Venkat Hegde (CA) 08 July 2017
Requesting you to clarify the below:
1. Proposed new scheme of classificaiton of sevices code (Tariff) is final?
2. Can we mention first two digit code in the invoice, (i.e. 99) if turnover is between 1.5 - 5 Crore?
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Dhirajlal Rambhia (KVO Merau Kutchh) 08 July 2017
The Notification No. 12/2017 – Central Tax dated 28.06.2017, has exempted small dealers to fill only 2 digits of HSN code (for TO between 1.50 - 5.0 Cr), but for SAC you have to fill all the four digits.