GST is the new Indirect tax implemented in India from 1st July 2017. It has been six months since the new tax regime has come into existence. Today we will share an Excel sheet & PDF with Complete Gst rate ,HSN & SAC Codes for Downloading.
GST has subsumed all other Indirect taxes and became common tax system for goods and services. Both goods and services have been categorised and sub categorised by Sections, Chapters,Headings,Sub headings for the easy identification and one can arrive HSN /SAC Codes using these classifications.
HSN Code : HSN code is for goods, and a system of nomenclature invented internationally. Now then India Government has implemented this International codes to Indian Goods and service tax regime. You can Down load the HSN codes along with goods description and tax rate below.
SAC Code : SAC Code is Service accounting codes developed by Central Board of Excise And Customs (CBEC),Was in use with service tax and now the same coding system is implemented with GST For accounting services.
GST rates : The GST rates has been decided by GST council headed by Union Finance Minister . The 23 rd Gst council meeting held on 10 Nov 2017 has made a lot of changes in GST rates. We have included this rate changes in this excel sheet.