GST mandated the use valid 6 or 8 digit HSN

Sep 13, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance

The Goods and Services Tax (GST) on September 11, 2023, mandated the use of valid 6 or 8 digit HSN code in e-Invoices and e-Waybills.

It is stated that as per the Notification No. 78/2020 dated October 15, 2020, tax payers having Aggregate Annual Turn Over (AATO) above Rs 5 Crore, shall use valid 6 or 8 digit HSN code in e-Invoices and e-Waybills and other taxpayers shall use at least 4 digit HSN code in E-Invoices and E-Way Bills.

This will be made Mandatory from October 01, 2023 in e-Waybill and e-Invoice Systems.