6 Digit HSN Code

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6 Points Posted on 31 March 2021
What are the consequences if a client does not maintain 6 Digit HSN Code from 01/04/2021??
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On 31 March 2021 at 18:01 Report
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Quick Summary
Failure to maintain the correct 6-digit HSN code from April 1st, 2021, could lead to significant penalties. Specifically, businesses might face a penalty of Rs 50,000 under the general penalty clause (Section 125) of the GST Act. It's crucial to ensure compliance to avoid these financial repercussions.

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2 Points Posted on 31 March 2021
M. s. scrap
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On 31 March 2021 at 18:58
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M Com FCS LLB M-AIMA
14046 Points Posted on 01 April 2021

Likely to incur penalty of Rs 50000/- as per general penalty clause u/s 125.

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On 01 April 2021 at 14:58
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Chartered Accountant
86505 Points Posted on 04 April 2021
You can search HSN on below link

Goods & Services Tax (GST) | Services
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On 04 April 2021 at 17:23

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