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HSN Code for Goods and Services on Tax Invoices is Mandatory w.e.f- 01.04.2021

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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

For more details, please refer to Notification No. 78/2020- Central Tax Dated-15.10.2020

The latest tweet of CBIC [@cbic_india]

Source: As per the latest tweet of CBIC


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