How many digit HSN codes will be mandatory in invoices for the business of turno

Question

How many digit HSN codes will be mandatory in invoices for the business of turnover of more than INR 5 crore?

Options:

A . 2

B . 10

C . 5

D . 6

Answer: Option D

Businesses with turnover of more than Rs.5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services.

Was this answer helpful ?

Next Question

Submit Solution

More Questions on This Topic :

Question 1. The United Nations declared which day as the International Day of Conscience?....

Question 2. Which country chaired the meeting of the 17th BIMSTEC Ministerial Meeting?....

Question 3. Which nation's President has signed a law enabling him to run for President again?....

Question 4. How much amount had been sanctioned for Stand Up India Scheme for 5 years by the Central Government?....

Question 5. Who has been nominated by Israel's President to form a government in the nation after inconclusive elections?....

Question 6. When will RBI Governor announce the bi-monthly monetary policy?....

Question 7. How much amount has been contributed by India for gender equality and women empowerment to United Nations?....

Question 8. Which state accounted for the highest collection of Rs 90000 cr from small savings schemes like PPF and NSC?....

Question 9. Which state has become the first to provide health insurance for all its residents?....

Question 10. As per diplomats India, UAE, and Israel trilateral trade to be reached to how much amount by 2030?....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0

Submit Solution

More Questions on This Topic :

Latest Videos

Latest Test Papers