GSTN implemented mandatory mentioning of 6 digit HSN codes in GSTR-1 for turnover above 5 crore
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- By Chetan Kulasri
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- Last Updated on 22 July, 2022
Latest from Taxmann
GSTN Update dated 20th July, 2022
The GSTN has implemented mandatory mentioning of 6 digit HSN codes in GSTR-1 for turnover above 5 crore on the GST Portal. It shall be available for the taxpayers w.e.f. 1st August, 2022. It is noteworthy that the taxpayers are required to report minimum 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1 on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year.
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