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Hsn code limit

Srikanta Maity (3 Points)

14 August 2021  
is hsn code mandatory for turnover less than 1.5 crore w.e.f -01.04.21

 4 Replies

CMA Poornima Madhava (CMA) (13007 Points)
Replied 14 August 2021

Yes, up to turnover of Rs.5 cr, 4-digit HSN code is mandatory in respect of B2B transactions. In other words, it is optional in respect of B2C transactions.

ATUL THAKRAL (2 Points)
Replied 14 August 2021

E vehicle hsn code list

Sourav (Student) (23897 Points)
Replied 14 August 2021

Agree with poornima

zulfikar sipai (157 Points)
Replied 14 August 2021

Yes , turnover less upto 5 crore 4 digit HSN code mandatory for b2b while b2c optional

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