18/06/2025
📌 Important Update for GST Registered Businesses 📌
🧾 HSN Code Rule under GST – Know What Applies to You!
Under GST, using the correct HSN (Harmonized System of Nomenclature) Code for goods is mandatory based on your annual turnover. This helps in proper classification and tax compliance.
🔍 HSN Code Requirement:
👉 Turnover up to ₹5 Crore (B2B) – 4-digit HSN mandatory
👉 Turnover above ₹5 Crore – 6-digit HSN mandatory (B2B & B2C both)
👉 Export/Import Transactions – 8-digit HSN mandatory
👉 B2C supplies up to ₹5 Crore – HSN optional (state-wise exemption may apply)
📄 Must be shown on:
✅ Tax Invoices
✅ E-Way Bills
✅ GSTR-1 (Table 12)
⚠️ Using wrong or missing HSN codes can lead to notices or penalties.
📌 Tip: Use the correct HSN code for each item you sell. You can find the codes on the official CBIC or GST portal.
💼 Stay compliant. Stay stress-free.
