GST News: Guidelines issued for 6 / 8 digit HSN Code Reporting in e-Invoice on IRPs Portal in GST
- As per notification no. 78/2020 – Central Tax dated 15th October 2020 it is now mandatory to report a minimum of six-digit valid HSN code for 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 in process of implementing the same at IRPs portal.
- 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 exact date of implementation will be updated.