HSN Codes

HSN or Harmonized System of Nomenclature is a universal system of nomenclature of goods classification code. It is mandatory in regard to GST and it assists in systematizing of the product details and taxing rates in the invoices, returns, and audits. You will be able to insert a new HSN code by the corresponding button marked Add and correct an existing one by the Edit button in the system. The process also enhances business efficiency and enables the correct treatment of tax as codes are kept correct.