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Adding & Editing the HSN/SAC Master

This article describes how to manage the HSN/SAC Master.

Use of HSN / Sac code

HSN is used so that GST can be globally accepted. It also helps in systematic classification of Goods worldwide.


 Add HSN/SAC

Prerequisites

  1. The users' role must have access to the Add app operation in the  HSN/SAC feature in Inventory - Product Definition - Tax Definition through Roles in Ginesys Web - Admin - Security.

Step-by-step guide

The steps are as follows:

  1. Go to Ginesys Web - Inventory - Product Definition - Tax Definition - HSN / SACThis will open the HSN / SAC Master module.

  2. Click on the Add button. The Add HSN/SAC Code window opens.


  3. Fill in the details in the General section. The fields are: HSN/SAC Code, Description and Applicable for

    HSN/SAC Code and Applicable for are mandatory fields

    The Applicable for field is a drop-down. The available options are: Goods and Services.

  4. In the Applicable Goods & Service Tax section, click on the Add Row button. A new row is added.

  5. Click on the Effective Date column and select the date the tax will be applicable from.

  6. Select the slab from the Slab Applicable column. The available values are Yes and No.

  7. Select the GST slab using Define GST Slabs button. Also select the GST Rate Name. Enter Remarks, if needed.

  8. Click on the Save button.
  Edit HSN/SAC

Prerequisites

  1. The users' role must have access to the Edit app operation in the  HSN/SAC feature in Inventory - Product Definition - Tax Definition through Roles in Ginesys Web - Admin - Security.
  2. System defined masters cannot be modified.

Step-by-step guide

The steps are as follows:

  1. Go to Ginesys Web - Inventory - Product Definition - Tax Definition - HSN / SACThis will open the HSN / SAC Master module.
  2. Double click on the required record or use the Edit option (using the Actions button). The Edit HSN/SAC Code window opens.
  3. Make necessary changes as reuired and click Save.
  4. Record saved successfully. - message will be displayed.

To go back to the main page click on Defining Taxes in Inventory