16 Bullet Points to be taken care of while implementing HSN digits from the new financial year 2021-22

A major change for which the businesses have to gear up starting 01st April 2021 is mentioning of HSN codes on all the tax invoices: Major points to be considered for this new provision are as below: 1. The change is an extension of the amendment made in Notification 12/2017-Central Tax through Notification No. 78/2020 dated 15/12/2020. 2. For turnover…