#Dossier discount code code#

#Dossier discount code code#

The HSN code is an abbreviation for the World Customs Organisation's (WCO) Harmonised System of Nomenclature, which went into effect in 1988. Note: Precious metals like gold are exempted and placed under the 3% slab. 28%: Under this tax slab, 28% tax is charged on the goods or services used.18%: Under this tax slab, 18% tax is charged on the goods or services used.12%: Under this tax slab, 12% tax is charged on the goods or services used.5 %: Under this tax slab, 5% tax is charged on the goods or services used.NIL: No tax is charged on the goods or services used.The GST rates are fixed under five slabs:

The Goods and Services Tax (GST) is a single tax, but given the sheer number of basic commodities and services, they are classified into different GST slabs or have different GST tax rates. GST is the result of combining all central taxes, such as sales tax, excise duty, surcharges, cesses, state VAT, luxury tax, purchase tax, entertainment tax, and so on into a single tax. It is a unified tax structure that eliminates all prior state and central taxes. The Goods and Services Tax (GST) is a value-added tax imposed almost on all commodities and services that can be purchased for domestic consumption and used within the country.

GST rates have been set in five classes called slabs which are predicated on the HSN or SAC codes. Goods are categorised using the HSN Code, while services are categorised using the SAC Code. All goods and services exchanged in India are categorised as part of the SAC code system or the HSN code system under GST.