HSN code digit requirement tied to turnover threshold; lower turnover suppliers may omit HSN on invoices to unregistered persons. Effective 1 April 2021 the substituted Table prescribes HSN Code digit requirements on tax invoices: four digits for registered persons with aggregate turnover up to five crores in the preceding financial year and six digits for those with aggregate turnover above that threshold, with a proviso allowing registered persons within the lower turnover bracket to omit mentioning the number of HSN digits on invoices issued 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 tied to turnover threshold; lower turnover suppliers may omit HSN on invoices to unregistered persons.
Effective 1 April 2021 the substituted Table prescribes HSN Code digit requirements on tax invoices: four digits for registered persons with aggregate turnover up to five crores in the preceding financial year and six digits for those with aggregate turnover above that threshold, with a proviso allowing registered persons within the lower turnover bracket to omit mentioning the number of HSN digits on invoices issued to unregistered persons.
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