GSTN issued advisory on HSN and GSTR-1 Filing. The advisory is as follows-
1. In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April, 2021 on the below mentioned lines.
| S.No | Aggregate Turnover in the preceding Financial Year | Number of Digits of HSN Code to be reported in GSTR-1 |
|---|---|---|
| 1 | Upto Rs. 5 crores | 4 |
| 2 | Above Rs. 5 crores | 6 |
Read Also: Gujarat AAR: Papads don’t attract GST, but fryum attract 18% Rate
2. It has been reported by few taxpayers that HSN used by them for reporting in GSTR-1 is not available in the table 12 HSN drop-down. They have further stated that they are facing issues in adding the required HSN details in table -12 and filing of statement of outward supplies in form GSTR-1 of July 2021. Further, in some JSON files, the HSN field is coming as blank from the offline tool, along with other errors as mentioned below:-
1)Processed with Error, In Progress or Received but pending
2)Duplicate Invoice Number found in payload please correct
3. To view the detailed advisory on the action to be taken by the taxpayers to resolve above issues, click on: https://tutorial.gst.gov.in/downloads/news/advisoryonhsnandgstr1.pdf
Disclaimer:The article or blog or post (by whatever name) in this website is based on the writer’s personal views and interpretation of Act. The writer does not accept any liabilities for any loss or damage of any kind arising out of information and for any actions taken in reliance thereon.
Also, www.babatax.com and its members do not accept any liability, obligation or responsibility for author’s article and understanding of user.
- Mail us at [email protected]
- Whatsapp us at +91-7024984925
