CBEC Prescribes No. of Digits of HSN Code to be Mentioned in Tax Invoice: Integrated Tax Notification 5/2017

CBEC Notifies Prescribed Number of Digits of HSN Codes to be mentioned in Tax Invoice under IGST Rules 2017 (i.e. CGST Rules 2017): Integrated Tax Notification No. 5/2017 dt. 28 June 2017

The CBEC has notified the prescribed number of digits of HSN code to be mentioned by registered taxpayer in Tax Invoice under the IGST Rules 2017 (i.e. Rule 46 of the CGST Rules, 2017), i.e. no mention of HSN code if the registered taxpayer had a turnover of ‘upto 150 lacs’ in the preceding year whereas 2 or 4 digits to be mentioned in case said turnover was ‘above 150 lacs but upto 500 lacs’ or ‘above 500 lacs’, respectively.

CBEC Prescribes Digits of HSN Codes for Tax Invoice: Integrated Tax Notification 5/2017 dt. 28 June 2017

G.S.R. (E).- In pursuance of the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017 read with notification No. 4/2017-Integrated Tax, dated the 28th June 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 Harmonised System of Nomenclature (HSN) Codes, as specified in the corresponding entry in column (3) of the said Table, in a tax invoice issued by such person under the said rules.

Sl. No.Annual Turnover in the preceding Financial YearNumber of Digits of HSN Code
(1)(2)(3)
1Upto rupees one crore fifty lakhsNil
2More than rupees one crore fifty lakhs and upto rupees five crores2
3More than rupees five crores4

2. This notification shall come into force from the 1st day of July, 2017.

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