HSN CODE

SANDHYA SHINGTE (PARTNER) (57 Points)

18 June 2018

While doing accounting in TALLLY HSN code details are not maintained for purchases made. whether it is necessary?

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Ravi SADhiyan (Practice) (4510 Points)
Replied 18 June 2018

Originally posted by : SANDHYA SHINGTE
	While doing accounting in TALLLY HSN code details are not maintained for purchases made. whether it is necessary?

No Need to maintained

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Vinod Babu (24191 Points)
Replied 18 June 2018

If your turnover exceeds 1.5 crore, HSN code is necessary for maintaining inventory in tally.

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CA S Praveen Kumar Reddy (Chartered Accountant) (2195 Points)
Replied 18 June 2018

Yes if TO crossed 1.5cr

Vinod Babu (24191 Points)
Replied 18 June 2018

Yes.. Correct

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Jatin (Accountant) (3479 Points)
Replied 18 June 2018

Not necessary to maintain HSN details in Tally

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Vinod Babu (24191 Points)
Replied 18 June 2018

For account only no need to maintain hsn code in tally

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