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E-invoice Portal to block generation of e-invoices with 4 digit HSN codes if taxpayer turnover is more than 5 Crores: Advisory issued

Attention Taxpayers

As per the Notification No.78/2020 – Central Tax dated 15th October, 2020, it is mandatory for the taxpayers to mention 6-digit HSN Codes for their outward supplies having aggregate turnover of more than Rs. 5 Crores.

After a few weeks of time, e-Invoice System will not accept 4-digit HSN codes. The date for blocking e-Invoice generation having HSN code as 4-digits will be intimated shortly in this portal.

So, please make necessary changes in your system to report 6-digit HSN codes to e-Invoice Portal and comply by the notification. You may verify all your.......
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Author:

TaxReply


Mar 9, 2023

Comments


Ok
By: Rahul Kotwani | Dt: Mar 9, 2023
Replied to Rahul Kotwani
What are the benefits of this plan?
By: Spm.rahmath | Dt: Mar 10, 2023
Replied to Spm.Rahmath
Sir,

With our GST Library Plan. you will get access to complete GST database like GST Act & Rules, Notifications, Circulars, Case Laws, HSN Rates, Classification, Forms, Calendar etc. Plus we have some unique features like you can view amendment tree of any notification and much more. Please feel free to call us for any query.
By: Taxreply | Dt: Mar 10, 2023


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