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The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
If a company has turnover more than ₹ 15 million (US$180,000) but up to ₹ 50 million (US$590,000), then it needs to mention the first two digits of HSN code while supplying goods on invoices. If turnover crosses ₹ 50 million (US$590,000) then it needs to mention the first 4 digits of HSN code on invoices.
The Uniform Invoice or Unified Invoice (統一發票 pinyin: Tǒngyī fāpiào), is a type of standardized receipt in Taiwan that is issued by merchants for selling products and services, kept by both seller and consumer, with a 8-digit number for each one, for taxation purposes, managed by the Ministry of Finance of the Republic of China (Taiwan) existing in many form such as hand-written 2 ...
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The EAN-8 code is an eight-digit barcode used usually for very small articles, such as chewing gum, where fitting a larger code onto the item would be difficult. Note: the equivalent UPC small format barcode, UPC-E , encodes a GTIN-12 with a special Company Prefix that allows for "zero suppression" of four zeros in the GTIN-12.
Check Out: 8 Must-Read Personal Finance Books of 2024 for a Fresh Start in 2025 Make a Spending and Savings Plan Once you have an exciting vision of your mid- or long-term goals, it’s time to ...
December 8, 2024 at 11:55 AM. Former national security adviser H.R. McMaster argued that the ongoing conflict in Gaza will continue and life for Palestinians cannot improve “until Hamas is ...
The United Nations Standard Products and Services Code (UNSPSC) is a taxonomy of products and services for use in eCommerce. It is a four-level hierarchy coded as an eight-digit number, with an optional fifth level adding two more digits. The latest release (August 14, 2023) of the code set is 26.0801. [1]