Car Insurance Hsn Code

Car Insurance Hsn Code. Goods and services having 18%, 12%, `5% gst slab rates came down to nil for many of the products. Underwriting services of insurance policies which cover risks of all types of liability including liability for defective products, bodily injury, property damage, pollution, malpractice, etc., other than liability covered in service code 997134 (motor vehicle insurance services),997135 (marine, aviation and other transport insurance services) and 997137 (other property insurance services)

Vehicle Insurance Hsn Code
Vehicle Insurance Hsn Code from santana30raughtwell.blogspot.com

Here you can search hs code of all products, we have curated list of available hs code with gst website. This code is for motor vehicle insurance services. Hsn and tsn in the vehicle registration document.

The Sac Code Is A Similar Concept To The Hsn Code.


The technical description and corresponding commonly used trade description displayed here is as per the hsn description in the customs tariff act, 1975 corresponding to the trade description which are widely used by trade in general and are as per the declarations made by taxpayers' at the irn portal and the output displayed is dependent on the input provided by. Marine, aviation, and other transport insurance services: Or write to us at.

The Use Of Hsn Codes Allows You To Save Time And Money During Gst Filing, By Filling The Hsn Codes It Allows Automation In Gstr.


Using gst sac code, the gst rates for services are fixed in five slabs namely 0%, 5%, 12%, 18% and 28%. Divided in 99 chapters wherein each chapter defines a specific category of a product; Underwriting services of insurance policies which cover risks of all types of liability including liability for defective products, bodily injury, property damage, pollution, malpractice, etc., other than liability covered in service code 997134 (motor vehicle insurance services),997135 (marine, aviation and other transport insurance services) and 997137 (other property insurance services)

In India, The Following 6 Digit Code Has Be Revised To 8 Digits For Further Classification.


Some people are impersonating maruti suzuki insurance, offering discounts in premium & seeking payments in fraudulent bank a/c shown as maruti suzuki insurance broking a/c. There are 21 sections in hsn codes; This group is for insurance and pension services (excluding reinsurance services).

This Code Is For Motor Vehicle Insurance Services.


For example, if the above handkerchiefs were made out of man. Parts of goods of heading number 8801 or 8802. Accident and health reinsurance services:

Alternative Manufacturers Often Share The Hsn, Such As 0600 For The Porsche Brand And Volkswagen.


Goods and services having 18%, 12%, `5% gst slab rates came down to nil for many of the products. 6 digit sac code, (997134) represents service. Gst tax rates revisions (revision, all big recent revisions) 28 th gst council meeting held on july 21 st, 2018 came up with number of revisions regarding the gst slab rate.this included gst rates deductions on 28% slabs which came down to 18% and 12%.