How Many Rupees Above Mention Hsn Code ?


Mathew Sebastin
watch_later 5 months, 4 weeks ago

How many rupees above mention HSN Code ?

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1 Answer

Basheer PM watch_later 5 months, 3 weeks ago
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As per Notification No 12/2017 - Central Tax dated 28-Jun-2017, the number of digits of HSN Code to be mentioned on Tax Invoice is described. It depends on the preceding Financial Year turnover of the entity.

1. If < 1.5 crore then NIL Digits of HSN Code

2. If > 1.5 Crore but < 5 crore then TWO Digits of HSN Code

3. If > 5 Crore then FOUR Digits of HSN Code

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