Quick Summary
1.In accordance with Notification No. 78/2020 - Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April, 2021 on the below mentioned lines.
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FAQ :
The requirement to declare HSN codes on tax invoices came into effect from 1st April 2021.
Taxpayers with an aggregate turnover of up to Rs. 5 crores in the preceding financial year need to report 4 digits of the HSN code. Those with an aggregate turnover above Rs. 5 crores must report 6 digits.
Some taxpayers have reported that their HSN codes are not available in the GSTR-1 dropdown (Table 12) and are facing difficulties adding them. They've also encountered errors when using the offline tool, such as blank HSN fields and duplicate invoice numbers.
Taxpayers can view detailed advisory on resolving these issues by clicking on the provided link: https://tutorial.gst.gov.in/downloads/news/advisoryonhsnandgstr1.pdf
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