How to show HSN Code in GST Return : GSTR 1

By | May 19, 2018
(Last Updated On: May 20, 2018)

HSN Code in GST Return

HSn means Harmonized System of Nomenclature

Table 12 of GSTR 1 return ask for HSN code in GST return

Table 12 – HSN wise summary of outward supplies.

hsn code in gstr 1 return

As per Instruction No 16  and 17 of GSTR 1

16. Summary of supplies effected against a particular HSN code to be reported  only in summary table. It will be optional for taxpayers having annual turnover  upto Rs. 1.50 Cr but they need to provide information about description of goods.

17. It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 Cr but upto Rs. 5.00 Cr and at four digits level for taxpayers having annual turnover above Rs.  5.00 Cr

Comment :  HSN code required if turnover exceeds Rs 1.50 crores. In case of turnover below Rs 1.50 crores, instead of HSN code, description of goods can be given.

HSN Code under GST : Free Study Material

Leave a Reply

Your email address will not be published.