Taxation - Income TaxQuestion 5586 of 146
All Questions A4 digits for goods supplied to registered persons only (B2B)
B4 digits for goods supplied to registered as well as unregistered persons
(B2B and B2C)
C6 digits for goods supplied to registered persons only (B2B)
D6 digits for goods supplied to registered as well as unregistered persons
(B2B and B2C)
Answer Key
MCQ No.
Correct Option
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Correct Answer
✅ Option D — 6 digits for goods supplied to registered as well as unregistered persons (B2B and B2C) Answer Key MCQ No. Correct Option
All Options:
- A4 digits for goods supplied to registered persons only (B2B)
- B4 digits for goods supplied to registered as well as unregistered persons (B2B and B2C)
- C6 digits for goods supplied to registered persons only (B2B)
- D6 digits for goods supplied to registered as well as unregistered persons (B2B and B2C) Answer Key MCQ No. Correct Option ✓
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Detailed Solution & Explanation
As per Notification No. 78/2020-Central Tax dated 15.10.2020, a registered person whose aggregate turnover in the preceding Financial Year exceeds is mandatorily required to mention a 6-digit HSN code on tax invoices for both supplies made to registered persons (B2B) and unregistered persons (B2C).
Since Alpha Way Industries had an aggregate turnover of (which is greater than ) in the preceding Financial Year, it is required to issue tax invoices with a 6-digit HSN code for both B2B and B2C supplies.
Hence, **Option D** is the correct answer.
Since Alpha Way Industries had an aggregate turnover of (which is greater than ) in the preceding Financial Year, it is required to issue tax invoices with a 6-digit HSN code for both B2B and B2C supplies.
Hence, **Option D** is the correct answer.
Key Concepts to Understand
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