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Requirement of HSN Code for Goods and Services on Tax Invoices is mandatory w.e.f April 01, 2021

 

Attention GST Taxpayers! 

Requirement of HSN Code for Goods and Services on Tax Invoices is mandatory w.e.f April 01, 2021.

 

Requirement of HSN Code for Goods and Services on Tax Invoices is mandatory w.e.f April 01, 2021.

Aggregate Turnover Up to ₹ 5 Crores in the Preceding FY* Aggregate Turnover More than ₹ 5 Crores in the Preceding FY*
HSN code of 4 digits is mandatory for all the  B2B tax invoices and optional for B2C tax invoices on the supplies of Goods and Services.HSN code of 6 digits is mandatory for all the tax invoices (B2B & B2C) on the supplies of Goods and Services.

*FY- Financial Year

*HSN-Harmonized System of Nomenclature

 

 

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