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Export invoice - Number of digits of SAC to be mentioned

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..... Export invoice - Number of digits of SAC to be mentioned
Query (Issue) Started By: - Mohideen A Dated:- 19-3-2019 Last Reply Date:- 19-3-2019 Goods and Services Tax - GST
Got 3 Replies
GST
As per notification 12/2017 - Central tax, if the annual turnover is more than 5 crores then 4 digits of HSN to be mentioned in the Tax invoice. Similarly for Export of services, is it mandatory to .....

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..... mention 6 digits or 4 digits is sufficient? Kindly clarify Thanks in advance Reply By KASTURI SETHI: The Reply: Yes,.it is mandatory for export also. Rather, it is more important for export purpose as HSN has been accepted internationally. As notification itself says that HSN is turnover basis. It is mandatory for all taxable supplies whether for home consumption or export. If your turnover is .....

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..... below 1.50 crore, even then you must mention HSN because it is safe from every angle. Reply By Mohideen A: The Reply: Dear Sir, Thanks for your clarification. We agree that we need to mention HSN/SAC in the export invoice. Currently we are mentioning first 4 digits of SAC in our export of service invoice. Is it mandatory to mention 6 digits of SAC in the export invoice or mentioning of 4 digi .....

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..... ts of SAC will be sufficient ? kindly clarify Reply By KASTURI SETHI: The Reply: Notification No.12/17-C.T. dated 28.6.17 has not been further amended so far. On the basis of this notification we can say that only 4 digits are mandatory. This is the latest position. Notification No.12/18-CT dated 7.3.18 meant for E-way bill also makes 4 digit mandatory. 6 digit HSN/SAC code is not mandatory.

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