Changes to e-Invoicing and e-Waybill HSN Code Requirements Coming into Effect on October 1, 2023
This change will be enforced from October 1, 2023, for e-Waybills and e-Invoices. Please make sure to comply with this requirement by the specified date.
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Changes to e-Invoicing and e-Waybill HSN Code Requirements Coming into Effect on October 1, 2023
The GST E-way bill system has issued an update, reminding GST taxpayers to use either 6-digit or 4-digit HSN Codes, which will soon become mandatory. If your annual turnover is over Rs 5 Crore, you must use a 6-digit HSN code. Others should use a 4-digit HSN code.
This change will be enforced from October 1, 2023, for e-Waybills and e-Invoices. Please make sure to comply with this requirement by the specified date.
It is important to emphasize that this required change will be implemented starting October 1, 2023, affecting both the e-Waybill and e-Invoice Systems. Taxpayers must adjust their invoicing and waybilling procedures accordingly to ensure they comply with the updated regulations within this timeframe.
Also Read: Advance Tax due date 15 SEP 2023: 2nd Installment for Advance Tax Submission
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Krishna Gopal Varshney
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