How to Add HSN Code and GST Details for Items

Feature View

Adding HSN codes and GST details to your items in myBillBook ensures compliance with GST regulations and simplifies tax reporting. With myBillBook, you can manually enter HSN codes or find them using the built-in search feature. GST details can be set based on predefined tax rates or auto-updated when an HSN code is provided. This process minimises manual errors and helps in generating accurate invoices.

Benefits

• Time-Saving: The auto-update feature for GST rates reduces manual effort.

• Accuracy: Ensures HSN and GST compliance for seamless tax filing.

• Flexibility: Easy manual or automatic options to add details.

Steps to Add HSN Code& GST Details for Items

Adding HSN Code

1. Navigate to the Create New Item menu in your myBillBook account.

2. Under the Stock Details section:

   • Locate the HSN Code field.

   • If you know the HSN code, enter it manually.

3. To search for an HSN code:

   • Click on the Find HSN Code button.

   • Enter the item name in the search bar.

   • Select the appropriate HSN code from the results displayed.

How to Add GST Details to Items

1. In the Create New Item menu, go to the Basic Details section.

2. Click on the GST Tax Rates dropdown menu:

   • Choose a GST rate from the list.

   • If an HSN code is already added, the GST rate will auto-update in the field based on the HSN.

Watch How to Add HSN Code & GST Details

FAQs on Adding HSN Code & GST Details