Tag Archives: B2B

HSN Code Mandatory for B2C sales in GST: Turnover Threshold Explained

By | January 10, 2025

HSN Code Mandatory for B2C sales in GST: Turnover Threshold Explained whether HSN MANDATORY FOR B2C TURNOVER BELOW 5Cr? HSN codes are not mandatory for B2C (Business-to-Consumer) supplies for businesses with an annual turnover below Rs. 5 crores. Here’s a summary of HSN code requirements: Turnover above Rs. 5 crores: Mandatory: Must use 6-digit HSN… Read More »

GST B2B invoices to be issued electronically by September

By | May 6, 2019

GST Invoices to be issued form Portal By September 2019, all invoices for business-to-business sales by entities beyond a specified turnover threshold will be generated on a centralised government portal, a move aimed at curbing the menace of fake invoices and evasion of GST, officials said. The revenue secretary is monitoring the progress of implementation… Read More »