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Glossary
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The term "HSN code" refers to the "Harmonized System of Nomenclature", which is a globally recognized system for classifying goods in a systematic manner. This system makes use of a 6-digit uniform code to categorize over 5000 different products, and is widely accepted and used across the world. India has added 2 more digits to the code to make the codes more precise resulting in 8 digit classification.