GSTN Issues Advisory On Implementation of Mandatory Mentioning of HSN codes in GSTR-1 & GSTR-1A

GSTN has issued an advisory focusing on the mandatory requirement of mentioning HSN (Harmonized System of Nomenclature) codes in GSTR-1 and GSTR-1A filings. Effective from 1st April 2025, businesses must declare HSN codes for the items they supply. The advisory specifies that businesses with an annual turnover of more than Rs. 5 crores must mandatorily mention the HSN code at a 6-digit level in GSTR-1. This change is aimed at enhancing the accuracy of tax returns and ensuring uniformity in reporting, improving tax compliance and the monitoring of goods and services flow under GST. The advisory provides a detailed explanation of the obligations and implementation process, making it crucial for taxpayers to comply with these requirements to avoid penalties.