HSN Code on GST Invoice Mandatory w.e.f. 1st April 2021, reminds CBIC


The Central Board of Indirect Taxes and Customs (CBIC) reminded the HSN
Code on GST Tax Invoice Mandatory w.e.f. 1st April 2021.

The Taxpayers whose aggregate Turnover is up to Rs. 5 crores in the
preceding Financial Year HSN code of 4 digits is mandatory for all the
B2B tax invoices and optional for B2C tax invoices on the supplies of
Goods and Services.

It is noteworthy, important system changes need to be integrated in your
e waybills, Delivery challans, Tax invoices, GSTR 1 reporting, Shipping
bills , GST refund applications and further note that options available
for nonreporting under Table 17 and Table 18 would be done away from FY
2122 positively.

For nonreporting in Table 17 and Table 18 in GSTR 9 of FY 2021, we need
to wait for the notification which may be issued by appropriate

MCA Notifies Option for Aadhaar Based Authentication for GSTIN

MCA notifies option for Aadhaar based Authentication for GSTIN
Registration in form INC35 AGILE-PRO

The Ministry of Corporate Affairs (MCA) notifies the Companies
(Incorporation) Third Amendment Rules, 2021 which seeks to amend
Companies (Incorporation) Rules, 2014.

In the Companies (Incorporation) Rules, 2014 in the Annexure, in Form
INC-35 AGILE-PRO, part of SPICe+, in serial number 12, at the end of
Table (A), the “Do you wish to perform Aadhaar authentication for GSTIN
registration. 0 Yes 0 No” shall be inserted.

The rules shall come into effect from March 2, 2021.