Sir l just conform how to maintain hsn code for registration and billing
purpose, actually my company deals in 400 product so I am really confused how to maintain and search hsn code please give me advise how do this work in easy way?
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regarding hsn code for gst registration
Replies (13)
What is ur business
all types of industrial good and electrical goods ,cables , machanical ,machinery parts,stationary items , electrostatic discharge items
its trading company
Mention the amount of Turnover?
2 to 5 crore
Nothing to say then you have to maintain and follow the hsn code to get the rate of gst........
and company in noida
and billing with hsn code
Mentioning the hsn code depends upon the turnover of the business. If the turnover is less than 1.5crore then mentioning hsn code is not mandatory. However in case of export 8digit hsn code is required
our turnover is above 1.5 crores and we are not exporter as well. what to do in this case. hsn code is compulsory
what is your aggregate turnover
3 to 5 crore
If your aggregate turnover is up-to rs 5 crore in preceeding financial year : hsn codes may b specified only at 2 levels as an optional exercise to start with. This would be mandatory from second year of gst implementation . However SAC I. E service accounting code for services is mandatory
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