Is HSN code compulsory

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Branch Accountant
94 Points Posted on 31 January 2023
Is HSN code compulsory for B2C bills too?
pls advise
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On 31 January 2023 at 08:29 Report
Replies (4)
Quick Summary
This discussion clarifies the compulsory nature of HSN codes for B2C bills. Generally, HSN codes are mandatory if your business turnover exceeds Rs. 5 crores. For turnovers below Rs. 1 crore, HSN codes are not compulsory for B2C transactions.

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Profession Business
28246 Points Posted on 31 January 2023
Yes hsn code is mandatory in the following cases.
2 Reply
On 31 January 2023 at 12:18
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Chartered Accountant
86505 Points Posted on 01 February 2023
Yes if your turnover is more than Rs. 5 crores
1 Reply
On 01 February 2023 at 20:26
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13 Points Posted on 05 February 2023
Below 1cr b2c compulsory are no
1 Reply
On 05 February 2023 at 23:14
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Chartered Accountant
86505 Points Posted on 07 February 2023
Not compulsory
1 Reply
On 07 February 2023 at 12:33

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