HSN Code on E-invoices Mandatory for ₹ 5 Crore & More Turnover
The Goods and Services Tax Network has introduced mandatory rule for taxpayers with an aggregate annual turnover (AATO) of ₹ 5 crore and more in the preceding financial year. They have to now report minimum 6-digit Harmonized System of Nomenclature (HSN) Code on the e-invoices generated. The new update is made compulsory and will come …