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What does HSN stand for in GST?

15. What does HSN stand for in GST?

1. Harmonised System Number
2. Home Shopping Network
3. Home State Number
4. 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.