CBIC: HSN Code Mandatory from 1st April for GST Taxpayer with Turnover of More than Rs 5 cr - 01.04.2021

CBIC (Central Board of Indirect Taxes and Customs) w.e.f 1st April has made mandatory for a GST taxpayer, having turnover of more than Rs 5 crore in the preceding financial year, to furnish 6 digits HSN Code (Harmonised System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) on the invoices issued for supplies of taxable goods and services.

Tags : CBIC HSN Code

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