GST Inventory Software | HSN / SAC Codes

This will help you prepare list of HSN Codes.
Preparation: Keep a list of HSN codes for your products.

• For ZERO TAX Items prepare HSN code with IGST as 0 (zero)
• For EXEMPTED ITEMS prepare HSN Code with IGST as -1 (minus one)
• For NON-GST ITEMS prepare HSN Code with IGST as -2 (minus two)

Data will be appropriately taken in GSTR1 accordingly.

How to prepare Master database of HSN Codes:

• Enter User defined code and HSN Code. User defined code is required as multiple tax rates are possible for same HSN code.
• Enter IGST, SGST, CGST and Cess for that HSN Code.
• Note that IGST is equal to GST while SGST and CGST are just half of GST.
• Enter data in the fields and click “Save” to save the record. The new record will be displayed in the grid.
• To modify or delete first click “Edit / Delete Search ON” check box.
• To search data, type initial characters in the name field and click “Search”.
• To update a record, click in the grid so that the record will be filled in the text boxes. Change as required and click “Update“.
• To delete a record, select from the grid and click “Delete”. Delete will be allowed only if HSN code is not linked to any product.

IMPORT from EXCEL sheet.

• A sample excel sheet is provided for importing HSN Codes directly from an excel sheet
• Prepare excel sheet in the sample excel sheet only.
• The first sheet must be HSN code and second sheet should be products. Do not change the order of sheet.
• Click “Import from Excel“, select Excel sheet. It will display the records to be imported in to the database master list.
• Make changes if you require and click “Import” button.

Warning:
You should enter correct values as system will not calculate half of GST for SGST and CGST as government may change division ratio in future.