HSN CODES 4 DIGIT & 6 DIGIT IN GST ELUCIDATION FOR REPORTING ON INVOICE

Notification No. Twelve/2017-Central Tax dated 28th June 2017, as amended vide Notification No. Seventy Eight/2020 – Central Tax, dated October 15, 2020, mandates taxpayers to declare specified digits, as follows, of Harmonised System of Nomenclature (HSN) / Service Accounting Code (SAC) Code on raising of tax invoices, w.e.f. April 1, 2021.



👉 aggregate turnover in preceding financial year is equal to 5 crores or less - 4 digit hsn code to be mentioned  

👉 aggregate turnover in preceding financial year is more than 5 crores - 6 digit hsn code to be mentioned 

declaration of hsn codes 4/6 digit to be done out of valid codes only.

6 DIGIT HSNs ARE ACCORDING TO AVAILABILITY IN THE CUSTOMS TARIFF WITH CORRESPONDING DESCRITPION OF GOODS AND WILL BE ALLOWED BY GST SITE. 

GST HSN Codes are to be considered from Customs Tariff Act, 1975 and are applicable as mentioned,  the number of digits of HSN to be shown on Invoice is specified in Notifications No. Twelve/2017 & Seventy Eight/2020 (Central Tax). As per notification the minimum number of digits (four or six) is required to be mentioned on invoice with proper HSN codes.

IF AN INVOICE TO BE MENTIONED HSN 6 DIGIT AS REPORTING, VALID HSN CODES IN CUSTOMS TARIFF OF 6 DIGIT AND 8 DIGIT OR BOTH CAN BE REPORTED AT THE OPTION OF TAXPAYER.

 IF AN INVOICE TO BE MENTIONED HSN 4 DIGIT AS REPORTING, VALID HSN CODES IN CUSTOMS TARIFF OF 4 DIGIT, 6 DIGIT AND 8 DIGIT OR ANY ONE CAN BE REPORTED AT THE OPTION OF TAXPAYER.

TAXPAYERS ARE INSTRUCTED TO IGNORE AND NOT TO REPORT 4/6 DIGIT HSN CODES WHICH ARE NOT AVAIALBE IN THE CUSTOMS TARIFF PARTICULARLY WITH DESCRPTION OF GOODS, UNIT AND GST RATE.

TAXPAYERS FACING ANY PROBLEM WITH GST VALID HSN CODES CAN WRITE TO GSTN AUTHORITIES ABOUT THE ISSUE AT  GST Self-Service Portal: https://selfservice.gstsystem.in/ 

 

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