Recent communications from GSTN and CBIC have shed light on important aspects of HSN (Harmonized System of Nomenclature) code ...

A common point of confusion for millions of grocery store owners and other small retailers in India is whether they must ...

GSTN's mandatory B2B sales information and HSN code in GSTR-1, table 12, is creating issues for taxpayers with only B2C sales ...

It is mandatory for taxpayers to report a minimum of 4 or 6 digits of the HSN (Harmonised System of Nomenclature) code in Table-12 of GSTR-1, based on their Aggregate Annual Turnover (AATO ...

Here's a summary of the changes in GSTR-1 reporting According to the advisory by GSTN here are the details: Manual user entry of HSN will not be allowed. HSN code can be selected from drop down only.

HSN code etc are provided by the taxpayer on e-way Bill Portal. This data is now transferred to GST portal and segregated in three categories to be used in GSTR-1 — business-to-business supplies ...

and HSN/SAC (services accounting codes) wise summary of outward supplies. However, taxpayers under the composition scheme are not required to file GSTR-1. Businesses with a turnover of less than ...

e -way bills and GSTR 1 returns,” it added. AMRG & Associates Senior Partner Rajat Mohan said traders, manufacturers and services providers would be required to give more precise HSN code while ...

The most common used return will be GSTR 1, 2,3, 4 & 9. GSTR 1, GSTR 2 and GSTR 3 is required ... supplies Here the taxable person will consolidate all his supplies across HSN codes. This section will ...

e -way bills and GSTR 1 returns,” it added. AMRG & Associates senior partner Rajat Mohan said traders, manufacturers and services providers would be required to give more precise HSN code while ...