While Posting Supplier/Customer Manual invoice by using Create incoming/outgoing invoice app, My Client wants to make HSN/SAC Code field mandatory for GST Purpose on SAP S4 HANA Public Cloud. I have checked Field Status Group there is no such option for HSN Code and also I am unable to ed...
HSN code was introduced to make the GST systematic. While filing the GST returns, the taxpayers do not need to mention the description of the goods but instead mention the HSN code. The CBIC has also stated that mentioning HSN code is now mandatory in GSTR-1, if you are in the turnove...
When a registered business purchases goods or services from an unregistered supplier under thereverse charge mechanism in GST, the responsibility to issue an invoice falls on the recipient. This means that the recipient must create and maintain a valid invoice to document the purchase. For instance,...
I have explained briefly about Import Export Code number under my article -How to set up an export import firm in India. However, some of the readers need more clarifications about IE code and here, I have included their doubts about IEC number. Read below about Import Export Code number i...
Step 1 – Make Outline of Non-GST Invoice Format in Excel Set up the basic inputs. You’ll need a Product List in one sheet and a Customer List in another. Here’s what each list should contain: Product List (Columns B, C, and D): HSN Code of the products Product Name Unit ...
How to Find 6-digit HSN Codes HSN codes are used to classify goods and services, make sure that taxes are processed smoothly, and promote effective business operations. Understanding the meaning of HSN codes as a business owner or a responsible taxpayer gives you the ability to accurately and ...
There are situations in which the supplier has to make a supply but at the same time has to return some extent of the payment as well. This can be because of a sudden decrease in the price of the goods or services to be supplied or in case of discounts. The supplier may also have ...
Enter the Serial Number, Product, and HSN Code. List the Quantity and Unit Price for each item. Go to cell G20 and calculate the Amount by using the formula below: =F20*E20 In this formula, cell F20 represents the Unit Price of the Processor while cell E20 indicates the Quantity sold....
{ "itemNo":1, "productName":"STEEL", "productDesc":"STEEL", "hsnCode":26180000, "quantity":567, "qtyUnit":"KGS", "taxableAmount":678, "sgstRate":0, "cgstRate":9, "igstRate":0, "cessRate":0 } ] }, { "genMode":"Excel", "userGstin":"29AAAAT3520B1ZY", "supplyType":...
Watch: How to Generate E-invoices Online in TallyPrime Watch: How to Generate E-invoices Offline in TallyPrime FAQ: How to resolve an e invoice error code? Double check the accuracy of the HSN code on the e-invoice portal. However, if you believe it to be accurate, please send the de...