoice Digits, Penalty

Описание: The HSN code on your GST invoice decides your tax rate, and a wrong one can cost you up to ₹50,000. Here's everything you need to know in two minutes.

In this video:
✅ What HSN stands for: Harmonized System of Nomenclature
✅ How the 2-4-6-8 digits work (example: cement, 2523 29 10)
✅ HSN vs SAC: goods vs services
✅ How many digits your invoice needs, by turnover
✅ The penalty for a wrong or missing HSN
✅ How to find any code in seconds with BooksOn HSN

Chapters:
00:00 Why this number matters
00:09 What HSN stands for
00:24 How the digits work
00:50 HSN vs SAC
01:03 Digits on your invoice
01:20 Wrong HSN: the penalty
01:35 Find any code in BooksOn HSN
01:51 Download

📲 BooksOn HSN: free, works offline, in English, தமிழ் and हिन्दी
▶ Google Play: https://play.google.com/store/apps/de...
▶ Galaxy Store: https://galaxystore.samsung.com/detai...

💬 Which product's code confuses you? Tell us in the comments and we'll cover it next.
🔔 Subscribe for twice-weekly GST explainers for business owners, CAs and tax practitioners.

⚠️ General information, not professional advice. Verify against the CBIC notification before you invoice. BooksOn HSN is a search aid by ARISHIMETO Technologies Private Limited, not a government app.

#HSNCode #GST #SACCode #GSTIndia #GSTRate #CharteredAccountant #TaxPractitioner #SmallBusiness #BooksOn