HSN code digit requirement revised; lower turnover suppliers may use fewer digits or omit HSN for supplies to unregistered persons. The amendment substitutes the prior table with turnover-based HSN digit requirements: taxpayers with aggregate turnover up to the lower threshold must mention fewer HSN digits on tax invoices, and those with turnover above that threshold must mention a greater number of HSN digits. A proviso allows a registered person whose aggregate turnover is at or below the lower threshold to omit the HSN digit entry in invoices issued to unregistered persons. The substitution of the Table takes effect from the stated implementation date.
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HSN code digit requirement revised; lower turnover suppliers may use fewer digits or omit HSN for supplies to unregistered persons.
The amendment substitutes the prior table with turnover-based HSN digit requirements: taxpayers with aggregate turnover up to the lower threshold must mention fewer HSN digits on tax invoices, and those with turnover above that threshold must mention a greater number of HSN digits. A proviso allows a registered person whose aggregate turnover is at or below the lower threshold to omit the HSN digit entry in invoices issued to unregistered persons. The substitution of the Table takes effect from the stated implementation date.
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