New Advisory on Requirement of HSN Code on E-Way Bill Portal | Press Release
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- By Chetan Kulasri
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- Last Updated on 6 January, 2024
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Press Release dated January 5th, 2024
The NIC has issued an advisory to inform that requirement of 6 digit HSN code for all the B2B and Export transactions by the taxpayers whose Annual Aggregate Turnover (AATO) is more than Rs. 5 Crores shall be implemented in e-way bill System from 1st February 2024. The taxpayers, with AATO less than Rs. 5 Crores, would need to provide at least 4 digit HSN code.
Hence, the taxpayers are advised to make necessary changes in their systems and enter 4/6 digit HSN codes while generating the e-way bills through web and API systems from 1st Feb. 2024.
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