Changes in HSN codes as per HS-2022; CBIC issued Guidance Note on Correlation of Customs Tariff betw

The new (seventh) edition of the Harmonized System (HS) nomenclature, HS-2022, shall come into force from 1st January, 2022. The new HS-2022 have around 351 amendments at 6 Digit level whereas India follows 8 digit classification. For ease in co-relation between HS2021 and HS2022 at 8-digit level, CBIC has issued a correlation document(at 8 digit level).The new (seventh) edition of the Harmonized System (HS) nomenclature, HS-2022, shall come into force from 1st January, 2022. The new HS-2022 have around 351 amendments at 6 Digit level whereas India follows 8 digit classification. For ease in co-relation between HS2021 and HS2022 at 8-digit level, CBIC has issued a correlation document(at 8 digit level).taxmann.com NewsRead More

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