HSN Overview

Article sections

    Introduction

    HSN stands for Harmonized System of Nomenclature. In the context of inventory, HSN is an internationally recognized classification system for goods or products. It assigns a unique code to each item or category of goods, facilitating uniformity and consistency in inventory management, taxation, and trade-related documentation.

    By leveraging the BizGaze’s “HSN” app, customers and organizations benefit from efficient inventory management, accurate taxation compliance, streamlined import/export processes, and enhanced reporting capabilities.

    Stage Workflow

    Field name Description
    Active The stage where the HSN is currently in use and valid
    Inactive The stage where HSN is temporarily not in use or awaiting further approval
    Deleted The HSN has been permanently removed or discontinued.

    Portlets & Widgets

    In the layout view, a Portlet accurately represents each functionality, and its corresponding data is precisely viewed as a Widget. The following section includes the default portlets and widgets of the HSN App.

    Details

    This widget contains basic details about the HSN

    Field name Description
    HSN Code Displays the HSN code of the product. HSN (Harmonized System of Nomenclature) Code is an internationally accepted code that classifies goods and products for taxation and customs purposes
    Created By The name of the person who created the HSN code
    Created Date The date when the HSN code is created
    Status Displays the current status of the HSN code

    Tax Slab

    Tax slabs refer to the progressive tiers or categories into which taxable income or transactions are divided, each with its own applicable tax rates. This widget contains the Tax Slab details assigned for the specific HSN code

    Field name Description
    Tax Slab Displays the name of the tax slab to which the HSN code belongs. It is the specific identifier title or label given to a particular tax bracket or range within the tax system
    Effective Date The date from when the tax slab applies to the HSN code
    Description Comments or short notes about the HSN code are displayed

    Activity Log provide users with essential information, notifications, and real-time updates to keep them engaged and informed about key activities in apps related to updates, notifications, and stage changes.

    Activity
    Comments User can write short notes or comments about the HSN code
    Audit
    Created Date The date when the HSN code is created
    Created By The name of the person who created the HSN code
    Last Updated Date The last stage changed of the HSN code
    Last Updated By The name of the person who last updated the stage
    Status Displays the current status of the HSN code
    Time-Line This widget tracks all the activities within the app.

    Reports

    A report is a document that presents information in an organized format for a specific audience and purpose. Although summaries of reports may be delivered orally, complete reports are almost always in the form of written documents.

    1. HSN Masters Data
    in HSN (Harmonized System of Nomenclature)
    Table of Contents