HSN Summary
A RP is a retailer and his 99 % turnover is B2C . Is it compulsory to give HSN
summary with tax rate wise for B 2 C sale or only for B2B is sufficient.
7 Replies
Deepak Kumar
(791 Points)
Replied 10 June 2021
A Registered person sale B2C customer not mandatory to show HSN code But B2B sale is Mandatory.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 10 June 2021
Yes HSN summary is mandatory. If HSN is exempt then descripttion needs to be given
CA OM PRAKASH GUPTA
(CA Practice )
(76 Points)
Replied 10 June 2021
Summary is mandatory, but if supply to B2C only in that case?
Deepak Kumar
(791 Points)
Replied 10 June 2021
I think latest notification according not mandatory given summary in case B2c its My openion
RENU SHARMA
(1388 Points)
Replied 10 June 2021
If turnover below 5. cr for B2c transaction HSN is not mandatory
kumar rajat
(285 Points)
Replied 11 June 2021
If the turnover is more than 5 crore - 6 digit hsn mandatory
if the turnover upto 5 crore - B2B invoice 4 digit hsn mandatory , B2C invoice 2 digit hsn mandatory
if the turnover upto 5 crore - B2B invoice 4 digit hsn mandatory , B2C invoice 2 digit hsn mandatory
sabyasachi mukherjee
(27579 Points)
Replied 11 June 2021
Its advisable to maintain norms while invoicing.
HSN CODE IS MANDATORY.
HSN CODE IS MANDATORY.
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