All the digits in sac code is compulsory in invoice?



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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KVO Merau Kutchh

Yes new series............ it will be accepted. [vide Notification No. 11/2017-Central Tax (Rate, dated 28/06/2017]

 
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Thank you sir.

Can we metion only first two digits in invoice i.e. 99, if turnover is between 1.50 - 5 Crore?

 

 
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GST Certification Course


KVO Merau Kutchh

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.

 
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Thank you very much sir..

 
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Thank You Sir

But SAC code contains 6 digits.

is it suffice to mention 4 digits on invoice

 
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Is all 6 digits of SAC is compulsory to be mentioned in GST billing ..to allow service recipients to abail ITC ?

 
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KVO Merau Kutchh

Upto 5 crores turnover............. only 4 digits of HSN/SAC code are sufficient.......

 
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CA-Final Student

Dear Sir, Please clarify whether a service provider having turnover exceeding 5 crores in previous f.y. is required to mention all the 6 digits of SAC.
 
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