|
[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.
1[Table
Serial Number (1) | Aggregate Turnover in the preceding Financial Year (2) | Number of Digits of Harmonised System of Nomenclature Code (HSN Code) (3) |
1. | Up to rupees five crores | 4 |
2. | more than rupees five crores | 6 |
2. 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 Notes:
*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 |
|