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The HSN is a multipurpose international product terminology acknowledged by the World Customs Organization. The purpose of using the HSN codes is to ensure that GST billing practices are in accord with international standards of product nomenclature.
Most of us in the trade believe that ITC code and HS code are the same. However, you may read below the distinguish between HS number and ITC number. H.S code system means Harmonized System code. In some countries HS code is also known as HTS (Harmonized Tariff System) .