In the context of GST in India, there is no specific HSN (Harmonized System of Nomenclature) code for trading activities as HSN codes are primarily used for the classification of goods. However, services related to trading, such as commission services, brokerage services, and other ancillary services, fall under SAC (Service Accounting Codes) for GST purposes.
Some relevant SAC codes for trading-related services are as follows:
9961: Wholesale trade services
996111: Services provided by commission agents for the purchase and sale of goods
996112: Services provided by brokers dealing in wholesale trade
9962: Retail trade services
996211: Services provided by commission agents for the purchase and sale of goods
996212: Services provided by brokers dealing in retail trade
These SAC codes are used to classify and identify services related to trading activities for GST purposes.
If you are looking for an HSN code for the goods you are trading, you will need to classify each product according to its corresponding HSN code based on its nature and category. Each type of goods will have its own unique HSN code.
For example:
Electronics: HSN code varies depending on the type of electronic product.
Clothing: The HSN code varies depending on the type of clothing item.
Food products: HSN code varies depending on the type of food product.
If you provide specific information about the goods you are trading, I can help identify the appropriate HSN code for those products.
