December 15, 2023 6-Digit HSN Code Update: Key Insights for Taxpayers
Recent changes in the technological regimes and the dynamics of legislation to enhance compliance, accountability, and effectiveness have redefined the face of Indian tax structure. Starting from December 15, 2023, e-invoices require the entry of a 6-digit HSN code into the e-invoice. This article focuses on this obligation, its impact on organizations, and India’s GST…