GSTN Advisory on HSN Code Reporting in e-Invoice on IRPs Portal
As per the notification no. 78/2020 – Central Tax dated 15th October 2020. As per the above-said notification, it is now mandatory for taxpayers to report a minimum of six-digit valid HSN code for their outward supplies having AATO of more than 5 crores in any previous financial year.
This requirement has already been implemented in the GST system, and we are now in the process of implementing the same at IRPs portal in collaboration with our IRP partners including NIC. It is further suggested that in case wherever valid six digit HSN code is not available, a corresponding valid eight digit HSN code be reported instead of artificially creating six digit HSN code.
The requirement may require changes to your systems as well. We would like to assure you that we intend to provide sufficient time for taxpayers and IRP partners to make the necessary changes to comply with this requirement.
The exact date of implementation shall be communicated shortly.
- Advisory on Filing Opt-In Declaration for Specified Premises, 2025
- FAQs for HSNS Cess Act, 2025 and HSNS Cess Rules, 2026
- Refusing to condone delay can result in a meritorious matter thrown out at threshold
- Prior period income cannot be considered as income of the current year
- SC condoned delay of 972 days in filing appeal due to restructuring in Department
