Update on the GST E-Way Bill: New HSN Code requirements starting on October 1, 2023

In an update dated September 5, 2023, the GST E-way bill system announced that, in accordance with Notification No. 78/2020 dated October 15, 2020, taxpayers with aggregate annual turnover (“AATO”) above Rs 5 Crore must use at least a 6 digit HSN code in their electronic invoices and waybills, while all other taxpayers must use at least a 4 digit HSN code.

The majority of tax payers already adhere to this, and it is expected of the other taxpayers to change with the times and comply by the deadline. Beginning on October 1, 2023, this will be required for e-Waybill and e-Invoice systems.

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