Dear Sir,
is it mandatory for mention hsn code in b2c invoice.???
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HSN CODE FOR B2C
Replies (10)
Quick Summary
As per Notification 78/2020 CT :
Taxpayer have aggregate turnover more then 5 crore need to mention 6 digit HSN code for B2B & B2C supply & Below 5 crore 4 digit HSN code need to be mention on only B2B supply.
Hence for taxpayer below 5 crore turnover not required to provide HSN code for B2C supply.
Taxpayer have aggregate turnover more then 5 crore need to mention 6 digit HSN code for B2B & B2C supply & Below 5 crore 4 digit HSN code need to be mention on only B2B supply.
Hence for taxpayer below 5 crore turnover not required to provide HSN code for B2C supply.
If turnover exceed 5 crore then you have to mention 6 digit HSN code for B2b and B2c supply as per the notification 78/2020
Thanks
Sir,
Suppose below 1.50 crore torn over HSN need compulsery?
Yes. If your turnover is more than 5 crores, it is mandatory to mention HSN for B2C invoices
Dear Sir,
is it mandatory for mention hsn code if exempted intrastate supply to registered person , if turnover below 5cr.??
as exemped supply is not shown in B2B, Please clarify ?
yes ...............................................
below 1.5 crore hsn need to mentioned in B2B
There is mandatory to put rate % in hsn wise summary column, so what to put for exempt item rate % as there is no option of exempt in rate % column, or have to put 0% (zero%) in rate % column for exempt supply
Please clarify
Thanks
yes can put 0%.................................
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