Is mandatory HSN code mention in invoice for goods Export ?
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Quick Summary
This discussion clarifies the mandatory use of HSN codes on invoices for goods exports. It highlights that businesses involved in exports and imports must use 8-digit HSN codes. Furthermore, it details that as of April 1st, 2021, businesses with a turnover exceeding Rs. 5 crores are required to use 6-digit HSN codes, while those with lower turnovers have different stipulations.
Businesses dealing with exports and imports must use 8-digit HSN codes. As of 1st April 2021, businesses with a turnover of more than Rs. 5 crores must use 6-digit HSN codes. Businesses with a turnover of up to Rs.