Hi, is HSN code mandatory if quarterly sales is low for B2C?
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Quick Summary
This discussion clarifies whether HSN codes are mandatory for Business-to-Consumer (B2C) transactions under GST, particularly for businesses with low quarterly sales. It is indicated that HSN codes are not mandatory for B2C sales if the annual turnover is below 5 crore, or if the sales consist solely of B2C transactions. Further clarification or notification details are requested.