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What does HSN stand for in GST?
15. What does HSN stand for in GST?
- Harmonised System Number
- Home Shopping Network
- Home State Number
- Harmonised System of Nomenclature
Answer: D) Harmonised System of Nomenclature
Explanation:
HSN code means "Harmonized System of Nomenclature". This framework has been presented for the methodical arrangement of merchandise everywhere. HSN code is a 6-digit uniform code that arranges 5000+ items and is acknowledged around the world.