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
Menu
HSN CODE COMPULSORY OR NOT from new notification w.e.f April 2021
Replies (2)
Quick Summary
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
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
