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HSN CODE - 37061030 : News Reels and clippings

Harmonised System of Nomenclature (HSN Codes) 37061030 are used for the News Reels and clippings products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 37061030

First two digits (37) represent the chapter number which is Chapter 37 - Photographic or cinematographic goods.

Next two digits (06) represent the heading number which is CINEMATOGRAPHIC FILM, EXPOSED AND DEVELOPED, WHETHER OR NOT INCORPORATING SOUND TRACK OR CONSISTING ONLY OF SOUND TRACK

Next two digits (10) represent the product code which is Feature films

Last two digits (30) are for final or deeper classification which is News Reels and clippings

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.