Notification No. 78/2020
Date: October 15, 2020
Subject: Prescribing number of digits of HSN code on tax invoices.
Description:
This notification amends Notification No. 12/2017–CT to prescribe mandatory HSN digits on tax invoices based on turnover. Taxpayers with turnover up to ₹5 crore must mention 4-digit HSN, while those exceeding ₹5 crore must mention 6-digit HSN. B2C supplies by small taxpayers are exempted from HSN requirement. The amendment improves standardisation and data quality.
Amendment:
This notification amends notification No. 12/2017