Revolutionary Raja Ram for Tax & Economic Reforms

@abhishekrajaram

about 1 year ago

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Important GST E-Way Bill Update: New HSN Code requirements effective from October 1, 2023

The GST E-way bill system has issued an Update dated September 05, 2023 stating that, As per the Notification No. 78/2020 dated October 15, 2020, the taxpayers, having Aggregate Annual Turn Over (“AATO”) above Rs 5 Crore,

shall use atleast 6 digit HSN code in the e-Invoices and e-Waybills and other taxpayers shall use atleast 4 digit HSN code in E-Invoices and E-Way Bills.

Most of the tax payers are already following this, Other tax payers are requested to adapt to the change and comply by the due date. This will be made Mandatory from October 01, 2023 in e-Waybill and e-Invoice Systems.

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