hsn and sac

SAC code and HSN code under GST in India


What does SAC code mean?


SAC stands for Service Accounting Codes which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.


How does HSN code work under GST system in India?


HSN stands for Harmonized System of Nomenclature which is internationally accepted product coding system used to maintain uniformity in classification of goods.


The above information is about the difference between SAC code and HSN code under GST in India.

 

HSN - Harmonised System of Nomenclature is the code used for classification of GOODS

SAC - Service Accounting Codes used for classification of SERVICES

HSN Code: HSN stands for Harmonized System of Nomenclature which is internationally accepted product coding system used to maintain uniformity in classification of goods.

SAC: SAC stands for Service Accounting Codes which are adopted by the Central Board of Excise and Customs (CBEC) for identification of the services.

You can also search HSN/SAC codes and GST rates for any taxable goods and services.