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HSN CODE FOR B2C

Asif Ali (B.Com) (323 Points)

07 April 2021

Dear Sir,
is it mandatory for mention hsn code in b2c invoice.???

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10 Replies

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 07 April 2021

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.

1 Like

RENU SHARMA (1388 Points)
Replied 08 April 2021

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

Asif Ali (B.Com) (323 Points)
Replied 08 April 2021

Thanks

arun (service) (28 Points)
Replied 26 June 2021

Sir,

Suppose below 1.50 crore torn over HSN need compulsery?

Bhavika Kothari (CA) (1258 Points)
Replied 06 July 2021

Yes. If your turnover is more than 5 crores, it is mandatory to mention HSN for B2C invoices

Aakash 1995 (4 Points)
Replied 12 July 2021

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 ?

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 12 July 2021

yes ...............................................

arun (service) (28 Points)
Replied 12 July 2021

below 1.5 crore hsn need to mentioned in B2B

Aakash 1995 (4 Points)
Replied 12 July 2021

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