HSN code in GST invoice query
watch_later 9 months, 1 week ago
- Is it mandatory to put HSN or Accounting code against each item? I have read under rules that Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices.
- For small businesses, falling under Composition scheme, do they need to provide complete details on the Bill of Supply (except CGST/SGST and IGST) and I assume Bill of Supply is same as Retail Invoice?
- Under GST filing, do we need to send the complete details of Invoice (HSN codes and items) for return calculations to GSTN?
suggest reading http://www.knowyourgst.com/article/gst-invoice-format-excel-pdf-22/ - Pulkit Sharma
Yes it mandatory to put HSN code or SAC in invoice for each product. Even tax payers paying under composition scheme need to show HSN code in bill of supply.
At the time of filing return invoice details has to be submitted along with HSN code, tax rate for each product and tax charged along with quantity and rate.
We at site are developing an invoice application which will be live next week, it will generate invoices as per GST invoice rules.
SAC or ACS should be understood as same. - Pulkit Sharma
You need to be logged in to answer.
- About GST Return
- composite scheme
- Restaurant bill format without gst no.
- Gst Crack version
- Invoicing under GST
- Gst return for hotel
- catageory of sezing parking yard gst hsn code
- how to enter gst payment detail in sapB!
- About the 0% rate
- GST ON IMPORT OF SERVICE-TOUR PACKAGE SERVICE
- How to apply for transporter ID by a transporter under GST?
- WHAT IS AN E-WAY BILL UNDER GST AND HOW TO GENERATE AN E WAY BILL - Video tutorial
- GST Registration Online
- Filling offline GSTR1 is a nightmare
- Input Tax Credit in GST - Checklist
- Learn and understand E-way Bill rules and applicability under GST
- ITC-04 for manufacturers to file details of inputs and capital goods sent and received for Job Work
- GST return status changed from filed to submitted and had to pay late filing fee
- GST Services - Payment Create Challan - Mobile Number is invalid error
- GSTR 3B - Save GSTR 3B error for July 2017 return