CGST Rules 2017-HSN Codes-digits required on tax invoice based on annual turnover in the preceding financial year
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
New Delhi, the 28th June, 2017
7 Ashadha, 1939 Saka
G.S.R. …..(E).— In pursuance of the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017, the Central Board of Excise and Customs, on the recommendations of the Council, hereby notifies that a registered person having annual turnover in the preceding financial year as specified in column (2) of the Table below shall mention the digits of CGST Rules 2017-HSN Codes-digits required on tax invoice based on annual turnover in the preceding financial year. Notification No. 12/2017-Central Tax, as specified in the corresponding entry in column (3) of the said Table, in a tax invoice issued by him under the said rules.
Table
| Serial No. | Annual Turnover in the preceding Financial Year | Number of Digits of HSN Code |
| (1) | (2) | (3) |
| 1. | Upto rupees one crore fifty lakhs | Nil |
| 3. | more than rupees one crore fifty lakhs and upto rupees five crores | 2 |
| 4. | more than rupees five crores | 4 |
2. This notification shall come into force from the 1st day of July, 2017.
[F. No.349/72/2017-GST]
(Dr. Sreeparvathy S.L.)
Under Secretary to the Government of India
ITAT directed registration u/s 12AB as activities of the trust fall under general public utility services if not falling fall…
Utilisation of loan amount would not constitute failure to discharge onus caste u/s 68 in absence of any defect in…
Addition on the basis of third party information in form of unsigned excel sheet can not be sustained - ITAT…
Shagun money received on marriage of individual cannot be considered as income in the year of its receipt - ITAT…
ITAT deleted addition towards cash deposited in bank account observing that there is no statutory requirement to maintain cash book…
RBI has notified the Foreign Exchange Management (Authorised Persons) Regulations, 2026. The Regulation becomes effective from 06.05.2026 A person seeking…