HSN code reporting requirement adjusted by turnover threshold; lower-turnover suppliers may omit HSN digits for supplies to unregistered persons. Prescribes differing numbers of digits of the HSN Code to be shown in tax invoices based on a registered person's aggregate turnover in the preceding financial year, with a relaxation allowing registered persons below the lower turnover threshold not to mention the specified HSN Code digits in invoices issued to unregistered persons; effective 1 April 2021.
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 reporting requirement adjusted by turnover threshold; lower-turnover suppliers may omit HSN digits for supplies to unregistered persons.
Prescribes differing numbers of digits of the HSN Code to be shown in tax invoices based on a registered person's aggregate turnover in the preceding financial year, with a relaxation allowing registered persons below the lower turnover threshold not to mention the specified HSN Code digits in invoices issued to unregistered persons; effective 1 April 2021.
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 
