How to find HSN of any goods, rate of duty, classification of goods - CA...
The classification rules or general interpretative rules from Rule 1 to Rule 6 helps to find HSN code of any goods. HSN is also called Indian Trade Classification. WTO says it is international language of goods and it is fixed at 6 digit code. But country have the right to add two more digit and India follows 8 digit trade classification.
First two digit is Chapter
Four digit is Heading
Six digit is Sub-Heading
Eight digit is tariff item.
The eight digit classification helps to find
Custom rate of duty
Import policy
Export policy
GST rate of goods
DBK rates
Export incentives
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