Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

GST qery

Ajnas (Student) (844 Points)

04 July 2021

For hsn summery in case of zero rated supply like export with/without payment of tax, sez supplies with /without payment of tax, we need to mention both taxable value and tax amount or only taxable value in table 12 "hsn wise summery of outaard supplies" of GSTR 1?

Reply
Follow
Share

6 Replies

CA Altamush Zafar (GST Consultant) (15961 Points)
Replied 04 July 2021

Only Taxable value

Upgrade to CAclubindia Pro. Subscribe Now!

Ajnas (Student) (844 Points)
Replied 04 July 2021

That means in GSTR 1 and GSTR 9 we need to report only taxable value not both taxable value and tax amount (CGST, SGST, IGST, UTGST, CESS) in case of zero rated supply like export with/without payment of tax, sez supplies with /without payment of tax, we need to mention both taxable value and tax amount or only taxable value in table 12 "hsn wise summery of outward supplies" of GSTR 1 and table 17 of GSTR 9" hsn wise summery of outward supply" ?

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 05 July 2021

In GSTR 9 for Fy 2019-20 table 17 was optional (ref. Noti.79/2020)

In GSTR 1 under table 12 , taxable value need to be mentioned .
In table 6A of GSTR1 , both taxable & invoice value need to be mentioned.

Ajnas (Student) (844 Points)
Replied 05 July 2021

Pankaj rawat, you already said hsn wise summery in table 17 is equal to table 5N+10-11 in GSTR 9, then while mentioning only the taxable value in table 17 for export/Sez supplies with payment of tax, there is mismatch between tax amount in tabel 17 and table 5N+10-11

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 06 July 2021

In table 17 you need to provide HSN for every Outward Supply you made (Export, local)

From Table 4 you will get all the taxable supply (Export + Taxable intra/Inter supply) in Tab 4N
From Table 5 you will get all the Exempted supply + Export without payment of Tax in Table 5M
And In tab 5N you will get the total of 4N (Taxable + Export with payment) + 5M (Exempted & export without payment of tax ) - 4G ( which inward supply under RCM)

So in table 5N you the total outward supply is autocalculated.

Now come to table 10 any supply of Current Fy being declared in Subsequent FY need to be reported in this Table
& Any supply of Current Fy reduced in Subsequent Year need to be declared in this table .

So Total of 5N+10-11 is equal to your actual turnover in books . thus for the same the HSN need to be reported in table 17 , then how it can be mismatch of tax ....

Upgrade to CAclubindia Pro. Subscribe Now!

Ajnas (Student) (844 Points)
Replied 06 July 2021

Pankaj sir, eg:- export with payment of tax Rs.100000+18% and without payment of tax Rs 200000+18% then in this case which value is required to mention in the GSTR 1 and GSTR 9 of hsn summery coloumn? we need to consider tax amount 18% in this case for hsn summery? that is my doubt