I have a business below 2 crores, so i want to know hsn code compulsory or not in GSTR1 or what is rules, please give me a briefly clarification about that. Thanks in advance
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HSN CODE COMPULSORY OR NOT from new notification w.e.f April 2021
Replies (2)
HSN summary mandatory in GSTR-1
If the turnover is more than 5 crore - 6 digit hsn mandatory
if the turnover upto 5 crore - B2B invoice 4 digit hsn mandatory , B2C invoice 2 digit hsn mandatory
if the turnover upto 5 crore - B2B invoice 4 digit hsn mandatory , B2C invoice 2 digit hsn mandatory
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