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July 10, 2020
Question

Can you specify HSN code for Bundled Product?

  • July 10, 2020
  • 1 reply
  • 0 views
For Example, I am producing Mobile Phone. Mobile Phone has a HSN Code. I maintain Inventory for Mobile Phone. Inside Mobile phone many electronic and plastic components. So Each component has HSN code and Inventory. So All components together forms a Mobile phone. When I create an Invoice, I don't mention all components inside mobile phone. I just have a product called Mobile phone. When I sell the components inside mobile phone inventory automatically adjusted. How do I handle?

1 reply

asha_kanta_sharma
July 18, 2020
You needs to show internal consumption of components to show productions of Mobile Phones in the books of accounts and only HSN code of Mobile Phone will be taken and show at the time of Sales being made.