Web8 apr. 2024 · The Taxpayers whose aggregate Turnover is up to Rs. 5 crores in the preceding Financial Year HSN / SAC code of 4 digits is mandatory for all the B2B tax … Web5 apr. 2024 · HSN-wise summary of inward supplies is required in GSTR-9, which requires a lot of digging into the books of accounts. Supplies from Composition dealers are to separately shown in Table 16A. If the dealer has not maintained data in the vendors master in relation to composition dealer then there would be difficulties in getting such details.

GSTN issues fresh clarification on the reporting of HSN …

WebYes, as per the CGST notification 78/2024 dated 15th October 2024, HSN codes must be mandatorily declared on B2B invoices (4 digit codes) by taxpayers with AATO of up to Rs.5 crore in the previous financial year, while it’s optional for B2C invoices. Web22 jun. 2024 · HSN Code Made Mandatory On GST Invoices From 1st April 2024 by amitmundra Jun 22, 2024 As per the notification issued by the GST authorities in October 2024, the HSN codes are now mandatory on all invoices. According to this new regulation, GST authorities mandated the HSN code on all tax invoices from 1st April 2024. is sky go on firestick

Journey of HSN – From Optional to Compulsion - TaxGuru

Web11 apr. 2024 · HSN is “Harmonized System of Nomenclature”, a 6 digit uniform code that was developed by the World Customs Organization (WCO) which was introduced to … Web22 mrt. 2024 · Mentioning HSN Code (6 digits / 8 digits) becomes mandatory from 1st April 2024 on the basis of turnover of the taxpayer. The 1st proviso to rule 46 of CGST Rules … Web3 apr. 2024 · In some situations, there is no need to issue the eway bill HSN code list In this article we'll know about HSN code in e way bill HSN code list, e-waybill commodity code (HSN), HSN code for e way bill. Cases when e way bill is not required If exempted goods are transported. If goods are transported in a non-motorised conveyance. ifa worlds