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The government has made it mandatory to mention 8-digit HSN or tariff code for 49 chemical based products while issuing Goods and Services Tax (GST) invoice, a move experts feel is aimed at ...
Under GST, invoicing rules and formats were notified with details such as supplier’s name, shipping and billing address, HSN Code, place of supply, rate. The GST Model Law also defined time ...
Those with turnover of up to ₹5 crore in the preceding financial year would be required to mandatorily furnish four-digit HSN code on B2B invoices.
New Delhi, Dec 2 () The government has made it mandatory to mention 8-digit HSN or tariff code for 49 chemical based products while issuing Goods and Services Tax (GST) invoice, a move experts ...
HSN codes for goods at 6 digits are universally common. Therefore, common HSN codes apply to Customs and GST. Accordingly, codes prescribed in the Customs tariff are used for the GST purposes too.
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