1. Home
  2. Notices
  3. Important Notification from NIC || HSN Code

Important Notification from NIC || HSN Code

As per the Notification No. 78/2020 dated 15th Oct 2020, The Taxpayers, having Aggregate Annual Turnover (AATO) above Rs 5 Crore, shall use at least 6-digit HSN code in the e-Invoices and e-Waybills and other taxpayers shall use at least 4-digit HSN code in E-Invoices and E-Way Bills.

This has been made Mandatory from 15th December 2023 in e-Waybill and e-Invoice Systems.

It should be ensured that you have updated correct HSN code in Item Master. If there is any error with the HSN code, There is use of either a 6 or 8 digit HSN code available on the government portal. Also the same can be checked in the below regulation on the link.

Steps:
You can check correct HSN code on Master Codes
Step 1 : select HSN code.
Step 2 : choose HSN chapter .
Step 3 : enter Captcha.
Step 4 : check the correct HSN code according to your item/services.
Step 5 : Update correct HSN code in Uniware Item Master. How to update HSN Codes on Products?

Ref:

Related Articles