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All the digits in sac code is compulsory in invoice?

Venkat Hegde (CA) (86 Points)

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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8 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 08 July 2017

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

Venkat Hegde (CA) (86 Points)
Replied 08 July 2017

Thank you sir.

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

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 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.

Venkat Hegde (CA) (86 Points)
Replied 08 July 2017

Thank you very much sir..

sailaja vsj (12 Points)
Replied 08 August 2017

Thank You Sir

But SAC code contains 6 digits.

is it suffice to mention 4 digits on invoice

Ashim Ganguly (252 Points)
Replied 12 October 2017

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

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 12 October 2017

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

Pardeep Garg (CA-Final Student) (801 Points)
Replied 17 June 2019

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.