Notification No 78/2020 Central Tax : HSN Code in Tax Invoice from 01.04.2021

By | October 16, 2020
(Last Updated On: October 16, 2020)

 HSN Code in Tax Invoice from 01.04.2021

NOTIFICATION
New Delhi, the 15th October, 2020
No. 78/2020 – Central Tax

G.S.R. 638(E).— In exercise of the powers conferred by the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017, the Central Board of Indirect Taxes and Customs, on the recommendations of the Council, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/2017 – Central Tax, dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 660(E), dated the 28th June, 2017, namely:–

In the said notification, with effect from the 01st day of April, 2021, for the Table, the following shall be substituted, namely, –

“TABLE

 Serial Number
(1)
Aggregate Turnover in the preceding
Financial Year
(2)
Number of Digits of Harmonised System of
Nomenclature
Code (HSN Code)
(3)
1Up to rupees five crores4
2more than rupees five crores6

Provided that a registered person having aggregate turnover up to five crores rupees in the previous financial
year may not mention the number of digits of HSN Code, as specified in the corresponding entry in column (3) of the
said Table in a tax invoice issued by him under the said rules in respect of supplies made to unregistered persons.”.

[F. No. CBEC-20/06/09/2019-GST]
PRAMOD KUMAR, Director

Note: The principal notification number 12/2017 – Central Tax, dated the 28th June, 2017, published in the Gazette
of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 660(E), dated the 28th June,
2017.

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