The Central Board of Indirect Taxes and Customs (CBIC) reminded the HSN Code on GST Tax Invoice obligatory w.e.f. 1st April 2021.

The Taxpayers whose combination Turnover is up to Rs. 5 crores in the preceding yr HSN code of 4 digits is obligatory for all the B2B tax invoices and optional for B2C tax invoices on the supplies of Goods and Services.

The Taxpayers whose aggregate Turnover is more than Rs. 5 crores in the preceding Financial Year HSN code of 6 digits is mandatory for both B2B and B2C tax invoices on the supplies of Goods and Services. It is noteworthy, important system changes need to be integrated into your e waybills, Delivery challans, Tax invoices, GSTR 1 reporting, Shipping bills, GST refund

applications, and further note that options available for nonreporting underneath Table seventeen and Table eighteen would be done away from FY 2122 positively.

For nonreporting in Table 17 and Table eighteen in GSTR 9 of FY 2021, we want to attend for the notification which can be issued by appropriate notification.