HSN code disclosure requirement revised; smaller taxpayers may need fewer digits and may omit HSN for unregistered supplies. The amendment substitutes the Table in Notification No. 03/2017 to link the required number of HSN code digits in tax invoices to a registered person's aggregate turnover, requiring fewer digits for taxpayers within the lower turnover threshold and more digits for those above it, and permitting registered persons within the lower threshold to omit HSN digit specification in invoices to unregistered persons; the substitution takes effect from the stated future date while the notification is deemed to have been in force from an earlier stated date.
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Provisions expressly mentioned in the judgment/order text.
HSN code disclosure requirement revised; smaller taxpayers may need fewer digits and may omit HSN for unregistered supplies.
The amendment substitutes the Table in Notification No. 03/2017 to link the required number of HSN code digits in tax invoices to a registered person's aggregate turnover, requiring fewer digits for taxpayers within the lower turnover threshold and more digits for those above it, and permitting registered persons within the lower threshold to omit HSN digit specification in invoices to unregistered persons; the substitution takes effect from the stated future date while the notification is deemed to have been in force from an earlier stated date.
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