• twitter-icon
Unlimited Tax Return Filing


HSN Code Mandatory on E-Invoices & E-Way Bills Starting Oct 2023

HSN Code Required on E-Way Bills & E-Invoices 1st Oct 2023

The GST E-way bill system released an update on September 05, 2023, which mentions that, in accordance with Notification No. 78/2020 dated October 15, 2020, taxpayers with an Aggregate Annual Turnover (“AATO”) exceeding Rs 5 Crore must utilize a minimum 6-digit HSN code in their e-Invoices and e-Waybills. Other taxpayers should use a minimum 4-digit HSN code in their E-Invoices and GST E-Way Bills.

While many taxpayers are already adhering to this requirement, we kindly request all other taxpayers to adapt to this change and ensure compliance by the specified deadline. This change will become mandatory starting from October 01, 2023, for the e-Waybill and e-Invoice Systems.

Aggregate Turnover in the Preceding Financial YearNumber of Digits of Harmonised System of Nomenclature Code (HSN Code)
Up to INR 5 Crores4
More Than INR 5 Crores6

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates