📢 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗼𝗳 𝟰/𝟲 𝗱𝗶𝗴𝗶𝘁 𝗛𝗦𝗡 𝗶𝗻 𝗲-𝗪𝗮𝘆𝗯𝗶𝗹𝗹 𝗳𝗿𝗼𝗺 𝟭𝘀𝘁 𝗙𝗲𝗯 𝟮𝟬𝟮𝟰! 📋

As per the notification No. 78/2020 –Central Tax, dated 15th October, 2020, 📅 it is necessary to provide at least 6 digit HSN code for all the B2B and Export transactions by the taxpayers whose Annual Aggregate Turnover (AATO) is more than Rs. 5 Crores. 💵

The taxpayers, with AATO less than Rs. 5 Crores, need to provide at least 4 digit HSN code. 🚨 Implementation starts from 1st Feb 2024 🚀

Hence, the taxpayers are advised to make necessary changes in their systems and enter 4 / 6 digit HSN codes while generating the e-way bills through web and API systems from 1st Feb. 2024.