Going through the notification no.78 dt.15-10-2020 , I noticed that only 6 digit HSN code is mandatory to mention on invoice in case of turnover more than 5 crore. My question is whether 6 digit SAC code is required to mention on invoice if turnover more than 5 crore.
07 April 2021
Considering the Explanation (i) in the principal notification no.12/2017 – Central Tax, dated the 28th June, 2017, which is reproduced below, I think it is applicable even in case of SAC: (i) Reference to “Chapter”, “Section” or “Heading”, wherever they occur, unless the context otherwise requires, shall mean respectively as “Chapter, “Section” and “Heading” in the scheme of classification of services. Any other view is welcome.
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