What are CGST, SGST, IGST?

Definitions: SGST : State GST CGST : Central GST IGST : Integrated GST GST is levied in two forms on the services offered, based on the location of the supplier (Society) and the location of the Customer (Members / Non-Members). If both supplier and customer are from same state, the […]

What is HSN Code & SAC?

HSN is short form for Harmonized System of Nomenclature – a mechanism to uniquely classify and number supplies across the world in a systematic and logical manner. Internationally it is a 6 digit code. In India it is an 8 digit number (2 more digits are added). SAC is Service […]