HSN CODE FOR OUTWARD SUPPLIES IN GSTR1
This query is : Resolved
12 February 2020
Dear Sir/Madam,
We sell Coils under hsn code 7209, and separately add loading charges, transportation charges to the main item value for arriving the taxable value for gst. Kindly let me know whether hsn/sac code is to be shown separately in case of transportation or loading charges while filing GSTR1
We sell Coils under hsn code 7209, and separately add loading charges, transportation charges to the main item value for arriving the taxable value for gst. Kindly let me know whether hsn/sac code is to be shown separately in case of transportation or loading charges while filing GSTR1
13 February 2020
your turnover ????????? under gst
28 July 2024
When filing GSTR-1, which is the monthly/quarterly return for outward supplies, it is crucial to report both the HSN codes and the GST rates accurately. Here's how to handle the reporting of outward supplies and associated charges such as transportation and loading charges:
### **1. HSN Code Reporting**
- **For Coils:**
- **HSN Code:** **7209** (for iron and steel coils).
- **GST Rate:** Ensure you apply the correct GST rate for the main item based on the HSN code.
### **2. Reporting Additional Charges**
- **Transportation Charges and Loading Charges:**
- These additional charges (transportation, loading, etc.) are typically considered part of the value of the supply, provided they are shown separately on the invoice and are not considered as separate services.
- **HSN/SAC Code for Transportation Charges:**
- **SAC Code:** **9965** (for "Transport of goods by road").
- **GST Rate:** This would generally be 5% if the transportation is within India.
- **HSN Code for Loading Charges:**
- There is no specific HSN code for loading charges as these are usually part of the service category.
- **SAC Code:** **9987** (for "Other support services").
### **3. How to Report in GSTR-1**
- **Item-wise Reporting:**
- **Coils (HSN Code 7209):** Report the main item (coils) under the relevant HSN code and apply the appropriate GST rate.
- **Transportation and Loading Charges:**
- **Invoicing:** Ensure these charges are listed separately on the invoice.
- **Reporting:** In GSTR-1, the transportation and loading charges are usually included in the taxable value of the supply but are reported under the same HSN code if they are part of the same supply.
### **Detailed Steps:**
1. **Invoice Generation:**
- Include the HSN code and GST rate for the coils.
- List transportation and loading charges separately with their respective SAC codes and GST rates.
2. **Filing GSTR-1:**
- **Table 12:** Report the outward supplies under the correct HSN code.
- **Table 13:** Report the value of the outward supply including any additional charges, ensuring that the transportation and loading charges are included in the total taxable value.
- **Table 15:** Include the details of the tax paid on these supplies, ensuring all additional charges are appropriately accounted for in the total value.
### **Example:**
If you are selling coils (HSN code 7209) and have added transportation charges, your invoice might look like this:
- **Description:** Coils (HSN code 7209)
- **Value:** ₹100,000
- **GST Rate:** X%
- **Additional Charges:**
- **Transportation Charges (SAC Code 9965):** ₹5,000
- **Loading Charges (SAC Code 9987):** ₹2,000
The total invoice value would be ₹107,000 (including taxes).
- **In GSTR-1:**
- Report ₹100,000 under HSN 7209 with applicable GST.
- Report ₹5,000 and ₹2,000 as part of the taxable value, ensuring GST is calculated correctly.
### **Summary:**
- **HSN Code for Coils:** **7209**
- **SAC Code for Transportation:** **9965**
- **SAC Code for Loading Charges:** **9987**
Ensure that you correctly apply and report GST on both the primary item and additional charges in your GSTR-1 return.
### **1. HSN Code Reporting**
- **For Coils:**
- **HSN Code:** **7209** (for iron and steel coils).
- **GST Rate:** Ensure you apply the correct GST rate for the main item based on the HSN code.
### **2. Reporting Additional Charges**
- **Transportation Charges and Loading Charges:**
- These additional charges (transportation, loading, etc.) are typically considered part of the value of the supply, provided they are shown separately on the invoice and are not considered as separate services.
- **HSN/SAC Code for Transportation Charges:**
- **SAC Code:** **9965** (for "Transport of goods by road").
- **GST Rate:** This would generally be 5% if the transportation is within India.
- **HSN Code for Loading Charges:**
- There is no specific HSN code for loading charges as these are usually part of the service category.
- **SAC Code:** **9987** (for "Other support services").
### **3. How to Report in GSTR-1**
- **Item-wise Reporting:**
- **Coils (HSN Code 7209):** Report the main item (coils) under the relevant HSN code and apply the appropriate GST rate.
- **Transportation and Loading Charges:**
- **Invoicing:** Ensure these charges are listed separately on the invoice.
- **Reporting:** In GSTR-1, the transportation and loading charges are usually included in the taxable value of the supply but are reported under the same HSN code if they are part of the same supply.
### **Detailed Steps:**
1. **Invoice Generation:**
- Include the HSN code and GST rate for the coils.
- List transportation and loading charges separately with their respective SAC codes and GST rates.
2. **Filing GSTR-1:**
- **Table 12:** Report the outward supplies under the correct HSN code.
- **Table 13:** Report the value of the outward supply including any additional charges, ensuring that the transportation and loading charges are included in the total taxable value.
- **Table 15:** Include the details of the tax paid on these supplies, ensuring all additional charges are appropriately accounted for in the total value.
### **Example:**
If you are selling coils (HSN code 7209) and have added transportation charges, your invoice might look like this:
- **Description:** Coils (HSN code 7209)
- **Value:** ₹100,000
- **GST Rate:** X%
- **Additional Charges:**
- **Transportation Charges (SAC Code 9965):** ₹5,000
- **Loading Charges (SAC Code 9987):** ₹2,000
The total invoice value would be ₹107,000 (including taxes).
- **In GSTR-1:**
- Report ₹100,000 under HSN 7209 with applicable GST.
- Report ₹5,000 and ₹2,000 as part of the taxable value, ensuring GST is calculated correctly.
### **Summary:**
- **HSN Code for Coils:** **7209**
- **SAC Code for Transportation:** **9965**
- **SAC Code for Loading Charges:** **9987**
Ensure that you correctly apply and report GST on both the primary item and additional charges in your GSTR-1 return.
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