HSN and SAC under GST

 According to Notification No. 78/2020 – Central Tax, dated October 15, 2020 Taxpayers must declare prescribed digits of the Harmonised System of Nomenclature (HSN) / Service Accounting Code (SAC) Code on raising tax invoices beginning April 1, 2021

• Revenue up to 5 crores – four digits

• Turnover of more than 5 crores – six digits

• The government has reserved the right to notify up to 8 digits; however, HSN codes with 8 digits are only required for export and import of products.

Example: Valid HSN codes, both 6-digits and 8-digits, can be specified in the tariff where HSN 6 digits are needed to be registered on invoices. Similarly, valid HSN codes as available in tariff, at 4-digit, 6-digit, and 8-digit, can be listed where HSN at 4-digits is defined. The basic description, unit, and GST rate, as well as the 4/6 digit HSN Codes that are not included in the tariff, are not allowed to be listed.

NOTE: if the HSN of any Goods/Service is otherwise valid but not accepted on GST Portal / e-invoice Portal / e-way Bill portal, please raise a ticket on GST Self-Service: https://selfservice.gstsystem.in/ >File a Problem Report In the box labelled "Type of Issue/Concern," type "HSN" > Choose an appropriate sub-category, such as ‘e-Invoice – IRP – HSN Code linked'

How do I find my hsn code in GST portal?

1.      Login portal: https://www.gst.gov.in/

2.      Services>User services>Search HSN Code

For more information for HSN code or SAC code under GST or reach out us at  [email protected] Mobile no. 9953004166