Changes in HSN codes as per HS-2022; CBIC issued Guidance Note on Correlation of Customs Tariff between 2021-2022
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- Last Updated on 27 December, 2021
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D.O.F. No. 524/11/2021-STO(TU) Dated December 20th, 2021
The new (seventh) edition of the Harmonized System (HS) nomenclature, HS-2022, shall come into force from 1st January, 2022. The new HS-2022 has around 351 amendments at 6 Digit level whereas India follows 8 digit classifications.
For ease in co-relation between HS2021 and HS2022 at 8-digit level, CBIC has issued a correlation document (at 8 digit level). The correlation table presents the correlation between the tariffs at the 8-digit level documenting the manner in which the commodities covered by tariff of 2021 have been accommodated in the tariff of 2022. The “Correlation code” is provided at each 8 digit entry to provide clear meaning and the change happened in HSN Codes as per HS-2022.
Click Here To Read The Full Notification
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