[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 12/2017 – Central Tax
New Delhi, the 28th June, 2017 7 Ashadha, 1939 Saka
G.S.R. …..(E).— In pursuance of the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017, the Central Board of Excise and Customs, on the recommendations of the Council, hereby notifies that a registered person having annual turnover in the preceding financial year as specified in column (2) of the Table below shall mention the digits of Harmonised System of Nomenclature (HSN) Codes, as specified in the corresponding entry in column (3) of the said Table, in a tax invoice issued by him under the said rules.
This notification shall come into force from the 1st day of July, 2017. [F. No.349/72/2017-GST]
(Dr. Sreeparvathy S.L.) Under Secretary to the Government of India
Note : 1.The above position is as per Law and Mandatory ,However Any taxpayer, irrespective of his turnover, may use HSN code at 6- digit or 8-digit level if he so desires.
2. Composition dealers may not be required to specify HSN at 2-digit level also.As maximum sale allowed to composition dealer is 75 lakh.
3. For provision of services, Service accounting code is required to be given.
Table Serial Number Annual Turnover in the preceding Financial Year Number of Digits of HSN Code (1) (2) (3) 1. Upto rupees one crore fifty lakhs Nil 2. more than rupees one crore fifty lakhs and upto rupees five crores 2 3. more than rupees five crores 4 2.