HSN / Service Accounting Code for Professional as mandatory from 1st April

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HSN / Service Accounting Code for Professional as mandatory from 1st April

 

It may be noted that quoting of HSN / SAC code is mandatory on tax invoice from 1st April 2021. Earlier, it was applicable only if turnover is above Rs. 5 CR. It is a 6 Digits code which is needed

Service HSN code for the professional is as under: 

1) Accounting and Book keeping services =998222
2) Bank Concurrent Audit =998221
3) Bank Statutory Audit =998221
4) CFO Services =998311
5) Corporate tax consulting and preparation services =998231
6) ERP Consulting =998313
7) ERP Implementation =998314
8) eSign Audit, CISA  =998319
9) GST/VAT/Serivice Tax Appeal =998212
10) GSTR 1 Corporate =998231
11) GSTR 1 Non Corporate =998232
12) GSTR 3B Corporate =998231
13) GSTR 3B Non Corporate =998232
14) GSTR 9 Corporate =998231
15) GSTR 9 Non Corporate =998232
16) GSTR 9C =998221
17) IBC Practice Insolvency and receivership services =998240
18) Income Tax Appeal =998212
19) Individual tax preparation and planning services =998232
20) Internal Audit =998221
21) ITR 6 – Company Returns =998231
22) ITR Filing – Non Corporate =998232
23) Obtaining Registration under statutes =998312
24) Other Tax Returns filing – Corporate =998231
25) Other Tax Returns filing – Non Corporate =998232
26) Payroll Process =998223
27) Statutory & non Statutory Certification Services =998224
28) Statutory Audit =998221
29) Stock Audit =998224
30) Tax Audit =998221
31) TDS Returns – Corporate =998231
32) TDS Returns – Non Corporate =998232
33) Transaction Audit =998224
34) VAPT Audit Test =998316

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