Hsn mandatory for tax free goods

06 January 2024

a one business have turnover not more than 1.50 CR it's compulsory Han on gstr1 or not ?

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6 Replies

Sharath chandra (Accountant) (1227 Points)
Replied 06 January 2024

B2b or b2c sale only?

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 06 January 2024

@ Jeetu Manglani,

TAX FREE GOODS means...??
please elaborate...

Jeetu Manglani (177 Points)
Replied 06 January 2024

Nill rated like cattle feed

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 06 January 2024

Yes, HSN is mandatory for all goods if Turn over exceeds 1.5cr..

Jeetu Manglani (177 Points)
Replied 06 January 2024

Ok not exceed 1.5 CR than

sabyasachi mukherjee (27797 Points)
Replied 06 January 2024

Tax free mean exempted goods. hsn code hv a different objective.

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