HSN code digit requirement: tax invoices must state prescribed HSN digits based on a registered person's turnover tiers. Registered persons must include HSN code digits in tax invoices according to preceding financial year turnover: the lowest turnover band is exempt from mentioning HSN digits, the middle band must state two-digit HSN codes, and the highest band must state four-digit HSN codes, with the requirement implemented under the proviso to the invoice rule and given effect from the notification's commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
HSN code digit requirement: tax invoices must state prescribed HSN digits based on a registered person's turnover tiers.
Registered persons must include HSN code digits in tax invoices according to preceding financial year turnover: the lowest turnover band is exempt from mentioning HSN digits, the middle band must state two-digit HSN codes, and the highest band must state four-digit HSN codes, with the requirement implemented under the proviso to the invoice rule and given effect from the notification's commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
