HSN/SAC code reporting in GST returns is guided by turnover thresholds and nature of sales. Aggregate turnover includes taxable, exempt, nil-rated, and export supplies, excluding inward supplies under ...

Businesses with turnover of more than ₹5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services from April 1, the Finance Ministry ...

With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose international product nomenclature ...

Summary: Starting January 2025, taxpayers must mandatorily report HSN (Harmonized System of Nomenclature) codes in Table 12 of GSTR-1/1A, following Notification No. 78/2020-Central Tax. This applies ...