HSN code digit requirement updated: lower turnover registered persons may omit HSN digits for supplies to unregistered persons. Amendment prescribes a two-tier HSN code digit requirement based on aggregate turnover in the preceding financial year, specifying fewer HSN digits for lower turnover taxpayers and more digits for higher turnover taxpayers, and provides that a registered person below the lower turnover threshold may omit HSN digit mention when issuing tax invoices for supplies to unregistered persons.
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 updated: lower turnover registered persons may omit HSN digits for supplies to unregistered persons.
Amendment prescribes a two-tier HSN code digit requirement based on aggregate turnover in the preceding financial year, specifying fewer HSN digits for lower turnover taxpayers and more digits for higher turnover taxpayers, and provides that a registered person below the lower turnover threshold may omit HSN digit mention when issuing tax invoices for supplies to unregistered persons.
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