E-way Bill Update: New HSN Code requirements effective from 1st of October-2023

As per the Notification No. 78/2020 dated 15th Oct 2020, the tax payers, having Aggregate Annual Turnover (AATO) above Rs 5 Crore, shall use atleast 6 digit HSN code in the e-Invoices and e-Way bills and other tax payers shall use atleast 4 digit HSN code in E-Invoices and E-Way Bills.

Most of the tax payers are already following this, other tax payers are requested to adapt to the change and comply by the due date.

This will be made Mandatory from 1st October 2023 in e-Waybill and e-Invoice Systems.

Source: https://ewaybillgst.gov.in/