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HSN/SAC CODE
Are these codes digits depends on turn over of business?
Replies (11)
No, code is only for classification of Goods here rule are made for showimg HSN codes in Invoice
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Actually I seen a government notification mentioned HSN/SAC codes digits divided by turnover.
if preceeding financial year Turnover is less then or equal to 1.5 cr then thier is no need to mention HSN codes on Invoice
But above 5 crore turnover only 4 digit code will be used
exactly you are right, exceeding 1.5
mention Chapter Code it means two digit
But HSN /SAC codes digits are six
but mention only as per rules
electronic chowk HSN code
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