Sign In
  • U.S.
  • International
  • Canada
  • Espau00f1ola
Latest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Guidebook on mapping of Harmonized System of Nomenclature (HSN) codes unveiled by Piyush Goyal – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Guidebook on mapping of Harmonized System of Nomenclature (HSN) codes unveiled by Piyush Goyal – World News Network
Business

Guidebook on mapping of Harmonized System of Nomenclature (HSN) codes unveiled by Piyush Goyal – World News Network

worldnewsnetwork
Last updated: September 21, 2025 12:00 am
worldnewsnetwork
Share
SHARE

New Delhi [India], September 21 (ANI): Piyush Goyal, Union Minister of Commerce and Industry, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) on Sunday during an event on “Celebrating 10 Years of Make in India and Discussion on Next Gen-Reforms 2.0” in New Delhi.
The Guidebook, which allocates 12,167 HSN Codes to 31 Ministries and Departments of the Government of India, aims to promote the adoption of a data-driven approach for manufacturing development, investment promotion, and trade facilitation. It shall serve as the foundation for building a resilient and competitive manufacturing ecosystem.
Emphasizing the significance of this exercise, Goyal mentioned that the Guidebook is a significant stride towards strengthening domestic production capacity and fostering sectoral growth. Additionally, it will also support more effective Trade Agreement negotiations, which are aligned with national economic priorities and domain strengths. With the facilitation for identification of the relevant Ministry or Department for specific HSN Codes, this initiative will streamline regulatory processes and further enhance ease of doing business.
He added that the Guidebook shall play an integral role in accomplishing the vision of Viksit Bharat by 2047, where governance is responsive to the needs of the industry.
The origin of the Guidebook’s development lies in the observation of persistent challenges arising during trade negotiations, import substitution efforts, and the redressal of industry concerns due to the absence of a definitive mapping of HSN Codes.
Further, unmapped Codes were misclassified as ‘Residual Products’ due to unclear ownership. To address the matter, DPIIT followed a holistic and proactive approach by undertaking the value-chain and use-case analysis for each of the 12,167 HSN Codes sourced from the Central Board of Indirect Taxes and Customs (CBIC) Tariff Manual.
Following this, a thorough review of the Allocation of Business (AoB) Rules, 1961, was done for mapping of each HSN Code based on the nature and end-use of the product. Once the preliminary mapping was completed, several Inter-Ministerial Consultations, multiple Joint Working Group meetings, over 300 one-on-one meetings with Ministries and Departments, and numerous Industry Stakeholder consultations were conducted. The feedback received was systematically analyzed and incorporated to ensure reflection of ground-level realities.
The exercise eventually led to the mapping of 12,167 HSN Codes to 31 Ministries and Departments. This extensive and consultative effort culminated in the development of the Guidebook, which now stands as a foundational resource for advancing manufacturing and trade-related goals.
The Guidebook on Mapping of HSN Codes is a critical enabler for Ministries and Departments to translate policy intent into actionable outcomes. To support its effective use, a dedicated section titled “How to Use the Guidebook?” has also been developed, anchored in three operational pillars.
The first segment on “Manufacture in India”, focuses on positioning India as a global manufacturing hub by emphasizing sector-specific policy alignment, value chain strengthening, and workforce development. Building on this foundation, the “Strengthen Brand India” pillar aims to elevate the global perception of the ‘Made in India’ label through prioritization of quality enhancement. Complementing these efforts, the “Make for the World” pillar is dedicated to supporting more effective trade negotiations, thereby enabling Indian products to capture a greater share in international markets. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Share This Article
Twitter Email Copy Link Print
Previous Article Which sectors will gain from new GST reforms beginning from Monday? – World News Network
Next Article AI boom, upcoming IPOs to drive Indian investors toward US markets: Neev Finance founders – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Top Writers

Oponion

You Might Also Like

21st Mother Teresa Memorial Awards for Social Justice honour global Guardians of Humanity – World News Network

New Delhi [India], December 23: Prestigious Mother Teresa Memorial Awards for Social Justice 2025 held in Mumbai. The Harmony Foundation…

5 Min Read

Ayumcure Expands Ayurvedic Healthcare Footprint, Targets ₹6 Cr Revenue with Focus on Natural Juices – World News Network

New Delhi [India], December 23: Ayumcure.com, an emerging name in the personal care and healthcare segment, is steadily strengthening its…

5 Min Read

Greaves Cotton Limited Recognised as “Best Governed Company – Listed Segment: Emerging Category” at the 25th ICSI Award – World News Network

Mumbai (Maharashtra) [India], December 23: Greaves Cotton Limited, one of India's leading diversified engineering companies, has been recognized as the…

5 Min Read

Shifting the Lens: Unveiling of the First National Teaching Learning Practices Survey (TLPS) 2025 for foundational literacy and numeracy – World News Network

New Delhi [India], December 23: As India advances the goals of the National Education Policy (NEP) 2020 and the NIPUN…

8 Min Read
Latest World News Update
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?