TaxTMI 
TaxTMI 
Dear Experts,
We hear through freinds whether we have to mention 6 digits HSN from 15.10.2020 onwards if our TO is more than 5.00 Crores
WHETHER 6 DIGITS HSN IS COMPULSORY
16 Oct 2020 
5 Replies 
4875 Views Asked by
HSN digit reporting: six-digit HSN required for large taxpayers; four-digit for smaller taxpayers; effective from April.
Taxpayers above the turnover threshold must disclose six digit HSN/SAC for supplies of goods and services; taxpayers at or below the threshold must disclose four digit HSN/SAC for B2B supplies. The government may notify an eight digit HSN requirement for specified supplies. These invoice and GSTR 1 disclosure requirements were scheduled to take effect on the notified implementation date. (AI Summary)
Taxpayers above the turnover threshold must disclose six digit HSN/SAC for supplies of goods and services; taxpayers at or below the threshold must disclose four digit HSN/SAC for B2B supplies. The government may notify an eight digit HSN requirement for specified supplies. These invoice and GSTR 1 disclosure requirements were scheduled to take effect on the notified implementation date. (AI Summary)