Requirement of HSN Code for GST invoices is mandatory w.e.f. 1st April 2021

Requirement of HSN Code for GST invoices is mandatory w.e.f. 1St April 2021

1. Aggregate Turnover up to Rs. 5 Crores in the preceding Financial Year:

HSN Code of 4 digits is mandatory for all the B2B tax invoices and optional for B2C tax invoices on the supplies.

 2. Aggregate Turnover more than Rs. 5 Crores in the preceding Financial Year:

HSN Code of 6 digits is mandatory for all the tax invoices (B2B & B2C both) on the supplies.

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