According to Notification No. 78/2020 – Central Tax, dated
October 15, 2020 Taxpayers must declare prescribed digits of the Harmonised
System of Nomenclature (HSN) / Service Accounting Code (SAC) Code on raising
tax invoices beginning April 1, 2021
• Revenue up to 5 crores – four digits
• Turnover of more than 5 crores – six digits
• The government has reserved the right to notify up to 8
digits; however, HSN codes with 8 digits are only required for export and
import of products.
Example:
Valid HSN codes, both 6-digits and 8-digits, can be specified in the
tariff where HSN 6 digits are needed to be registered on invoices. Similarly,
valid HSN codes as available in tariff, at 4-digit, 6-digit, and 8-digit, can
be listed where HSN at 4-digits is defined. The basic description, unit, and
GST rate, as well as the 4/6 digit HSN Codes that are not included in the
tariff, are not allowed to be listed.
NOTE: if the HSN of
any Goods/Service is otherwise valid but not accepted on GST Portal / e-invoice Portal /
e-way Bill portal, please raise a ticket on GST Self-Service: https://selfservice.gstsystem.in/
>File a Problem
Report In the box labelled "Type of Issue/Concern," type
"HSN" > Choose an appropriate sub-category, such as ‘e-Invoice –
IRP – HSN Code linked'
How do
I find my hsn code in GST portal?
1.
Login portal: https://www.gst.gov.in/
2.
Services>User services>Search HSN Code
For
more information for HSN code or SAC code under GST or reach out us at [email protected] Mobile no. 9953004166