Goods and Services Tax – GST Dated:- 27-8-2021 – News – 1.In accordance with Notification No. 78/2020 Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April, 2021 on the below mentioned lines. S.No Aggregate Turnover in the preceding Financial Year Number of Digits of HSN Code to be reported in GSTR-1 1 Upto ₹ 5 crores 4 2 Above ₹ 5 crores 6 2. It has been reported by few taxpayers that HSN used by them for reporting in GSTR-1
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