Question

HSN code stands for Harmonised______ of Nomenclature code.

A System Correct Answer Incorrect Answer
B System Correct Answer Incorrect Answer
C Serial Correct Answer Incorrect Answer
D Session Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

HSN code stands for “Harmonized System of Nomenclature”. This system has been introduced for the systematic classification of goods all over the world. It is a 6-digit uniform code that classifies 5000+ products and is accepted worldwide. It was developed byWorld Customs Organization (WCO).

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