Question ID : 41004

SAC Code

I was going through a article somewhere and it was mentioned therein that SAC code of 6 digits has to be mandatorily mentioned on invoice from 1 April, irrespective of turnover or B to B or B to C Supply? Is it correct or same analogy has to be applied which is to be applied for HSN code i.e based on Turnover less than 5 Cr./Above 5 Cr. and depending upon B to B or B to C Supply.

Answer ID : 80996

mentioning 4 digit hsn is mandatory for B2B invoices for turnover upto 5 crores and optional for B2C invoiced from 1st April 2021

Answer ID : 81003

If turnover is less than 5Cr. SAC code is mandatory for all B2B supply and optional for B2C supply. If turnover is more than 5 Cr. SAC code is mandatory for all B2B and B2C supply.

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