As per the recent tweet of the Central Board of Indirect Taxes and Customs (CBIC), Declaration of HSN Code for Goods and Services effective from April 01, 2021.
- For Taxpayers (with aggregate Annual Turnover more than Rs. 5 Crore during the FY 2020-21)
- 6 Digits of HSN Code for Goods and Services to be mentioned mandatorily in all Tax Invoices
- For Taxpayers (with aggregate Annual Turnover up to Rs. 5 Crore during the FY 2020-21)
- 4 Digits of HSN Code for Goods and Services to be mentioned mandatorily in B2B Tax Invoices
- 4 Digits of HSN Code for Goods and Services to be mentioned on optional bases in B2C Tax Invoices
For More details: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-78-central-tax-english-2020.pdf
Source from: https://twitter.com/cbic_india/status/1348968511377342471